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HomeMy Public PortalAbout1999_04_13_r114Th.e Town of 1 .eesburg, lrglnla PRESENTED April 13, 1999 RESOLUTION NO. 99-114 ADOPTED April 13, 1999 A RESOLUTION: ADOPTING THE FISCAL YEARS 2000-2004 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 acting town manager submitted a proposed Capital Improvement Program to the Town Council and Planning Commission on February 26, 1999; and WHEREAS, the Planning Commission held a public hearing on the proposed CIP on March 18, 1999; and WHEREAS, the Planning Commission has reviewed the CIP for compliance with the Town Plan and on April 1, 1999 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 $100,015,775 over the next five years. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The proposed Capital Improvement Program for fiscal years 2000-2004 is hereby approved. SECTION II. Those projects scheduled for fiscal year 1999-2000 shall be included for inclusion in the budget for that fiscal year and such funds are hereby appropriated and such appropriations shall remain in effect until such projects have been completed. RESOLUTION: -2- ADOPTING CIP FY 2004 PASSED this 13th day of April, 1999. Clerk of Council R:CIP99 t. Ja~es E. Clem, Mayor Town of Leesburg