HomeMy WebLinkAbout1977 RESOLUTION NO. 1977
A RESOLUTION REQUIRING THE ESTABLISHMENT OF A CAPITAL
IMPROVEMENT PROGRAM FOR THE CITY OF BREMERTON
WHEREAS, it is the responsibility of the City Council to establish
the general financial policies for the City of Bremerton, and
WHEREAS, it is also the responsibility of the City Council to
establish guidelines for the administrative branch of the government of the
City of Bremerton which will ensure the inaximum benefit and use of City
revenues; and
WHEREAS, funds to accomplish all desired capital and operational needs
of the City of Bremerton are not available; and
WHEREAS, it is the responsibility of both the legislative and
administrative branches of the government of the City of Bremerton to insure
that all projects and capital improvements embarked upon by the various depart-
ments and utilities of the City of Bremerton are thoroughly coordinated and
environmentally acceptable; and
WHEREAS, it is the responsibility of the government of the City of
Bremerton to carefully consider public input in the establishment of long-range,
major capital programs; and
WHEREAS, a comprehensive financial policy framework that sets Forth
written fiscal performance goals for capital improvements, debt revenue, operating
budgets, reserves, investments, accounting and financial reporting is required
by the City of Bremerton.
NOW THEREFORE, it is hereby
RESOLVED that the administrative branch of the government of the
City of Bremerton will develop the plans and procedures for the City of
Bremerten Capital Improvement Program no later than October 1984, and that
the plans and procedures, for implementation of this program, will be presented
to the City Council of the City of'Bremerton within.ninety (90) days for approval;
BE IT FURTHER RESOLVED that these plans and procedures will provide
for the following:
(1) That they provide for assessing the government's financial
condition in such a manner that it is possible to tailor
capital financing programs to the overall financial condition
of the City; and
(2) That they provide for a program that will cover a five (5) year
period beginning with the current year and identifies all
capital needs, ranks them in order of priority, systematically
considers alternative Financing methods, including innovative ones.
This capital programming should provide a framework for analyzing
the feasibility of total capital costs as well as life cycle
operating and maintenance costs for proposed projects; and
(3) That they provide for a Preliminary Capital Improvement Plan to
be presented to the City Council for consideration not later than
March 1984; and
Titat at least one (1) public hearing is held on each of the
Preliminary ancl Final Capital Improvement Programs prior to their
presentation to the City Council; and
(5) That all purchases and projects of the City having a value of
$10~O00.O0 or more and a projected useable life of excess of five
(5) years be included in the Capital improvement Program; and
(6) That the Bremerton Planning Commission will review the preliminary
and final Capital improvement Programforcompliance ~,Hth'the
Comprehensive Plan prior to presentation to the Council for
consideration; and
(7) That an environmental review of the Capital improvement Plan be
compIeted.
(8) That status reports on the progness of implementation be
provided formally to the City Council monthly for first
90 days, thereafter quarterly until adoption of said
plans.
ADOPTED by the City Council of the City of Bremerton at a regular
meeting held on 22 day of June, 1983,
DATED this 22 day of June, 1983
M.G. DAWKINS
Mayor
ATTEST:
City Clerk