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CC Resolution 2002-067 RESOLUTION NO. 2002-67 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, ADOPTING THE FISCAL YEAR 2:002-2:003 THROUGH 2:006-2:007 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 2002-2003 through 2006-2007 Plan proposes approximately $65,131,685 in improvement projects and $82,018,732 of unfunded additional improvement projects over the five-year period, commencing on July 1, 2002 and ending June 30, 2007; and WHEREAS, the first year of the Plan, called the capital budget, proposes $57,684,01 2 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 2002-2003 operating budget, which appropriates funds for specific facilities, equipment and improvements. Resolution No. 2002-67 Capital Improvement Program FY 2002-2003 - 2006-2007 Adopted: May 7, 2002 Page 2 PASSED, APPROVED, and ADOPTED bythe La Quinta City Council at a regular meeting, held on this 7th day of May 2002, by the following vote: AYES': Council Members Adolph, Henderson, Perkins, Sniff, Mayor Pe~a NOES' None ABSENT: None ABSTAIN' None ~~[/~ ~/~~L J(~H~ )J. P~uin~tal~, ayor City ~ La California ATTEST: City of La Quinta, California (City Seal) APPROVED AS TO FORM: M: KA~HE E JENSO orney City of La Quinta, California CITY OF LA QUINTA CAPITAL IMPROVEM_ENT PLAN ICIPI FISCAL YEARS 2002/03 - 2006/07 12ootot - ~TOI~U. ~ ~ ~ - m~S S~ ~ ~Sns~O xO :.~;:....~ ~: ............. , ,. ,.. ~ ~6t0,1~ ~ ~/~ "~ 'T-TT'FT7 .... ".'~ ""; -'c~' I~~m~~ ','~, ~2 ... .~ · ~ / i -~~ / .... , ..... , . I~ , ~ ~ ...~. ., I~ ~ ~~~ ~o. ~ I~~. 2~/~ .... .-c ...................... ;...~.:.. :.,.~ ~ ........... / ~ ~52,375 ~ ~2/03 ' ~--~ .... /'~ '..___:_/ ~ , ~ ................ '; ', ........ ~ .""~ ~i ~ IL~ I ~ ~ ~ 2~2/03 - ~ 2~/07 --- ~. ~~~C[~No I~ ' ~lN*3 ~ ~ 2~2/~ - ~ 2006/07 Exhibit I