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06/22/2020 <br />RESOLUTION NO. 15861 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />REDWOOD CITY APPROVING AND ADOPTING THE FIVE-YEAR <br />CAPTIAL IMPROVEMENT PROGRAM FOR THE CITY OF REDWOOD <br />CITY FOR THE PERIOD OF FISCAL YEAR 2020-21 THROUGH FISCAL <br />YEAR 2024-25 <br />WHEREAS, a proposed Five -Year Capital Improvement Program (CIP) for Fiscal <br />Years (FY) 2020-21 through FY 2024-25 (hereinafter referred to as the "Proposed CIP" <br />and incorporated herein by reference) has been prepared by the City Manager; and <br />WHEREAS, the Proposed CIP is on file with the City Clerk, and is available for <br />review upon request; and <br />WHERAS, after due deliberation and consideration, it is the intention of the Council <br />of Redwood City to approve and adopt the Proposed CIP presently on file in the office of <br />the City Clerk. <br />NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF <br />REDWOOD CITY AS FOLLOWS: <br />SECTION 1. The City Council hereby finds that the facts set forth in the recitals to <br />this resolution are true and correct, and establish the factual basis for the City Council's <br />adoption of this resolution. <br />SECTION 2. The Proposed CIP is hereby approve and adopted. The adoption is <br />for all five years of the Proposed CIP presently on file in the office of the City Clerk. Upon <br />adoption of a future Proposed CIP, this appropriation shall be superseded. <br />SECTION 3. This resolution shall be effective immediately upon its adoption. <br />ATTY/RESO.0051/CC RESO 5YR CIP FY 19-20 <br />REV: 06-15-2020 EI <br />Page 1 of 1 <br />RE50. NO. 15861 <br />MUFF NO. 501 <br />