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96-017 . . . CITY OF SHOREWOOD RESOLUTION NO. 96-~ A RESOLUTION ADOPTING A CAPITAL IMPROVEMENT BUDGET FOR THE YEAR 1996 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 financial resources; and WHEREAS, the City Council has adopted a Capital Improvement Program for the years 1996 through 2000 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 1996. NOW, THEREFORE BE IT RESOLVED that the City Council hereby adopts those purchases and projects identified to be made in the year 1996 in the Project Schedule of the 1996-2000 Capital Improvement Program as its 1996 Capital Improvement Budget. BE IT FURTHER RESOL VED, 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 1996 pending City Council approval of appropriate agreements and operating budget adjustments. ADOPTED BY THE CITY COUNCIL of the City of Shorewood this 22nd day of January, 1996. "/ j "....., .,r:' ) . ~-' i '~,.....I .,~~'"... \..-.........." Robert B. Bean, Mayor ATIEST: /1 /' i , , I L I, v\JA C lkvflN;\ es C. Hurm, City Administrator