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HomeMy WebLinkAboutEPURA RESOLUTION 369()RESOLUTIONNO.369ARESOLUTIONOFTHEESTESPARKURBANRENEWALAUTHORITYADOPTINGABUDGETFORTHEFISCALYEARBEGINNINGONTHE1STDAYOfJANUARY,2006ANDENDINGONTHE31STDAYOFDECEMBER,2006ANDAPPROPRIATINGFUNDSFORTHEIMPLEMENTATIONOfSAIDBUDGET.WHEREAS,theBoardofCommissionersoftheEstesParkUrbanRenewalAuthorityhasbeenpresentedaproposedbudgetforFiscalYear2006;andWHEREAS,theproposedbudgethasbeenreviewedbytheBoard;andWHEREAS,upondueandpropernotice,publishedinaccordancewiththelaw,saidbudgetwasopenforinspectionbythepublicatadesignatedplace,apublicmeetingwasheldonDecember21,2005,andinterestedtaxpayersweregiventheopportunitytocommentandfileorregisteranyobjectionstosaidproposedbudget;andWHEREAS,whateverincreasesmayhavebeenmadeinexpenditures,likeincreaseswereaddedtorevenuesandfundreserves,sothatthebudgetremainsinbalanceasrequiredbylaw;NOW,THEREFORE,BEITRESOLVEDBYTHEESTESPARKURBANRENEWALAUTHORITYTHAT:TheestimatedexpendituresforUrbanRenewalfundsforFY2006areasfollows:GeneralFund$200,000CapitalProjects2,300,000DebtServiceFund905,412TheestimatedresourcesforeachfundforFY200areasfollows:GeneralFund$200,000CapitalProjects2,300,000DebtServiceFund905,412TheamountssetforthabovefortheGeneralandDebtServiceFundsareherebyappropriatedforexpenditure.TheExecutiveDirectorisauthorizedtocertifythebudgetinaccordancewithapplicablelegalrequirements.ADOPTED,this21stdayofDecember,2005.ISlESPARKURBANRENEWALAUTHORITYChairmanArrEST:Secretary