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2 <br />THE CITY OF <br />~~ i , <br />~_' ` ~'~ "" ~ CITY COUNCIL AGENDA REPORT <br />j~L£~S~NTONe <br />June 19, 2007 <br />City Manager <br />TITLE: ADOPTION OF THE CITY OF PLEASANTON FOUR YEAR CAPITAL <br />IMPROVEMENT PROGRAM FOR FISCAL YEARS 2007-2008 THROUGH <br />2010-2011 <br />SUMMARY <br />Every two years the City Council adopts a Capital Improvement Program to assure that <br />infrastructure and capital improvement needs are adequately addressed and planned. <br />The proposed Capital Improvement Program establishes a course of action to meet <br />capital improvement needs over the next four years. The first two years of the program <br />are recommended for funding. The final two years of the program are included for <br />planning purposes only. <br />STAFF RECOMMENDATION <br />Staff recommends the City Council: <br />1. Adopt the proposed Capital Improvement Program for fiscal years 2007- <br />2008 through 2010-2011 as presented. <br />2. Appropriate the revenues and approve project expenditures for the projects <br />recommended for funding in fiscal years 2007-2008 and 2010-2011. <br />FINANCIAL STATEMENT <br />This CIP projects expenditures estimated at $50,272,912 over the next four years. All of <br />these projects are funded from revenues traditionally earmarked for the City's Capital <br />Improvement Program, including a General Fund transfer. As a result, there should not <br />be any additional financial impact on the City except for those detailed in the Program. <br />Should the Council decide to add or amend projects to the Program, additional impacts <br />may result. <br />