94-8209r71
RESOLUTION N0. 8209
RESOLUTION ADOPTING THE 1995 CAPITAL IMPROVEMENT BUDGET
WHEREAS, a proposed Capital Improvement Budget for 1995 has been
prepared and submitted for review by the City Council in accordance with
charter requirements, and
WHEREAS, the city council has received the recommendations and benefit
of review of these proposed documents by the Planning Commission and has it-
self reviewed these proposals.
NOW, THEREFORE, BE IT RESOLVED that the 1995 Capital Improvement
Budget in the sum total of $16,266,000 is hereby approved as amended and
adopted with full recognition of the fact that the cost estimates are
approximate and are subject to final cost estimates and that all awards of
contracts for these projects are subject to necessary hearings and must be
approved by the City Council in accordance with established laws and practices
governing such action, and
BE IT FURTHER RESOLVED that the City Manager is hereby authorized and
directed to initiate the procedures which- will lead to more formal and
detailed consideration of these projects in accordance with the aforementioned
laws and practices.
Passed by the City Council of the City of Richfield, Minnesota, this 12th day
of December, 1994.
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V~
Martin J. <ir ch Mayor
ATTEST:
Thomas P. Ferber City Clerk