CC Resolution 2001-050RESOLUTION NO. 2001-50
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LA QUINTA ADOPTING THE FISCAL YEAR 2001-2002
THROUGH 2O05-2006 CAPITAL IMPROVEMENT PLAN
WHEREAS, pursuant to Government Code Section 66002, the City of La Quinta
(the "City") is required to review and adopt a Capital Improvement Plan (the "Plan");
and
WHEREAS, the City is required to conduct a noticed public hearing for
consideration of adoption of the Plan; and
WHEREAS, notice of the public hearing has been given pursuant to, Government
Code Section 65090; and
WHEREAS, the Capital Improvement Program (CIP) is a five (5) year planning
instrument used by the City to identify capital improvement needs and to coordinate
financing and timing of those needs in a manner that maximizes the return to the
public; and
WHEREAS, the CIP is a statement of the City's goals, objectives and priorities
for a five (5) year CIP and the financial commitments required to accomplish those
objectives; and
WHEREAS, the Fiscal Year 2001-2002 through 2005-2006 CIP proposes
approximately $34,284,428 in improvement projects and $67,499,582 of unfunded
additional improvement projects over the five (5) year period, commencing on July 1,
2001 and ending June 30, 2006; and
WHEREAS, the first year of the CIP, called the capital budget, proposes
$19,609,177 in improvements, as shown in the Capital Improvement Plan -
2001/2002 through 2005/2006 on file in the Office of the City Clerk; and
NOW THEREFORE, the City Council for the City of La Quinta does hereby
approve the capital budget, including the appropriation of funds, as shown in the
Capital Improvement Plan - 2001/2002 through 2005/2006 on file in the Office of the
City Clerk; and
BE IT FURTHER RESOLVED, the City Council for the City of La Quinta authorizes
the inclusion of said capital budget into the Fiscal Year 2001-2002 operating budget,
which appropriates funds for specific facilities, equipment and improvements.
Resolution No. 2001-50
Capital Improvement Program
FY 2001-2002- 2005-2006
Adopted: May 15, 2001
Page 2
PASSED, APPROVED and ADOPTED this 151" day of May 2001, by the
following vote:
AYES: Council Members Adolph, Henderson, Perkins, Sniff, Mayor Pena
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
JUNE EK, CIVIC, CityL-erk
City of La Quinta, California
(City Seal)
APPROVED AS TO FORM:
O,OA & L--
M. K RII E J NSON, ' torney
City ff La Quinta, California