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1993-20RESOLUTION NO. 93- 20 A RESOLUTION APPROVING THE FY93 -94 THROUGH FY97 -98 CAPITAL IMPROVEMENT PLAN WHEREAS, the Capital Improvement Plan (CIP) is a tool that will assist the Village in its future capital financing strategies; and, WHEREAS, the CIP covers a five -year period and is intended to be an annually reviewed and approved budget document allowing the Village Board maximum flexibility to modify, add or delete from the program on an annual review basis; and, WHEREAS, the CIP, attached as Exhibit A, covers the period FY93 -94 through FY97 -98, has been previously reviewed by the Village Board. THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE COUNTIES, ILLINOIS that the Capital Improvement Plan for the period covering FY93 -94 through FY97 -98 is hereby approved with the understanding that all projects a part thereof shall be singularly approved during their respective budget periods. AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman, Hendricks NAYES: 0 - None ABSENT: 0 - None PASSED: April 12, 1993 APPROVED: April 12, 1993 ATTEST: ti T