ANNUAL STREET RESURFACING DESCRIPTION: The annual street resurfacing project place an overlay of asphalt concrete (AC) on existing street surfaces that are approaching the end of their useful life, as evidenced by cracking and minor pavement failures. This project may include cutout and repair of pavement failures and grinding down the pavement at the outer edges or at curbs in preparation for resurfacing. It may also include the installation of pavement fabric in addition to pavement striping and stenciling after the resurfacing. Any damaged curb and gutter or minor drainage improvements will also be included in the project. As a point of general information, the streets that are selected for resurfacing in any given year are chosen based on a Pavement Management Program (PMP) that provides a citywide ranking of the condition of all the streets that are maintained by the city. The actual number of streets resurfaced is dependent upon both the condition of streets and the bidding climate. Our policy is to expend the amount budgeted rather than resurface an exact number of miles of streets. COST SUMMARY: Design and Construction $ 495,000 POTENTIAL FUNDING SOURCES: Gas Tax Funds   170,000 Capital Projects Fund $ 325,000 IMPACT ON ANNUAL MAINTENANCE AND OPERATION COSTS: The effort will still reduce the overall average of the condition of the streets ALTERNATIVES: An alternative would be to allocate a lesser amount of funding for street resurfacing, but this will further reduce the overall average of the condition of the street.