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ATTAINABLE <br />Does the City have the time and <br />financial resources to <br />yes, 70,000 $75,000 seems reasonable. <br />successfully implement this idea <br />right now while also addressing <br />other priorities? <br />RELEVANT <br />Does this idea fit within the <br />yes, improving the park is very much in -line with the vision and mission of <br />City's goals and will it be <br />a happy and healthy Lakewood. <br />considered worthwhile by <br />residents? <br />TIME -BOUND <br />Survey work to commence as soon as possible. Ground breaking Spring <br />Explain the timeline for your <br />2019. All work complete summer 2019. Park officially open September <br />idea. Make sure that it has a <br />2019. <br />clear beginning and end. <br />Below please find a set of criteria developed by the administration and reviewed by the Finance Committee. It <br />is recommended that you evaluate your budget submission against these criteria and be sure that it meets at least <br />one, if not several of the criteria on the list. <br />City of Lakewood Project -Based Capital Investment Criteria <br />Criterion A ❑ <br />C Kt <br />C ❑ <br />D ❑ <br />The project or policy is mandated by another government entity or other legal <br />requirement. <br />The project or policy meets a need or provides a service that is not served by <br />another government entity or that is traditionally served by municipal <br />governments. <br />The nroiect or oolicv was started in a <br />The project or policy provides an important health and /or safety benefit, and /or it <br />creates a potential hazard or liability of not corrected. <br />019 Reso 9020 -18 - as substituted by Finance 10/1/18 <br />