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HomeMy WebLinkAboutEPURA RESOLUTION 3820RESOLUTIONNO.382ARESOLUTIONOFTHEESIESPARKURBANRENEWALAUTHORITYADOPTINGABUDGETFORTHEfISCALYEARBEGINNINGONTHE1STDAYOFJANUARY,200$ANDENDINGONTHE31STDAYOfDECEMBER,200$ANDAPPROPRIATINGFUNDSFORTHEIMPLEMENTATIONOfSAIDBUDGET.WHEREAS,theBoardofCommissionersoftheEstesParkUrbanRenewalAuthorityhasbeenpresentedaproposedbudgetforFiscalYear2008;andWHEREAS,theproposedbudgethasbeenreviewedbytheBoard;andWHEREAS,upondueandpropernotice,publishedinaccordancewiththelaw,saidbudgetwasopenforinspectionbythepublicatadesignatedplace,apublicmeetingwasheldonDecember19,2007,andinterestedtaxpayersweregiventheopportunitytocommentandfileorregisteranyobjectionstosaidproposedbudget;and‘WHEREAS,whateverincreasesmayhavebeenmadeinexpenditures,likeincreaseswereaddedtorevenuesandfundreserves,sothatthebudgetremainsinbalanceasrequiredbylaw;NOW,THEREFORE,BEITRESOLVEDBYTHEESTESPARKURBANRENEWALAUTHORITYTHAT:TheestimatedexpendituresforUrbanRenewalfundsforFY2008areasfollows:GeneralFund$210,000CapitalProjects1,500,000DebtServiceFund924,087TheestimatedresourcesforeachfundforFY2008areasfollows:GeneralFund$210,000CapitalProjects1,500,000DebtServiceFund924,087TheamountssetforthabovefortheGeneralandDebtServiceFundsareherebyappropriatedforexpenditure.TheExecutiveDirectorisauthorizedtocertifythebudgetinaccordancewithapplicablelegalrequirements.ADOPTED,this19thdayofDecember,2007.//1ESTESPAR1URBANRENEWAJhJTHO1ITY///,Ch’inrjan//ATThST:T:f