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HomeMy Public PortalAbout1992_12_08_R243The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: 92-243 ADOPTING TI-IE FISCAL YEARS PROGRAM PRESENTED December 8, 1992 ADOPTED December 8, 1992 1994-1998 CAPITAL I1VfPROV~M~NT WHEREAS, Section 15.1-464 of the 1950 Code of Virgin~ as amended, authorizes the preparation and annual review of a Capital Improvement Program (C.I.P.); and WHEREAS, the town manager submitted a proposed Capital Improvement Program to the Town Council and Planning Commission on November 10, 1992; and WHEREAS, the Planning Commission has reviewed the C.I.P. for compliance with the Town Plan and on November 19, 1992, approved a motion to recommend the C.I.P. for adoption by the Town Council; and WHEREAS, the Town Council held a public hearing on the proposed C.I.P. on December 8, 1992; and WHEREAS, the C.I.P. provides a long-term plan for the financing, acquisition and construction of capital facih'ties, projects and equipment in the amount of $31.9 million over the next five years. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: The proposed Capital Improvement Program for fmcal years 1994-1998 is hereby adopted. PASSED this 8th day of December ,1992. ~Iames E. Clem, Mayor Town of Leesburg ATTEST: R:C.I.P.