File #: 451-16    Version: 1 Name:
Type: Resolution Status: Passed
File created: 11/6/2016 In control: City Council
On agenda: 11/22/2016 Final action: 11/22/2016
Title: Resolve: That the City establish a Capital Improvement Program
Sponsors: David D'Arcangelo

Title

Resolve: That the City establish a Capital Improvement Program

Body

Resolved: That it is the sense of the City Council that the city establish a Capital Improvement Program (CIP) to serve the following purposes:

1.                     to identify capital projects,

2.                     to identify costs, ways, means and financing options of each capital project, and

3.                     to identify timetables and/or schedules regarding capital project implementation;.

And be it further Resolved: That Capital Projects may include but not be limited to municipal real assets such as city hall, school buildings, fire stations, police stations, libraries, streets, and/or other real estate holdings or properties. Said CIP shall be audited on an annual basis.