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HomeMy WebLinkAbout17-195 - ADMIN Resolution - City Council - 2017/12/18RESOLUTION NO. 17-195 RESOLUTION ADOPTING THE 2018 - 2027 CAPITAL IMPROVEMENT PLAN WHEREAS, the City Council of the City of St. Louis Park, Minnesota, has received a report from the Chief Financial Officer related to proposed capital spending for 2018 - 2027; and WHEREAS, it is necessary for the City to maintain and replace its capital stock in order to enhance the City's attractiveness to residents and businesses; and WHEREAS, good planning is a necessary part of the stewardship that the City Council and staff exercise over the capital assets of the City; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of St. Louis Park, MN, that: 1. The 2018 - 2027 Capital Improvements Plan is hereby adopted. 2. The City Manager is authorized to purchase or undertake the items included in the fiscal year 2018 funded portion of the plan as allowed by the City Charter and state statutes. 3. All -purchases required to be competitively bid must come before the City Council for final City Manager Attest: j, d Mefisk Kenne y, i y Clerk Adopted by the City Council December 18, 2017