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HomeMy WebLinkAboutEPURA RESOLUTION 304oaRESOLUTIONNO.304ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYADOPTINGABUDGETFORTHEFISCALYEARBEGINNINGONTHE1STDAYOFJANUARY,2002ANDENDINGONTHE31STDAYOFDECEMBER,2002ANDAPPROPRIATINGFUNDSFORTHEIMPLEMENTATIONOFSAIDBUDGET.WHEREAS,theBoardofCommissionersoftheEstesParkUrbanRenewalAuthorityhasbeenpresentedaproposedbudgetforFiscalYear(FY)2002;andWHEREAS,theproposedbudgethasbeenreviewedbytheBoard;andWHEREAS,upondueandpropernotice,publishedinaccordancewiththelaw,saidbudgetwasopenforinspectionbythepublicatadesignatedplace,apublichearingwasheldonDecember19,2001,andinterestedtaxpayersweregiventheopportunitytofileorregisteranyobjectionstosaidproposedbudget;andWHEREAS,whateverincreasesmayhavebeenmadeinexpenditures,likeincreaseswereaddedtorevenuessothatthebudgetremainsinbalanceasrequiredbylaw;NOW,THEREFORE,BEITRESOLVEDBYTHEESTESPARKURBANRENEWALAUTHORITYTHAT:TheestimatedexpendituresforUrbanRenewalfundsforFY2002areasfollows:GeneralFund$4,879,938DebtServiceFund3,228,455TheestimatedresourcesforeachfundforFY2002areasfollows:GeneralFund$4,648,235DebtServiceFund3,547,087TheamountssetforthabovefortheGeneralandDebtServicefundsareherebyappropriatedforexpenditure.TheExecutiveDirectorisauthorizedtocertifythebudgetinaccordancewithapplicablelegalrequirements.ADOPTED,this19thdayofDecember,2001.ESTESPARKURBANRENEWALAUTHORITYChairmanATTESTJSecretary