1975-5318r3 39
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RESOLUTION N0. 5318
RESOLUTION ADOPTING THE 1975/80 CAPITAL IMPROVEMENTS
PROGRAM AND THE 1975 CAPITAL IMPROVEMENT BUDGET
WHEREAS, a proposed capital improvement program for the periods 1975/80
and a proposed capital improvements budget for 1975 has been prepared and sub-
mitted 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, BE IT RESOLVED that the 1975/80 capital improvement
program is hereby approved and adopted subject to annual review and revision,
and
BE IT FURTHER RESOLVED that the 1975 capital improvement budget in the
sum of $6,862,214 is hereby approved and adopted with full recognition of
the fact that the cost estimates are approximate and are subject to engineering's
final cost estimates and that all awards of contracts for these projecs 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 this 18th day
of February, 1975.
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r~''~Lo, en L. Law ~ ~ I Mayor
ATTEST:
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Thomas J. Moran City Clerk