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To request the Mayor to promptly recommend an appropriate amendment to Ord. No. 2018-059, adopted May 14, 2018, which accepted a program of proposed Capital Improvement Projects for the fiscal year beginning July 1, 2018, and for the four fiscal years thereafter, and which adopted a Fiscal Year 2018-2019 Capital Budget, to appropriate the funds assigned to the Capital Maintenance Reserve from the Fiscal Year 2017-2018 general fund balance for the maintenance of roads and sidewalks.
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WHEREAS, section 12-264 of the Code of the City of Richmond (2015), as amended, provides for a Capital Maintenance Reserve; and
WHEREAS, the Council believes that it is in the best interests of the residents of the city of Richmond that the Mayor promptly recommend an appropriate amendment to Ord. No. 2018-059, adopted May 14, 2018, which accepted a program of proposed Capital Improvement Projects for the fiscal year beginning July 1, 2018, and for the four fiscal years thereafter, and which adopted a Capital Budget for the fiscal year beginning July 1, 2018, and ending June 30, 2019, to appropriate the funds assigned to the Capital Maintenance Reserve from the general fund balance for the fiscal year commencing July 1, 2017, and ending June 30, 2018, for the maintenance of roads and sidewalks;
NOW, THEREFORE,
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF RICHMOND:
That the Mayor of the City of Richmond is hereby requested to promptly recommend any legislation necessary to amend Ord. No. 2018-059, adopted May 14, 2018, which accepted a program of proposed Capital Improvement Projects for the fiscal year beginning July 1, 2018, and for the four fiscal years thereafter, and which adopted a Capital Budget for the fiscal year beginning July 1, 2018, and ending on June 30, 2019, to appropriate funds assigned to the Capital Maintenance Reserve from the general fund balance for the fiscal year commencing July 1, 2017, and ending June 30, 2018, for the maintenance of roads and sidewalks.