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<br />. e <br />REQlsT FOR CITY COUNCIL AGENDA ITEM <br /> <br />Agenda Date Requested: October 8. 2001 <br /> <br />ApIJropriation <br /> <br />Requested By: Cynthia Alexandpr, nirpdor ofFinanc'p <br /> <br />Source of Funds: <br /> <br />Department: :ro:N A!loICE <br /> <br />Amount Budgeted: <br /> <br />Report: <br /> <br />Resolution: xx Ordinance: <br /> <br />Budgeted Hem: YES NO <br /> <br />Exhibits: Resolution <br /> <br />Exhibits: <br /> <br />Exhibits: <br /> <br />SUMMARY & RECOMMENDATION <br /> <br />The City's Financial Advisors and Bond Counsel have requested the City Council consider approving the attached <br />resolution. The resolution declares the intent of the City Council to call for a bond election. City Council held a <br />workshop on September 8,2001 and agreed to take to voters four projects that would be supported by issuing <br />general obligation debt. The projects are: ' <br /> <br />1. <br />2. <br />3. <br /> <br />Building a new Police Headquarters <br />Improvements to City's Wastewater Treatment Plant <br />Development of Wests ide Park in conjunction with <br />Building a youth baseball complex <br />Fire Department/EMS <br />Total <br /> <br />$7.7 million <br />$3.5 million <br /> <br />4. <br /> <br />$3.2 million <br />$] .9 million <br />16.3 million <br /> <br />Action Required bv Council: <br /> <br />Approve resolution authorizing publication of notice of intention to call for a bond election. <br /> <br />Approved for City Council AlZenda <br /> <br />G?~ \. \-\~ <br />Robert T. Herrera, City Manager <br /> <br />lO.,,\.O\ <br />Date <br />