2003-53� r
RESOLUTION NO. 2003- 53
A RESOLUTION APPROVING THE VILLAGE OF BUFFALO GROVE
CAPITAL IMPROVEMENT PLAN
FY 2004 -2005 THROUGH FY 2008 -2009
WHEREAS, the Capital Improvement Plan (CIP) is a tool that will assist the
Village in its future capital implementation and financing strategies; and
WHEREAS, the CIP will cover a five -year period and is intended to be an
annually updated, reviewed and approved budgetary document allowing the Village
Board maximum flexibility to modify, add or delete from the Plan on an annual
basis any and all projects not meeting the goals and objectives of the overall
capital development strategies of the Village; and
WHEREAS, pending final comments, the Plan for the period FY 2004 -2005
through FY 2008 -2009 can be considered for approval.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS that:
Section 1. The Capital Improvement Plan for the period covering FY 2004-
2005 through FY 2008 -2009 reviewed by the President and Board of Trustees
on Monday, December 1, 2003 is hereby approved with the understanding that
all projects identified herein shall further be singularly approved during
their respective budget periods.
AYES: 6 Braiman, Glover Berman Johnson, Kahn, Trilling
NAYES: 0 - None
ABSENT: 0 - None
PASSED: December 15 ,2003
APPROVED: December 15, ,2003.
APPROVED:
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Village President
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Villeg,6 Clerk