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CAPITAL IMPROVEMENTS ELEMENT GOAL, OBJECTIVES & POLICIES GOAL Indian River County will have a Capital Improvements Program which manages the provision of services and facilities as identified in each element of the Comprehensive Plan in a fiscally prudent manner, and ensures that the levels of service set in each element are maintained, facilities and infrastructure improvements are provided concurrent with development, existing infrastructure is maintained, and balanced growth is attained. OBJECTIVE 1 Construction of Capital Facilities By 1990, the County shall have Capital Improvement systems which identify all existing and future needs and ensure the provision of facilities and services which meet these needs. POLICY 1916 The county shall maintain a five year capital improvement program which is evaluated and updated annually. No capital improvements shall be undertaken by the county unless that improvement is included within this element's adopted five year capital improvements program. The Capital Improvements Element will be reviewed annually. If any transportation facility identified in the Schedule of Capital Improvements is delayed in construction and this delay will cause the level of service to deteriorate below the adopted minimum level of service standard for the roadway, a Comprehensive Plan Amendment will be required to adjust the Schedule of Capital Improvements. POLICY 1.2: The county shall evaluate and prioritize its capital improvement projects based on following criteria. Those criteria are ranked in order of importance. o Preservation of the health and safety of the public by eliminating public hazards, o Compliance with all mandates and prior commitments, o Elimination of existing deficiencies; o Maintenance of adopted level of service standards; o Provision of infrastructure concurrent with the impact of new development; 0 Protection of prior infrastructure investments;