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REQUOT FOR CITY COUNCIL AGEIGDA ITEM <br />Agenda Date Requested: October 8, 2001 <br />Requested By: Cynthia Alexander, Director of Finance <br />Department: FIXA CE <br />Report: Resolution: xx Ordinance: <br />Exhibits: Resolution <br />Exhibits: <br />Exhibits: <br />Appropriation <br />Source of Funds: <br />Amount Budgeted: <br />Budgeted Item: YES NO <br />SUMMARY & RECOMMENDATION <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 />Building a new Police Headquarters <br />$7.7 million <br />Improvements to City's Wastewater Treatment Plant <br />$3.5 million <br />Development of Westside Park in conjunction with <br />Building a youth baseball complex <br />$3.2 million <br />Fire Department/EMS <br />$1.9 million <br />Total <br />16.3 million <br />Action Required by Council: <br />Approve resolution authorizing publication of notice of intention to call for a bond election. <br />Approved for City Council Agenda <br />("Ri do 1 . of <br />Robert T. Herrera, City Manager Date <br />