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~s r ~~~t~„ i~~~~ 2..~~~. -29 AN ORDINANCE APPROVING THE FY 2017 - 2021 CAPITAL IMPROVEMENT PROGRAM AND APPROPRIATING $33,460,984 IN THE FY 2016 - 2017 CAPITAL IMPROVEMENT FUND, $2,100,000 IN THE FY 2016 - 2017 PORTSMOUTH PARKING AUTHORITY CAPITAL IMPROVEMENT FUND AND $1,000,000 IN THE FY 2016 - 2017 PUBLIC UTILITIES CAPITAL IMPROVEMENT FUND. WHEREAS, the City Manager has submitted to the City Council the Capital Improvement Program for FY 2017 through 2021 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, 2016 and ending June 30, 2017, be, and the same hereby are, as follows: Capital Improvement Fund Revenue State Categorical Aid $9,824,000 State Funding - VDOT 134,768 Charges for Services 35,000 Operating Transfers In 8,592,275 Bond Proceeds 14,874,941 Total Revenues $33,460,984 Portsmouth Parking Authority CIP Operating Transfers In $600,000 Bond Proceeds 1,500,000 Total Revenues $2,100,000 Public Utility CIP Fund Revenue Operating Transfer In $ 1,000,000 Total Revenues $ 1,000,000 2. That the five-year FY 2017 - 2021 Capital Improvement Program is hereby approved with fiscal years 2018 through 2021 being non-appropriated subsequent planning years.