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RES 2024-17 FY 2025-2030 Capital Improvment Plan TOWN OF TROPHY CLUB, TEXAS RESOLUTION NO. 2024-17 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB ADOPTING THE FISCAL YEAR 2025-2030 CAPITAL IMPROVEMENT PLAN; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Article IX, Section 9.08 of the Town Charter requires the Town Manager to prepare and submit a five-year Capital Improvement Program ("CIP") to the Town Council by August 1st of each year; and WHEREAS, the Town Manager has fulfilled this requirement by distributing the proposed CIP for Fiscal Year 2025 - 2030 to the Town Council on July 31st, 2024, as part of the proposed budget; and WHEREAS, the CIP outlines the anticipated capital projects, their estimated costs, and the proposed funding sources, serving as a vital planning tool to guide the Town's infrastructure development and ensure the effective allocation of resources over the next six years; and WHEREAS, the Town Council has reviewed the proposed CIP and finds that it supports the Town's strategic goals, aligns with community needs, and promotes the long-term sustainability of the Town's infrastructure. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS; THAT: Section 1. The facts and recitals set forth in the preamble of this Resolution are hereby found to be true and correct. Section 2. The Town Council hereby adopts the Capital Improvement Program ("CIP") for Fiscal Year 2025 - 2030 as presented by the Town Manager and attached hereto as Exhibit A. Section 3. The Town Manager is authorized and directed to implement the projects outlined in the CIP, and to periodically update the Town Council on the progress and any necessary adjustments to the CIP. Section 4. This Resolution shall take effect from and after its date of passage in accordance with law. PASSED and APPROVED by the Town Council of the Town of Trophy Club, Texas on this 9TH day of September 2024. RESOLUTION 2024-17 PAGE 2 J e • an ayor &HY CMG z \� 3 I � S ATTE T: t '�' •*✓ANUP1/4y' Tammy Dixon, To Secret ry APPROVED TO AS FORM: Dean g n ttorney RESOLUTION 2024-17 PAGE 3 EXHIBIT A FISCAL YEAR 2025-2030 CAPITAL IMPROVEMENT PROGRAM