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HomeMy WebLinkAboutEPURA RESOLUTION 245RESOLUTIONNO.245ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYADOPTINGA1996SUPPLEMENTARYBUDGETANDAPPROPRIATIONOFADDITIONALREVENUESANDEXPENDITURESWHEREAS,aResolutionisrequiredtoappropriateadditionalsumsofmoneytodefrayexpensesinexcessofamountsbudgetedin1996fortheEstesParkUrbanRenewalAuthority(Authority);andWHEREAS,theAuthorityhasunappropriatedsurplusesfromprioryearsandunanticipatedleaseproceeds,andtherefore,mustadoptaSupplementalBudget;andWHEREAS,theAuthorityhasexpensesinthegeneralfundassociatedwithunappropriatedfundsurplusesandleaseproceeds;andWHEREAS,theproposed1996SupplementaryBudgethasbeenreviewedbytheBoard;andWHEREAS,alllegalrequirementsrelatedtoconsiderationandapprovalofthebudgethavebeencompliedwith.NOW,THEREFORE,BEITRESOLVEDBYTHEESTESPARKURBANRENEWALAUTHORITYTHAT:1.TheGeneralFundrevenueisincreasedby$700,000to$2,494,317.2.TheGeneralFundexpenditureisincreasedfrom$1,434,500to$2,609,500.3.Theamountssetforthaboveareappropriatedforexpenditure.4.TheExecutiveDirectorisauthorizedtocertifythe1996SupplementaryBudgetinaccordancewithapplicablelegalrequirements.ADOPTEDthis11thdayofSeptember1996.ESTESPARKURBANRENEWALAUTHORITY-ChairmanATTEST7