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HomeMy WebLinkAboutEPURA RESOLUTION 359aRESOLUTIONNO.359ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYADOPTINGABUDGETFORTHEFISCALYEARBEGINNINGONTHE1STDAYOFJANUARY,2005ANDENDINGONTHE31STDAYOFDECEMBER,2005ANDAPPROPRIATINGFUNDSFORTHEIMPLEMENTATIONOFSAIDBUDGET.WHEREAS,theBoardofCommissionersoftheEstesParkUrbanRenewalAuthorityhasbeenpresentedaproposedbudgetforfiscalYear2005;andWHEREAS,theproposedbudgethasbeenreviewedbytheBoard;andWHEREAS,upondueandpropernotice,publishedinaccordancewiththelaw,saidbudgetwasopenforinspectionbythepublicatadesignatedplace,apublicmeetingwasheldonDecember15,2004,andinterestedtaxpayersweregiventheopportunitytocommentandfileorregisteranyobjectionstosaidproposedbudget;andWHEREAS,whateverincreasesmayhavebeenmadeinexpenditures,likeincreaseswereaddedtorevenuesandfundreserves,sothatthebudgetremainsinbalanceasrequiredbylaw;NOW,THEREFORE,BEITRESOLVEDBYTHEESTESPARKURBANRENEWALAUTHORITYTHAT:TheestimatedexpendituresforUrbanRenewalfundsforfY2005areasfollows:Generalfund$200,000CapitalProjects2,500,000DebtServiceFund910,163TheestimatedresourcesforeachfundforfY2005areasfollows:GeneralFund$200,000CapitalProjects2,500,000DebtServiceFund910,163TheamountssetforthabovefortheGeneralandDebtServicefundsareherebyappropriatedforexpenditure.TheExecutiveDirectorisauthorizedtocertifythebudgetinaccordancewithapplicablelegalrequirements.ADOPTED,this15thdayofDecember,2004.ESTESPARKURI3’JRENEWALAUTHORITYChairmanATTESf/