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1972-4922rRESOLUTION No. 4922 RESOLU`1'ION ADOPTING 'Z'IIg 1973m1978 CAPITAL IMPROVEMENTS PROGRAM AND THE 1973 CAPITAL T.MPR.OVENIENTS BUDGET WHEREAS, a proposed capital improvements program for the periods 1973m78 and a proposed capital improvements budget for 1973 has been prepared and submitted for review to the planning commission and 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 itself reviewed these proposals; NOW,. THEREFORE, BF IT RESOLVED, that the 197378 capital. improvements pro- gram is hereby approved and. adopted subject to annual review and revision; and BE IT FURTHER RESOLVED that the 1973 capital improvement budget in the sum of $x,942,831 is hereby approved and. adopted with full recognition of the fact that the cost estimates are approximate and are subject to engineer°s 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.y 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 conside r ation of these projects in accordance with the aforementioned laws and practices, Passed by the city council of-the City of Richfield this 12th day of March, 1973. en L. Law Mayor ATTESTa Thomas J. Mo~r~ , ~ City C1erlC RESOLt,TTION No. 4922 RESOLUTION ADOPTING THE 1973-1978 CAPITAL dMPROVEMENTS PROGRAM AND THE 1973 CAPITAL IMPROVEMENTS BUDGET WHEREAS, a proposed capital improvements program for the periods 1973-78 and a proposed capital improvements budget for 1973 has been prepared and submitted for review to the planning commission and 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 itself. reviewed these proposals, NGW, THEREFORE, BE IT RESOLZ~ED, that the 1973- 78 capital improverr~ents program is hereby approve{, and adopted subject to annual review and revision, and BE IT FI?RTHER RESOLVED that the 1.973 capital improvement budget in the sum of $ 5, 942, 831 is hez-eby approved and adopted with full recognition of the fact that the cost estimates are approximate and are subject to engineer`s final cost estimates and that all awards of contracts far 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 pro- cedures which will leae o more formal and detailed consideration of these projects in accordance with th.e afore- mentioned laws and practices . Passed by the City Council of the City of Richfield this 12th day of March, 1973. L L ren L. Law Mayor ATTEST: Thomas J , ~ oran City Clerk