2004-30RESOLUTION NO. 2004- 30
A RESOLUTION APPROVING THE VILLAGE OF BUFFALO GROVE
CAPITAL II4PROVEblENT PLAN
FY 2005 -2006 THROUGH FY 2009 -2010
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 2005 -2006
through FY 2009 -2010 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 2005-
2006 through FY 2009 -2010 reviewed by the President and Board of Trustees
on Monday, December 20, 2004 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. Tnbn gnn , Vahn _ m,-; i i it4g
NAYES: 0 - None.
ABSENT: 0 - None
PASSED: December 20 ,2004
APPROVED: December 20 ,2004.
APPROVED:f' %
Village President
Village 'Clerk