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HomeMy WebLinkAboutEPURA RESOLUTION 218URESOLUTIONNO.218ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYADOPTINGA1994SUPPLEMENTARYBUDGETANDAPPROPRIATIONOFADDITIONALREVENUESANDEXPENDITURESWHEREAS,aResolutionisrequiredtoappropriateadditionalsumsofmoneytodefrayexpensesinexcessofamountsbudgetedin1994fortheEstesParkUrbanRenewalAuthority(Authority);andWHEREAS,theAuthorityhasunappropriatedsurplusesfromprioryears,andtherefore,mustadoptaSupplementalBudget;andWHEREAS,theAuthorityhasexpensesassociatedwiththegeneralfundandcapitalprojectsfundwhichwereassociatedwiththeunappropriatedfundsurpluses;andWHEREAS,theproposed1994SupplementaryBudgethasbeenreviewedbytheBoard;andWHEREAS,alllegalrequirementsrelatedtoconsiderationandapprovalofthebudgethavebeencompliedwith.NOW,THEREFORE,BEITRESOLVEDBYTHEESTESPARKURBANRENEWALAUTHORITYTHAT:1.TheGeneralFundexpenditureisincreasedfrom$991,000to$1,390,400.2.TheCapitalProjectsfundexpenditureisincreasedfrom$394,000to$537,000.3.TheDebtServicefundexpenditureisincreasedfrom$1,823,008to$1,900,000.4.Theamountssetforthaboveareappropriatedforexpenditure.5.TheExecutiveDirectorisauthorizedtocertifythe1994SupplementaryBudgetinaccordancewithapplicablelegalrequirements.ADOPTEDthis7thdayofDecember1994.ESTESPARKURBANRENEWALAUTHORITYATTEST:Cliairman&cretary