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HomeMy Public PortalAbout1995_05_23_R105 The Town of Leesburg, Virginia RESOLUTION NO. A RESOLUTION: PRESENTED May 23, 1995 95-105 ADOPTED May 23, 1995 ADOPTING THE FISCAL YEARS 1996-2000 CAPITAL IMPROVEMENT PROGRAM WHEREAS, Section 15.1-464 of the 1950 Code of Virginia, as amended, authorizes the preparation and annual review of a Capital Improvement Program (CIP); and WHEREAS, the town manager submitted a proposed Capital Improvement Program to the Town Council and Planning Commission on February 8, 1995; and WHEREAS, the Planning Commission held a public hearing on the proposed CIP on March 2, 1995; and WHEREAS, the Planning Commission has reviewed the CIP for compliance with the Town Plan and on March 16, 1995 approved a motion to recommend the CIP for adoption by the Town Council; and WHEREAS, the CIP provides a long-term plan for the financing, acquisition and construction of capital facilities, projects and equipment in the amount of $45,263,804 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 fiscal years 1996-2000 is hereby approved. PASSED this 23rd day of May ,1995. J.~.a'_ mes. l mes ]E. Clem, Mayor Town of Leesburg ATTEST: R:CIP95