Loading...
CC Resolution 1997-037^O RESOLUTION NO.97-37 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA, CALIFORNIA, ADOPTING THE FISCAL YEAR 1997-98 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 1 997-98 CIP proposes approximately $12,206,788 in improvement projects and $16,172,212 of unfunded, deferred improvement projects over the five 5) year period, commencing on July 1, 1 997 and ending June 30, 2002; and WHEREAS, the first year of the CIP, called the capital budget, proposes $6,139,602 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 1 997-98 operating budget, which appropriates funds for specific facilities, equipment and improvements. BIB] 09-02-1998-U01 03:55:35PM-U01 ADMIN-U01 CCRES-U02 97-U02 37-U02 ^OResolution No.97-37 Page 2 PASSED, APPROVED, and ADOPTED this 6th day of April, 1997, by the following vote: AYES: Council Members Adolph, Henderson, Perkins, Sniff, Mayor Holt NOES: None ABSENT: None ABSTAIN: None GLENDA L. HOLT, Mayor City of La Quinta, California UNDRA L. J OLA, City Clerk City of La Quinta, California APPROVED AS TO FORM: * DAWN C. HONEYWELL, City Attorney City of La Quinta, California BIB] 09-02-1998-U01 03:55:35PM-U01 ADMIN-U01 CCRES-U02 97-U02 37-U02