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CAPITAL INVESTMENT PLAN (CIP) <br />From Alice Gordon <br />Potential Action on the CIP on .Tune 15, 1999 <br />1. With respect to the allocation of 1 cent of property tax revenue: <br />Approve 1/2 cent for School/Park Reserve <br />Approve 1/2 cent for County Projects <br />2. Approve the first year of the CIP (1999-00) according to the <br />amounts shown in Enclosure 6 for a 1/2 cent allocation (blue line). <br />(Some modifications might be appropriate.) <br />3. Hold final discussion/ approval of the rest of the CIP <br />(years 2000-01 until 2008-09) until after the summer break (August <br />or September) <br />Reasoning <br />It is only for the first year of the CIP that money will actually <br />be allocated and spent. Also, there are relatively few items in the <br />first year of the CIP that would be affected by the 1/2 cent versus <br />I cent allocation, so that there is time to work out the details for the <br />last nine years. <br />