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HomeMy WebLinkAboutRes 1411 - 1999-2004 Financial Planning Model and Capital Improvement Program TT ,Lv1lLA, w •ic i Or 1 —1 0 1908 City Washington No. /i A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, ADOPTING THE 1999 -2004 FINANCIAL PLANNING MODEL AND THE CAPITAL IMPROVEMENT PROGRAM FOR GENERAL GOVERNMENT AND THE CITY'S ENTERPRISE FUNDS. WHEREAS, when used in conjunction with the annual City budget, the Capital Improvement Program and the Financial Planning Model for the period 1999 -2004 are resource documents to help plan directions the City will consider for the future; and WHEREAS, the Financial Planning Model and CIP are not permanent fixed plans but are rather guidelines or tools to help reflect future goals and future resources at the time annual budgets are being planned; and WHEREAS, the commitment of funds and resources can only be made through the annual budget process; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: Section 1. The 1999 -2004 Financial Planning Model and accompanying Capital Improvement Program (CIP) are hereby adopted. Section 2. The assumptions, revenues and expenditures will be reviewed and updated annually or as necessary by the City Council. Section 3. The detail of CIP projects will be reflected in the published Financial Planning Model and Capital Improvement Program 1999 -2004, as summarized in the attached table of contents. PASSED BY THE CITY C U CIL OFT CITY OF TUKWILA, WASHINGTON, at a Regular Meeting thereof this 7 day of Del) 1998. PC.-e- -S k4-1:L Pamela Linder, Council President ATTEST/AUTHENTICATED: CilAt-C- e J E. Cantu, City Clerk APPROVED A 1 TO FORM A V- -4' fice of the Ci ttorney Filed with the City Clerk: /0/ //f Passed by the City Council: i V9'd' Resolution Number