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15-099INVILVAGIOL I me Lei ' !!1 RESOLUTION NO. 15 -099 ADOPTING THE 2016 -2020 CAPITAL IMPROVEMENT PLAN, CAPITAL PROJECT FUND BUDGETS, AND 2016 ENTERPRISE BUDGETS WHEREAS, City staff have presented the preliminary CIP and 2016 budgets at work sessions through September, 2015; and WHEREAS, the City Council has reviewed the CIP and budgets and made modifications to each that reflect desired community service levels; and WHEREAS, these budgets represent a reasonable estimate of what needs to be spent to provide the desired service level; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY *F SHOREWOOD AS FOLLOWS: 1. The 2016 -2020 Capital Improvement Plan is hereby adopted as presented. 2. The Park Improvement, Equipment Replacement, Street Reconstruction, MSA, Trail Construction, and Community Infrastructure budgets are hereby adopted as presented. 3. The Water, Sewer, Recycling, and Storm Water budgets are hereby adopted as presented. ADOPTED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD this 14th day of December, 2015. * �� P& "- AA� Jean Panchyshyn, City Clerk