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HomeMy Public PortalAbout1996_06_11_R119 The Town of Leesburg, Virginia PRESENTED June 11, 1996 RESOLUTION NO. 96-119 ADOPTED June 11, 1996 A RESOLUTION: ADOPTING THE FISCAL YEARS 1997-2001 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 March 29, 1996; and WHEREAS, the Planning Commission held a public hearing on the proposed CIP on April 18,1996; and WHEREAS, the Planning Commission has reviewed the CIP for compliance with the Town Plan and on May 2, 1996, 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 $61,962,234 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 1997-2001 is hereby approved. PASSED this llth day of June , 1996. mes E. Clem, Mayor - Town of Leesburg ATTEST: Clerk of Council R:CIP96