CC Resolution 2012-012 CIP PlanRESOLUTION NO. 2012 - 012
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF LA QUINTA, CALIFORNIA, ADOPTING THE
FISCAL YEAR 2012/2013 THROUGH 2016/2017
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 and adoption of the Plan; and
WHEREAS, notice of the public hearing has been given pursuant to
Government Code Section 65090, specifically, the required notice was published
on April 25, 2012 in the Desert Sun; 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 2012/2013 through 2016/2017 Plan proposes
approximately $12,658,368 in improvement projects and $195,965,990 of
unfunded additional improvement projects over the five -year period, commencing
on July 1, 2012 and ending June 30, 2017; and
WHEREAS, the amount allocated from the Plan for first -year projects, called
the "Capital Budget," proposes $3,460,159 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.
NOW THEREFORE, BE IT RESOLVED, by the La Quinta City Council, as
follows:
Resolution No. 2012 -012
Capital Improvement Plan
r Adopted: May 1, 2012
Page 2
SECTION 1 . The above recitations are true and correct.
SECTION 2. The City Council hereby adopts the Fiscal Year 2012/2013 through
2016/2017 Capital Improvement Plan, approves the Capital Budget, and authorizes
the inclusion of the Capital Budget into the Fiscal Year 2012/2013 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 1 st day of May, 2012, by the following vote:
AYES: Council Members Evans, Franklin, Henderson, Osborne, Mayor Adolph
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
{Y YL��O/�
SUSAN MAYSELS, InterW City Clerk
City of La Quinta, California
(City `Ss3aq:
APPROVED'AS T
"AJ
ON AD H, OR
City of La Quinta, California
M. KA I HbRINE JEN,5;0N, City Attorney
City of La Quinta, ealifornia
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