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HomeMy WebLinkAboutEPURA RESOLUTION 251aRESOLUTIONNO.251ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYADOPTINGA1997SUPPLEMENTARYBUDGETANDAPPROPRIATIONOFADDITIONALREVENUESANDEXPENDITURESWHEREAS,aResolutionisrequiredtoappropriateadditionalsumsofmoneytodefrayexpensesinexcessofamountsbudgetedin1997fortheEstesParkUrbanRenewalAuthority(Authority);andWHEREAS,theAuthorityhasunappropriatedsurplusesfromprioryearsandunanticipatedleaseproceeds,andtherefore,mustadoptaSupplementalBudget;andWHEREAS,theAuthorityhasexpensesinthegeneralfundassociatedwithunappropriatedfundsurplusesandleaseproceeds;andWHEREAS,theproposed1997SupplementaryBudgethasbeenreviewedbytheBoard;andWHEREAS,alllegalrequirementsrelatedtoconsiderationandapprovalofthebudgethavebeencompliedwith.NOW,THEREFORE,BEITRESOLVEDBYTHEESTESPARKURBANRENEWALAUTHORITYTHAT:1.TheGeneralFundrevenueisincreasedby$700,000to$2,068,016.2.TheGeneralFundexpenditureisincreasedfrom$1,347,000to$2,322,000.3.Theamountssetforthaboveareappropriatedforexpenditure.4.TheExecutiveDirectorisauthorizedtocertifythe1997SupplementaryBudgetinaccordancewithapplicablelegalrequirements.ADOPTEDthis30thdayofApril1997.ESTESPARKURBANRENEWALAUTHORITYt/-,7.zi2A-1—i/chairmanSecretary