City of Hermosa Beach -- 06-26-01

PROPOSED FIVE-YEAR CAPITAL IMPROVEMENT PROGRAM –
Fiscal years 2001-02 THROUGH 2005-06

 

Recommendation:

It is recommended that the City Council receive and file this report.

 

Summary:

On May 24, 2001, during the FY 2001-02 preliminary budget hearing, Council approved the Capital Improvement Program budget along with the City’s operating budget. Staff had planned to submit the entire Five-Year Capital Improvement Program (CIP) – FY 2001-02 through 2005-06 to Council at the June 26th meeting for adoption.

On June 13, 2001, the Public Works Commission voted to send the Five-Year Capital Improvement Plan to the CIP Subcommittee for further study due to the short time available for review. The CIP will be presented to the full Commission at the August 8, 2001 meeting and forwarded to Council in October.

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