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Resolution Number 07-06-05-02RESOLUTION NO. 07-06-05-02 ' A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JUAN CAPISTRANO, CALIFORNIA, ADOPTING APPROPRIATIONS AND AUTHORIZING EXPENDITURES RELATED TO THE 2007-2014 CITY SEVEN-YEAR CAPITAL IMPROVEMENT PROGRAM. WHEREAS, the City Council of the City of San Juan Capistrano held a public hearing to consider a proposed Seven -Year City Capital Improvement Program beginning July 1, 2007 and ending June 30, 2014; and, WHEREAS, the proposed Seven -Year City Capital Improvement Program (CIP) provides for service levels necessary to respond to the needs of the community; and, WHEREAS, the City Council intends to use the Seven -Year City CIP as a guide for determining City priorities; and, WHEREAS, the City Council recognizes that the Seven -Year City CIP will require adjustments from time to time and, accordingly, the City Manager is authorized to execute necessary transfers to carry out the scope of services as approved; and, WHEREAS, the City Planning Commission has determined the Seven -Year City ' CIP to be consistent with the City's General Plan. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of San Juan Capistrano does hereby adopt the appropriations and authorize expenditures and transfers out as detailed in the document entitled, Seven -Year City Capital Improvement Program as follows (subject to individual CIP projects, above $125,000, to come back to the City Council for project approval): Fiscal Year Authorized Expenditures 2007-2008 $27,903,690 2008-2009 $39,776,783 2009-2010 $23,715,291 2010-2011 $17,636,222 2011-2012 $11,064,268 2012-2013 $17,180,953 2013-2014 $25,200.405 TOTAL $162,477,612 That the following controls are hereby placed on the use and transfers of budgeted funds: (a) The City Manager may authorize all transfers of funds from project ' to project within a fund. Pagel of 2 06-05-2007 (b) The City Manager may delegate the authority to make budget transfers and adjustments. (c) The City Manager may authorize budget adjustments involving offsetting revenues and expenditures; the City Manager may authorize increase in an appropriation for a specific purpose where the appropriation is offset by unbudgeted revenues, which is designated for said specific purpose. PASSED, •- •• • •t•• t I STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF SAN JUAN CAPISTRANO ) I, MARGARET R. MONAHAN, appointed City Clerk of the City of San Juan Capistrano, do hereby certify that the foregoing Resolution No. 07-06-06-02 was duly adopted by the City Council of the City of San Juan Capistrano at a Regular meeting thereof, held the 5th day of June 2007, by the following vote: AYES• /COUNPIL MEMBERS: Nielsen, Uso, Hribar, Soto and Mayor Allevato NO 1/Ch�OU�,�jCIL MEMBER: None O AB ENT NCIL MEMBER: None Page 2 of 2 06-05-2007