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HomeMy Public PortalAbout1997_04_29_R099The Town of Leesburg, rg nta RESOLUTION NO. A RESOLUTION: PRESENTED April 29, 1997 97-99 ADOPTED April 29, 1997 ADOPTING THE FISCAL YEARS 1998-2002 CAPITAL IMPROVElvlENT 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 Colnmission on March 13, 1997; and WHEREAS, the Planning Commission held a public hearing on the proposed CIP on March 20, 1997; and WHEREAS, the Planning Commission has reviewed the CIP for compliance with the Town Plan and on April 3, 1997 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 $65,621,641 over the next five years. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: The proposed Capital hnprovement Program for fiscal years 1998-2002 is hereby approved. PASSED this 29th day of April. 1997. ATTEST: Clerk of Council . Clem, Mayor Town of Leesburg R: budget 98