From
Kathleen C. Mercer
Title
Resolution Accepting the FY 2013-2017 Capital Improvements Plan
Presenter
Kathleen C. Mercer, Director of Budget
Recommended Action
Approve
Analysis
As part of the Capital Improvement Projects Budget process, the City Council accepts the FY 2013-2017 Capital Improvements Plan (Exhibit A) and approves of this document as a planning tool to prepare for future bond sales and/or bond elections.
It is understood that acceptance of the FY 2013-2017 Capital Improvements Plan does not obligate Future City Councils to specifically approve the anticipated projects or bond sales or election amount, but rather the Document will serve as a tool to assist the City and private sector in planning for the City’s infrastructure development.
Financial Consideration
None
Body
A RESOLUTION OF THE CITY OF GRAND PRAIRIE, TEXAS, ACCEPTING THE FY 2013-2017 CAPITAL IMPROVEMENTS PLAN AND APPROVING THE DOCUMENT AS A PLANNING TOOL FOR FUTURE BOND SALES AND/OR ELECTIONS; TO BECOME EFFECTIVE UPON ITS PASSAGE AND APPROVAL
Whereas, the citizens of Grand Prairie have previously voted approval of bond issuance in 2001, for streets, storm drainage, public safety, water and wastewater; and
Whereas, the City Council desires a plan to develop and implement a well-planned Capital Improvements Plan (CIP) to coordinate these needed public investments; therefore
NOW THEREFORE, BE IT RESOLVED, by the City Council of the City of GRAND PRAIRIE, Texas;
SEction 1. THAT THE City Council accepts the FY 2013-2017 Capital Improvements Plan (Exhibit A) and approves this document as a planning tool to prepare for future bond sales and/or bond elections.
Section 2. THAT IT is understood that acceptance of the FY 2013-2017 Capital Improvements Plan does not obligate Future City Councils to specifically approve the anticipated projects or bond sales or election amount, but rather the Document will serve as a tool to assist the City and private sector in planning for the City’s infrastructure development.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAND PRAIRIE, TEXAS, ON THIS THE 18TH DAY OF SEPTEMBER, 2012.