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HomeMy WebLinkAbout5478 - ADMIN Resolution - City Council - 1976/02/09r • FEBRUARY 9, 1976 RESOLUTION NO. '478 RESOLUTION APPROVING CAPITAL IMPROVEMENT PROGRAM 1976-1980 WHEREAS, a five-year Capital Improvement Program was prepared which takes into account the implementation of policies and programs previously established by the Council, the urgent need and necessity for certain projects, the appro- priate sequence of construction of projects in relationship to other projects, and the capital expenditures necessary to carry on a balanced program, and WHEREAS, the five-year Capital Improvement Program allows the City to carry projects in accordance with predetermined priorities and helps stabilize tax rates as well as revealing the source and extent of funds needed in future years, and WHEREAS, the City Council has previously prepared five-year Capital Improve- ment Programs which are annually reviewed and extended an additional year, and WHEREAS, scheduling of Capital Improvement Projects allows the public to become aware of long-range municipal needs and provides a mechanism for coor- dination of projects with one another and to the City's long-range Comprehensive Plan, NOW THEREFORE BE IT RESOLVED that the City Council of the City of St. Louis Park, Minnesota, hereby adopts the Capital Improvement Program 1976-1980. Adopted by the City Council February 9, 1976. Mayor Attest: City Clerk Reviewed for administration: Approved as to form and legality: 4110 City Manager City Attorney