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HomeMy Public PortalAbout2003_05_28_r091The Town of Leesburg, rg nta PRESENTED May 28, 2003 RESOLUTION NO. 2 0 0 3 - 9 1 ADOPTED May 28, 2003 A RESOLUTION: ADOPTING THE FISCAL YEARS 2004-2008 CAPITAL IMPROVEMENT PROGRAM IN THE AMOUNT OF $98,435,768 WHEREAS, Section 15.2-2239 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 10, 2003; and WHEREAS, the Planning Commission held a public hearing on the proposed CIP on April 17, 2003; and WHEREAS, the Planning Commission has reviewed the CIP for compliance with the Town Plan and on April 17, 2003, 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 $98,435,768 over the next five years; and WHEREAS, the town manager recommends the Council approve the CIP as presented. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: The proposed Capital Improvement Program for Fiscal Years 2004-2008 is SECTION I. approved; and SECTION 11. Those projects scheduled for Fiscal Year 2004 shall be included 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. PASSED this 28th day of May 2003. ATTEST: Town of Leesburg RO3:CIP Res 04