CC Resolution 2003-031 RESOLUTION NO. 2003-031
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LA QUINTA, CALIFORNIA, ADOPTING THE FISCAL YEAR
2003-2004 THROUGH 2007-2008 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 Plan is a five-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 Plan is a statement of the City's goals, objectives and
priorities for a five-year Plan and the financial commitments required to
accomplish those objectives; and
WHEREAS, the Fiscal Year 2003-2004 through 2007-2008 Plan proposes
approximately $28,117,365 in improvement projects and $58,710,964 of
unfunded additional improvement projects over the five-year period, commencing
on July 1, 2003 and ending June 30, 2008; and
WHEREAS, the amount allocated from the Plan for first-year projects, called
the capital budget, proposes $23,005,585 in improvements, as shown in Exhibit
1, available for inspection in the Office of the City Clerk, 78-495 Calle Tampico,
La Quinta, California 92253.
NOW THEREFORE, the City Council for the City of La Quinta does hereby
adopt the Fiscal Year 2003-2004 through 2007-2008 Capital Improvement Plan,
and approve the capital budget, as shown in Exhibit 1, available for inspection in
the Office of the City Clerk, 78-495 Calle Tampico, La Quinta, California 92253.
Resolution No. 2003-
Capital Improvement Plan
Adopted: May 20, 2003
Page 2
BE IT FURTHER RESOLVED, the City Council for the City of La Quinta
authorizes the inclusion of said capital budget into the Fiscal Year 2003-2004
operating budget, which appropriates funds for specific facilities, equipment and
improvements.
PASSED, APPROVED and ADOPTED at a regular meeting of the La Quinta
City Council held on this 20th day of May, 2003, by the following vote to wit'
AYES: Council Members Henderson, Osborne, Perkins, Sniff, Mayor Adolph
NOES- None
ABSENT: None
ABSTAIN: None
DON A
City of La Quinta, California
ATTEST:
JUI~_~.JGREEK, C---M C, ~CTW-CI'er k
City of La Quinta, California
(CITY SEAL)
APPROVED AS TO FORM:
M. KATHERINE JENSON, City Attorney
City of La Quinta, California