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HomeMy WebLinkAboutRes 1901 - 2017-2022 Financial Planning Model / Capital Improvement Program Cover page to Resolution 1901 The full text of the resolution follows this cover page. Resolution 1901 was amended or repealed by the following resolutions. AMENDED REPEALED Section(s) Amended Amended by Res # Section(s) Repealed Repealed by Res # 1933 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ADOPTING THE 2017- 2022 FINANCIAL PLANNING MODEL AND THE CAPITAL IMPROVEMENT PROGRAM FOR GENERAL GOVERNMENT AND THE CITY'S ENTERPRISE FUNDS. WHEREAS, when used in conjunction with the biennial City budget, the Capital Improvement Program (CIP) and the Financial Planning Model for the period of 2017- 2022 are resource documents to help plan directions the City will consider for the future; and WHEREAS, the Financial Planning Model and Capital Improvement Program are not permanent fixed plans, but are guidelines or tools to help reflect future goals and future resources at the time budgets are being planned; and WHEREAS, the commitment of funds and resources can only be made through the budget process; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: Section 1. The City Council hereby adopts the 2017-2022 Financial Planning Model and accompanying Capital Improvement Program, incorporated by this reference as if fully set forth herein. Section 2. A copy of the 2017-2022 Financial Planning Model and accompanying Capital Improvement Program shall be kept on file electronically by the City Clerk and accessible from the City's website in accordance with Washington State records retention schedule requirements and City policy, and shall be made available to the public upon request. Section 3. The assumptions, revenues and expenditures will be reviewed and updated biennially, or as necessary, by the City Council. WAWord Processing\Resolutions\FinanciaI Planning Model & CIP 10-20-16 GL:bjs Page 1 of 2 Section 4. The detail of Capital Improvement Program projects will be reflected in the published Financial Planning Model and Capital Improvement Program 2017-2022. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this _5-04 day of -- . � 0 , 2016. ATTEST/AUTH E NTI CATE D: Christy O'FlaWerty, MMC, City Cle ....• 6ITI a -93 r.AT-A Mel 9 •01 S-1 WIF Rachel B. Turpin, City Attorney 'Joe Duffie, Colkk&resident Filed with the City Clerk: -A Passed by the City Council: 3 - -; --- Resolution Number: C? C/ WAWord Processing\Resolutions\FinanciaI Planning Model & CIP 10-20-16 GL:bjs Page 2 of 2