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17-115RESOLUTION NO. 17 -115 ADOPTING THE 2018 -2024 CAPITAL IMPROVEMENT PLAN, 2018 SOUTHSHORE CENTER BUDGET, 2018 CAPITAL PROJECT FUND BUDGETS, AND 2018 ENTERPRISE FUND BUDGETS WHEREAS, City staff have presented the preliminary CIP and 2018 budgets at meetings through December, 2017; 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 OF SHOREWOOD AS FOLLOWS: 1. The 2018 -2024 Capital Improvement Plan is hereby adopted as presented. 2. The Southshore Center, Parlc Improvement, Equipment Replacement, Street Reconstruction, MSA, Trail Construction, and Community Infrastructure budgets are hereby adopted as presented. 3. The Water, Sewer, Storm Water, and Recycling budgets are hereby adopted as presented. ADOPTED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD this 11th day of December, 2017. ISan PieThlone., City Clerk Scot erb "M