Regular 5.
Regular City Council Meeting
- Meeting Date:
- 06/24/2019
- TITLE
- Approving The Parks, Recreation and Public Lands Department's Park District #1 and Cash-in Leiu Funded FY 2020 - FY 2024 CIP Projects
- PRESENTED BY:
- Mike Whitaker
- Department:
- Parks/Rec/Public Lands
Presentation:
Yes
PROBLEM/ISSUE STATEMENT
The Capital Improvement Plan (CIP), is a financial tool that indicates the City Council's priorities for the physical assets of the City when the City departments prepare their budgets. The Parks Board reviewed and recommended at their June 12, 2019, monthly meeting that Council include the proposed Park District #1 and Cash-in-Lieu projects (see attached) in the FY 2020 to FY 2024 CIP.
ALTERNATIVES ANALYZED
Council may:
- Adopt the CIP additions as presented; or,
- Amend the CIP to include any desired projects and changes, and adopt the CIP as amended; or,
- Take no action which will not allow the additional items in the CIP to be included in the City’s budget for FY 2020; or,
- Or defer action to a later Council meeting.
FINANCIAL IMPACT
For the FY 2020 budget the Park District #1 and Cash-in-Lieu funded projects would result in expenditures totaling $1,300,000.
RECOMMENDATION
Staff recommends that Council approve the FY 2020 to FY 2024 CIP Park District #1 and Cash-in-Lieu funded projects.