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86-7242R16 RESOLUTION NO. 7242 RESOLUTION ADOPTI\G THE 1988-1992 CAPITAL IMPROVII~I'P BUDGET PROGRAM tiS, a proposed Capital Improvement Program for 1988-1992 has been prepared for review by the Planning Catanission in accordance with chartex requirements, and WHEREAS, the city council has received the recanmendations and benefit of review of these proposed documents by the Plaruzing Comni.ssion and has it- self reviewed these proposals. NCXrJ, THEREFI~RE, BE IT RESOLVED that the 1988-1992 Capital Improvement Program is hereby approved and adopted subject to annual review and revision. BE IT FURTHER RESOLVID 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 1st day of October, 1986. ATTEST: Thomas P. Ferber City Clerk