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Res 2018-72 Adopting BudgetRESOLUTION NO. 2018 - 72 A RESOLUTION ADOPTING A BUDGET FOR THE YEAR 2019, A REVISED BUDGET FOR THE YEAR 2018 AND THE 2019 — 2023 CAPITAL INVESTMENT PROGRAM WHEREAS, The City Manager and Director of Finance/City Treasurer have presented to the City Council a Proposed 2019 Budget and a Revised 2018 Budget as stipulated by the City Charter, Chapter 7, Section 4; and WHEREAS, the Proposed 2019 — 2023 Capital Investment Program was presented to the City Council for its consideration on November 26, 2018; and WHEREAS, As a result of that review, it was concluded that the Proposed 2019 — 2023 Capital Investment Program provides for an effective and orderly allocation of resources for the community's needs, and WHEREAS, The City Council has held a public meeting on December 10, 2018, and has concluded the budget as prepared is appropriate; NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Fridley that the 2019 Budget, the Revised 2018 Budget, and 2019 — 2023 Capital Investment Program are hereby approved and adopted with the official copies being on file with the City Clerk. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 17th DAY OF DECEMBER, 2018. SCOTT J. LUND - MAYOR ATTEST: DEBRA A. SKOGEN - CITY CLERK