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HomeMy WebLinkAbout94-74 - ADMIN Resolution - City Council - 1994/06/20RESOLUTION NO. 94-74 RESOLUTION APPROVING 1994-1998 CAPITAL IMPROVEMENT PROGRAM WHEREAS, the 1994-1998 Capital Improvement Program was prepared and takes into account the implementation of policies and programs previously established by the Council, the need for certain projects, the appropriate sequence of construction of projects in relationship to other projects, and the capital expenditures necessary to carry on a balanced program, and WHEREAS, the 1994-1998 Capital Improvement Program allows the City to establish projects in accordance with predetermined priorities and helps stabilize tax rates as well as revealing the source and extend of funds needed in future years, and WHEREAS, the City Council has previously prepared Capital Improvement Programs which were annually reviewed, and WHEREAS, scheduling of Capital Improvement Program projects allows the public to become aware of municipal needs and provides a mechanism for coordination of projects with one another. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of St. Louis Park, Minnesota, hereby adopts the 1994-1998 Capital Improvement Program. Adopted by the City Council June 20, 1994 Attest: Reviewed for administration: to 701,/, Approved as to form and execution: City Attorney