Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />. <br /> <br />URDiNANCE NO.2005-.31_ <br /> <br />AN ORDINANCE TO APPROPRIATE $19,958,934 IN THE CAPITAL <br />IMPROVEMENT FUND AND $9,860,000 IN THE PUBLIC UTILITIES CAPITAL <br />IMPROVEMENT FUND. <br /> <br />WHEREAS, the City Manager has submitted to the City Council the Capital <br />Improvement Program for 2006 through 2010 and the funding for year one of the Capital <br />Improvement Program; and <br /> <br />WHEREAS, public hearings have been held to receive public comments on the <br />five-year Capital Improvement Program and on funding for year one ofthe Capital <br />Improvement Program. <br /> <br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: <br /> <br />1. That the sums of $19,958,934 in the Capital Improvement Fund and <br />$9,860,000 in the Public Utilities Capital Improvement Fund, be, and the same hereby <br />are, appropriated for expenditure in the following categories and amounts to implement <br />the 2005-2006 Capital Improvement Program: <br /> <br />Capital Improvement Fund: <br /> <br />Drainage and Street Improvements <br />Education <br />Industrial and Economic Development <br />Municipal Facilities <br />Leisure Services <br /> <br />$ 5,633,645 <br />$ 6,702,289 <br />$ 383,000 <br />$ 6,575,000 <br />$ 665,000 <br /> <br />Total Capital Improvement Fund <br /> <br />$ 19,958,934 <br /> <br />Public Utilities Capital Improvement Fund <br /> <br />$ 9,860,000 <br /> <br />2. That the five-year Capital Improvement Program is approved with years 2006 <br />through 2010 being non-appropriated subsequent planning years. <br /> <br />3. That this ordinance shall take effect on July 1,2005. <br /> <br />ADOPTED by the Council of the City of Portsmouth, Virginia, at a meeting held <br />on May 3, 2005. <br /> <br />Teste: <br /> <br />City Clerk <br />