CC Resolution 2013-021RESOLUTION NO. 2013 - 021
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
LA QUINTA, CALIFORNIA, APPROVING THE FISCAL
YEAR 2013/2014 THROUGH 2017/2018 CAPITAL
IMPROVEMENT PROGRAM
WHEREAS, pursuant to Government Code Section 66002, the City of
La Quinta ( "City ") is required to review and approve a Capital Improvement
Program ( "CIP "); and
WHEREAS, the City is required to conduct a noticed public hearing for
consideration and approval of the CIP; and
WHEREAS, notice of the public hearing has been given pursuant to
Government Code Section 65090, specifically, the required notice was published
on April 26, 2013 in The Desert Sun; and
WHEREAS, the CIP 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 CIP 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 2013/2014 through 2017/2018 Program
proposes approximately $26,501,483 in improvement projects and $193,988,708
of unfunded additional improvement projects over the five -year period, commencing
on July 1, 2013 and ending June 30, 2018; and
WHEREAS, the amount allocated from the CIP for first -year projects, called
the "Capital Budget," proposes $19,837,787 in improvements, as shown in Exhibit
A, which is attached hereto and made a part of this Resolution; and
WHEREAS, there is inadequate funding within the City's General Fund or
from other sources to completely and fully fund the improvements identified within
the Capital Budget; and
WHEREAS, it would be in the best interest of the public to completely fund
all improvements identified within the Capital Budget.
Resolution No. 2013 -021
Capital Improvement Plan
Adopted: May 7, 2013
Page 2
NOW THEREFORE, BE IT RESOLVED, by the La Quinta City Council, as
follows:
SECTION 1. The above recitations are true and correct.
SECTION 2. The City Council hereby approves the Fiscal Year 2013/2014
through 2017/2018 Capital Improvement Program, approves the Capital Budget,
and authorizes the inclusion of the Capital Budget into the Fiscal Year 2013/2014
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 7th day of May, 2013, by the following vote:
AYES: Council Members Evans, Franklin, Henderson
NOES: Council Member Osborne
ABSENT: Mayor Adolph
ABSTAIN: None
KRIS /Y F , Mayor Pro Tem
City of La Quinta, California
ATTEST:
, � 7 v , 44v
SUSAN MAYSELS, Cit Clerk
City of La Quinta, California
(City Seal) -
APPROVED AS TO FORM:
LZ4
WILLIAM H. IHRKE, for the City Attorney
City of La Quinta, California