ADMINISTRATION- Nate Monahan, Recreation Manager
Title
ADOPT THE 2020 - 2024 PARKS AND TRAILS CAPITAL IMPROVEMENT FUND BUDGET
Background
The Parks and Trails Capital Improvement Fund is used for ongoing improvements and replacement of existing capital assets related to the City’s parks and trails. The primary funding source for this fund is a general tax levy ($350,000 for 2020). Additional revenue comes from billboard property leases ($150,000) which the City Council approved as a funding source in December 2019. The 2020 Budget and five-year plan was reviewed by the City Council at the February 10, 2020 Workshop. The Park Board reviewed the attached budget and five-year plan at their February meeting, found it to be consistent with the draft Parks Master Plan, and has recommended it for approval.
Recommendation
Adopt the following resolution.
Body
WHEREAS, the proposed Parks and Trails Capital Improvement Fund Capital Budget for the fiscal year commencing January 1, 2020 has been prepared by the City Manager; and
WHEREAS, the City Council has examined, studied, and reviewed said proposed Parks and Trails Capital Improvement Fund Budget; and
WHEREAS, the City Council has, after due consideration and deliberation, made such amendments and adjustments in the proposed Parks and Trails Capital Improvement Fund Budget as they consider necessary, desirable, or expedient.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Blaine as follows:
1. That the proposed Parks and Trails Capital Improvement Fund Budget attached hereto is approved and.
2. That the 2020 funding sources identified and attached hereto are approved.
3. That the 2020 appropriations attached hereto are approved.
4. That the City’s 5-Year Capital Improvement Plan be updated to reflect the approval of projects included in the proposed Parks and Trails Capital Improvement Fund Budget.
5. That the City’s Park Master Plan be updated to reflect the approval of projects included in the proposed Parks and Trails Capital Improvement Fund Budget.
6. That the City Manager is authorized and directed to implement and to administer, within the budgetary funding limits and within adopted City policy and relevant State and City laws and regulations, said approved Parks and Trails Capital Improvement Fund Budget.
PASSED by the City Council of the City of Blaine this 19th day of February 2020.