Loading...
HomeMy WebLinkAboutEPURA RESOLUTION 263000RESOLUTIONNO.263ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYADOPTINGTHE1998SUPPLEMENTARYBUDGETANI)APPROPRIATIONOFADDITIONALREVENUESANDEXPENDITURESWHEREAS,aResolutionisrequiredtoappropriateadditionalsumsofmoneytodefrayexpensesinexcessofamountsbudgetedin199$fortheEstesParkUrbanRenewalAuthority(Authority);andWHEREAS,theAuthorityhasunappropriatedsurplusesfromprioryearsandunanticipatedsalesandpropertytaxincrementincreases,andtherefore,mustadoptaSupplementalBudget;andWHEREAS,theAuthorityhasexpensesinthegeneralfundassociatedwithunappropriatedfundsurplusesandsalesandpropertytaxincrement;andWHEREAS,theproposed199$SupplementaryBudgethasbeenreviewedbytheBoard;andWHEREAS,alllegalrequirementsrelatedtoconsiderationandapprovalofthebudgethavebeencompliedwith.NOW,THEREFORE,BEITRESOLVEDBYTHEESTESPARKURBANRENEWALAUTHORITYTHAT:1.TheGeneralFundexpenditureisincreasedfrom$1,503,000to$1,878,000.2.TheDebtServiceexpenditureisincreasedfrom$2,474,735to$2,574,735.3.Theamountssetforthaboveareappropriatedforexpenditure.4.TheExecutiveDirectorisauthorizedtocertifythe1998SupplementaryBudgetinaccordancewithapplicablelegalrequirements.ADOPTEDthis2n1(dayofDecember1998.ESTESPARKURBANRENEWALAUTHORITY/Chairman