98-109
.
CITY OF SHOREWOOD
RESOLUTION NO. 98- 109
A RESOLUTION ADOPTING A CAPITAL IMPROVEMENT BUDGET
FOR THE YEAR 1999
WHEREAS, the Shorewood City Council wishes to carefully plan and
coordinate City public capital purchases and projects over a five year period matching
physical needs with fmancial resources; and
WHEREAS, the City Council has adopted a Capital Improvement
Program for the years 1999 through 2003 for this purpose; and
WHEREAS, it is the intention of the City Council to have the first year of
the five year Capital Improvement Program document serve as the capital budget for year
1999.
NOW, THEREFORE BE IT RESOLVED that the City Council
hereby adopts those purchases and projects identified to be made in the year 1999 in the
Project Schedule of the 1999-2003 Capital Improvement Program as its 1999 Capital
Improvement Budget.
.
BE IT FURTHER RESOLVED, that the adoption of said budget
authorizes purchases, and preliminary project expenditures up to and including feasibility
study for those projects identified to be undertaken in the year 1999 pending City Council
approval of appropriate agreements and operating budget adjustments.
ADOPTED BY THE CITY COUNCIL of the City of Shorewood this
14th day of December, 1998.
, MAYOR
.