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2015-28 ~ ::, {- AN ORDINANCE APPROVING THE FY 2016-2020 CAPITAL IMPROVEMENT PROGRAM AND APPROPRIATING $33,419,887 IN THE FY 2015-16 CAPITAL IMPROVEMENT FUND, $150,000 IN THE FY 2015-16 PORTSMOUTH PARHING AUTHORITY CAPITAL IMPROVEMENT FUND, AND $22,000,000 IN THE FY 2015-16 PUBLIC UTILITIES CAPITAL IMPROVEMENT FUND. WHEREAS, the City Manager has submitted to the City Council the Capital Improvement Program for FY 2016 through 2020 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, 2015 and ending June 30, 2016, be, and the same hereby are, as follows: Capital Improvement Fund Revenue State Categorical Aid Charges for Services Operating Transfers In Bond Proceeds Total Revenues Portsmouth Parking Authority CIP Operating Transfers In Public Utility CIP Fund Revenue Total Revenues Bond Proceeds Operating Transfer In Total Revenues $ .22,000,000 2. That the five-year FY 2016-2020 Capital Improvement Program is hereby approved with fiscal years 2017 through 2020 being non-appropriated subsequent planning years. $ 5,323,600 35,000 9,811,287 18,250,000 $ 33,419,887 $ 150,000 150,000 $ 5,000,000 17,000,000 3. That the sums of $33,419,887 in the FY 2015-16 Capital Improvement Fund, $150,000 in the FY 2015-16 Parking Authority Capital Improvement Fund and $22,000,000 in the FY 2015-16 Public Utilities Capital Improvement Fund, be, and the same hereby are,