CC Resolution 1995-032 CIP Program 1995-96^#H[ IL
RESOLUTION NO.95-32
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF LA QUINTA, CALIFORNIA APPROVING
THE FISCAL YEAR 1995-96
CAPITAL IMPROVEMENT
PROGRAM
WHEREAS, the Capital Improvement Program CIP) is a five 5) year planning
instrument used by the City to identit* capital improvements 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 City1s goals, objectives and priorities for a five
5) year Capital Improvement Program and the financial commitments required to accomplish
those objectives; and
WHEREAS, the Fiscal Year 1995-96 CIP proposes approximately $9,704,551 in
improvement projects and $21,591,900 of unflinded, deferred improvement projects over the five
5) year period, commencing on July 1, 1995 and ending June 30, 2000; and
WHEREAS the first year of the CIP, called the capital budget, proposed $2,336,429 in
improvements, as shown in Exhibit 1, heretofore made a part of this Resolution.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of La
Quinta, does hereby approve the capital budget, including the appropriation of flinds, as shown in
Exhibit 1, heretofore made a part of this Resolution; and
BE IT FURTHER RESOLVED that the City Council of the City of La Quinta authorizes
the inclusion of said capital budget into the Fiscal Year * 995-96 operating budget, which
appropriates flinds for specific facilities, equipment and improvements.
PASSED, APPROVED AND ADOPTED this 16th day of May, 1995 by the following
vote:
AYES: Council Members Bangerter, Cathcart, Perkins, Smif, Mayor Pena
NOES: None
ABSTAIN: None
ABSENT: None
JOHN Ji<M*r**
City of La Quinta, California
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RESOLUTION NO 95-32
PAGE 2
A TEST
LA
City of La Quinta, California
APPROVED AS TO FORM:
DAWN C. HONEY*LL, City Attorney
City of La Quinta, California
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