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{]RnU~ E 201.1::.26 .~--_!"-!"..-*~~,~. AN ORDINANCE APPROVING THE FY 2014-18 CAPITAL IMPROVEMENT PROGRAM AND APPROPRIATING $25,515,823 IN THE FY 2013-14 CAPITAL IMPROVEMENT FUND, $225,000 IN THE FY 2013-14 PARKING AUTHORITY CAPITAL IMPROVEMENT FUND AND $34,257,100 IN THE FY 2013-14 PUBLIC UTILITIES CAPITAL IMPROVEMENT FUND. WHEREAS, the City Manager has submitted to the City Council the Capital Improvement Program for FY 2014 through 2018 and the funding for Year One of the Capital Improvement Program; and WHEREAS, public hearings have been held to receive public comments on the five-year Capital Improvement Program and on funding for Year One of the Capital Improvement Program. BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: 1. That the five-year FY 2014-18 Capital Improvement Program is hereby approved with fiscal years 2015 through 2018 being non-appropriated subsequent planning years. 2. That the sums of $25,515,823 in the FY 2013-14 Capital Improvement Fund, $225,000 in the FY 2013-14 Parking Authority Capital Improvement Fund and $34,257,100 in the FY 2013-14 Public Utilities Capital Improvement Fund, be, and the same hereby are, appropriated for expenditure in the following categories and amounts to implement the FY 2014- 18 Capital Improvement Program: Capital Improvement Fund: Drainage and Street Improvements Education Education - Garage Bay Improvements Education - Asbestos Abatement at Olive Branch School Industrial and Economic Development Leisure Services Municipal Facilities $ 5,724,492 1,560,000 600,000 600,000 50,000 325,000 16,656.331 Total Capital Improvement Fund $25.515.823 $ 225.000 Total Parking Authority Capital Improvement Fund