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HomeMy WebLinkAbout86-03 - ADMIN Resolution - City Council - 1986/01/06 (2)RESOLUTION NO. 86-03 RESOLUTION APPROVING CAPITAL IMPROVEMENT PROGRAM 1986-1990 WHEREAS, a five-year Capital Improvement Program was prepared which takes into account the implementation of policies and programs previsouly establishedbytheCouncil, the urgent need and necessity for certain projects, the appropriate sequence of construction of projects in relationship to otherprojects, and the capital expenditures necessary to carry on a balanced program, and WHEREAS, the five-year Capital Improvement Program allows the City to carryprojectsinaccordancewithpre -determined 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 Improvement Programs which are annual ly reviewed and extended an additionalyear, and WHEREAS, scheduling of Capital Improvement projects allow the public tobecomeawareoflong-range municipal needs and provides a mechanism for coordination of projects with one another and to the City's long-range Compre- hensive Plan, NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of St. Louis Park, Minnesota, hereby adopts the Capital Improvement Program 1986-1990. Att s t : City Clerl Adopted by the City Council January 6, 1986 Reviewed for administration: Approved as to form and legality: y Manager City torney