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HomeMy WebLinkAboutEPURA RESOLUTION 323aaRESOLUTIONNO.323ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYADOPTINGABUDGETFORTHEFISCALYEARBEGINNINGONTHE1STDAYOFJANUARY,2003ANDENDINGONTHE31STDAYOFDECEMBER,2003ANDAPPROPRIATINGFUNDSFORTHEIMPLEMENTATIONOFSAIDBUDGET.WHEREAS,theBoardofCommissionersoftheEstesParkUrbanRenewalAuthorityhasbeenpresentedaproposedbudgetforFiscalYear2003;andWHEREAS,theproposedbudgethasbeenreviewedbytheBoard;andWHEREAS,upondueandpropernotice,publishedinaccordancewiththelaw,saidbudgetwasopenforinspectionbythepublicatadesignatedplace,apublicmeetingwasheldonDecember18,2002,andinterestedtaxpayersweregiventheopportunitytocommentandfileorregisteranyobjectionstosaidproposedbudget;andWHEREAS,whateverincreasesmayhavebeenmadeinexpenditures,likeincreaseswereaddedtorevenuessothatthebudgetremainsinbalanceasrequiredbylaw;NOW,THEREFORE,BEITRESOLVEDBYTHEESTESPARKURBANRENEWALAUTHORITYTHAT:TheestimatedexpendituresforUrbanRenewalfundsforfY2003areasfollows:GeneralFund$3,241,861DebtServiceFund3,136,788TheestimatedresourcesforeachfundforFY2003areasfollows:GeneralFund$2,839,588DebtServiceFund3,883,791TheamountssetforthabovefortheGeneralandDebtServiceFundsareherebyappropriatedforexpenditure.TheExecutiveDirectorisauthorizedtocertifythebudgetinaccordancewithapplicablelegalrequirements.ADOPTED,this18thdayofDecember,2002.ESTESPARKURBANRENEWALAUTHORITYChairmanATTEST:Secretary