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O-707-14 ORDINANCE NO. 707-14 AN ORDINANCE OF THE MIAMI SHORES VILLAGE COUNCIL, MIAMI SHORES, FLORIDA, ADOPTING THE 2015 CAPITAL IMPROVEMENTS PROJECT SCHEDULE ANNUAL UPDATE TO THE MIAMI SHORES VILLAGE 2025 COMPREHENSIVE PLAN; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, In July, 2008, the Miami Shores Village Council adopted the 2025 Comprehensive Plan which was found to be in compliance by the Department of Community Affairs (DCA); and, WHEREAS, Section 163.3177 (3)(a), Florida Statutes, requires that local government comprehensive plans contain a Capital Improvements Element designed to consider the need for and the location of public facilities; and WHEREAS, Section 163.3177 (3)(b), Florida Statutes, requires that local governments review the Capital Improvements Element on an annual basis, and provides that modifications to update the five-year capital improvements schedule may be accomplished by ordinance; and WHEREAS, "capital improvement" generally means physical assets constructed or purchased to provide, improve, or replace a public asset, typically large scale, high in cost, generally non-recurring, and may require multi-year financing; and WHEREAS, Section 163.3177 (3)(a) 4, Florida Statutes, requires that projects necessary to achieve and maintain the adopted levels of service for the five-year planning period be included in the capital improvements schedule; and WHEREAS, the Miami Shores Village Council first considered the modifications relating to the Capital Improvements Schedule Annual Update during their regularly scheduled Council Meeting of October 7, 2014. NOW,THEREFORE, BE IT ORDAINED BY THE MIAMI SHORES VILLAGE COUNCIL,that: Section 1. The Capital Improvements Schedule Annual Update to the Miami Shores Village 2025 Comprehensive Plan is hereby adopted as set forth in Exhibit A, attached hereto and incorporated herein. Section 2. This Ordinance shall take effect upon its approval on second reading. PASSED AND ADOPTED,this 7th day of October , 2014. PASSED AND ADOPTED on 2nd and final reading,this 21St day of October , 2014. ATTEST: 2�2-61rm' 67 aw Herta Holly, Mayor Barbara A. Estep, MM Village Clerk APPROVED AS TO FORM: Richard Sarafan Village Attorney