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2014-46 .,...~ AN ORDINANCE APPROVING THE FY 2015-19 CAPITAL IMPROVEMENT PROGRAM AND APPROPRIATING $17,132,757 IN THE FY 2015 CAPITAL IMPROVEMENT FUND, $400,000 IN THE FY 2015 PARKING AUTHORITY CAPITAL IMPROVEMENT FUND AND $55,000,000 IN THE FY 2015 PUBLIC UTILITIES CAPITAL IMPROVEMENT FUND. WHEREAS, the City Manager has submitted to the City Council the Capital Improvement Program for FY 2015 through 2019 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. The estimated revenues and revenue contributions and the appropriation of funds to finance the Capital Improvement budgets of and for the City of Portsmouth, Virginia, for the period beginning July 1, 2014 and ending June 30, 2015, be, and the same hereby are, as follows: Capital Improvement Fund Revenue State Categorical Aid $ 5,000,000 Charges for Services 50,000 State Other 105,600 Operating Transfer In 9,477,157 Fund Balance 2,500,000 Total Revenues $ 17,132,757 Portsmouth Parking Authority CIP Operating Transfers In $ 400,000 Total Revenues $ 400,000 Public Utility CIP Fund Revenue Bonds Proceeds $ 51,000,000 Operating Transfer In $ 4,000,000 Total Revenues $ 55,000,000 2. That the five-year FY 2015-19 Capital Improvement Program is hereby approved with fiscal years 2016 through 2019 being non-appropriated subsequent planning years. 3. That the sums of $17,132,757 in the FY 2015 Capital Improvement Fund, $400,000 in the FY 2015 Parking Authority Capital Improvement Fund and $55,000,000 in the FY 2015 Public Utilities Capital Improvement Fund, be, and the same hereby are, appropriated