What is a Capital Improvement Project?
A Capital Improvement Project (CIP) is a project that results in a permanent addition to the City's assets through the acquisition of property, new construction, or rehabilitation of an existing facility to a like-new condition. Typical CIP projects are $25,000 or more.
Examples of CIPs are:
- Street reconstruction
- Traffic signal installation
- Water main replacement
What is not a Capital Improvement Project?
Annual or re-occurring maintenance of a facility.
Examples of what is not a CIP:
- Street pothole repair
- Park trail maintenance
- Projects involving other entities and non-City-owned property, such as OSU, 509J School District, Benton County, and ODOT.