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20-046CITY OF SHOREWOOD RESOLUTION NO. 20-046 ADOPTING THE 2020 -2029 CAPITAL IMPROVEMENT PLAN, AND 2020 CAPITAL PROJECT FUND BUDGETS WHEREAS, City staff have presented the preliminary Capital Improvement Plan (CIP) and 2020 capital project fund budgets at meetings through April, 2020; 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 2020 -2029 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. ADOPTED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD this 11th day of May, 2020. ATTEST: all Sandie Thone, City Clerk Sc Zerby, M or