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HomeMy WebLinkAboutEPURA RESOLUTION 3410RESOLUTIONNO.341ARESOLUTIONOfTHEESTESPARKURBANRENEWALAUTHORITYADOPTiNGABUDGETFORTHEFISCALYEARBEGINNINGONTHE1STDAYOFJANUARY,2004ANDENDINGONTHE315TDAYOFDECEMBER,2004ANDAPPROPRIATINGFUNDSFORTHEIMPLEMENTATIONOFSAIDBUDGET.WHEREAS,theBoardofCommissionersoftheEstesParkUrbanRenewalAuthorityhasbeenpresentedaproposedbudgetforfiscalYear2004;andWHEREAS,theproposedbudgethasbeenreviewedbytheBoard;andWHEREAS,upondueandpropernotice,publishedinaccordancewiththelaw,saidbudgetwasopenforinspectionbythepublicatadesignatedplace,apublicmeetingwasheldonDecember17,2003,andinterestedtaxpayersweregiventheopportunitytocommentandfileorregisteranyobjectionstosaidproposedbudget;andWHEREAS,whateverincreasesmayhavebeenmadeinexpenditures,likeincreaseswereaddedtorevenuesandfundreserves,sothatthebudgetremainsinbalanceasrequiredbylaw;NOW,THEREFORE,BEITRESOLVEDBYTHEESTESPARKURBANRENEWALAUTHORITYTHAT:TheestimatedexpendituresforUrbanRenewalfundsforFY2004areasfollows:GeneralFund$359,810CapitalProjects2,500,000DebtServiceFund990,598TheestimatedresourcesforeachfundforFY2004areasfollows:GeneralFund$359,810CapitalProjects2,500,000DebtServiceFund990,598TheamountssetforthabovefortheGeneralandDebtServiceFundsareherebyappropriatedforexpenditure.TheExecutiveDirectorisauthorizedtocertifythebudgetinaccordancewithapplicablelegalrequirements.ADOPTED,this17thdayofDecember,2003.ESTESPARKURBANRENEWALAUTHORITYChai1ATTEST: