Laserfiche WebLink
The five year Capital Improvement Program has been reviewed by <br />the planning commission and found to be in compliance with the <br />general plan. Attached are the minutes from their March 14th, <br />1990 meeting. <br /> <br />The proposed five year Capital Improvement program totals <br />$34,726,660.00 in capital expenditures. Money for the program <br />will come from Capital Improvement revenues and a contribution of <br />$6,580,000.00 from the City's general fund. General fund <br />contributions will be used primarily to meet debt service <br />payments for proposed new projects including, a senior center, 2 <br />gymnasiums, an addition to the police station, and additional <br />fourth fire station, and 1/2 of the existing corp yard debt <br />service which was previously approved by the City Council. <br /> <br />As in the past, there are more needed projects than there are <br />available funds; therefore, staff has prioritized which projects <br />should be funded within the next five years. The prioritization <br />is based on both need and availability of specific funding <br />sources which can be used for specific types of projects. <br /> <br />A copy of the Capital Improvement program introduction is <br />attached to this report for general review. <br /> <br /> Resp/~lly submitted, <br />~~~~~ager <br /> <br />Deborah Acosta <br />City Manager <br /> <br />Attachments: <br /> 1. <br /> <br />SR:90:139 2 <br /> <br /> <br />