CC Resolution 2000-038 RESOLUTION NO. 2000-38
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LA QUINTA ADOPTING THE FISCAL YEAR 2000-2001
THROUGH 2004-2005 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 2000-2001 through 2004-2005 CIP proposes
approximately $20,871,799 in improvement projects and 912,922,020 of unfunded
additional improvement projects over the five (5) year period, commencing on July 1,
2000 and ending June 30, 2005; and
WHEREAS, the first year of the CIP, called the capital budget, proposes
910,942,120 in improvements, as shown in Exhibit 1, heretofore made a part of this
Resolution.
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 Exhibit
1, heretofore made a part of this Resolution; 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 2000-2001 operating budget,
which appropriates funds for specific facilities, equipment and imprdvements.
Resolution No. 2000-38
Capital Improvement Program
FY 2000-2001 - 2004-2005
Adopted: May 2, 2000
Page 2
PASSED, APPROVED and ADOPTED this 2nd day of May 2000, by the following
vote:
AYES: Council Members Adolph, Henderson, Sniff, Mayor Pe~a
NOES: None
ABSENT: Council Member Perkins
ABSTAIN: None
JO yor
City of La Quinta, California
ATTEST:
JU EE Clerk
City of La Quinta, California
(City Seal)
APPROVED AS TO FORM:
City of La Quinta, California