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Home My WebLink AboutRESOLUTION 08-19RESOLUTION08-19FORSUPPLEMENTALBUDGETAPPROPRIATIONSfor2019ARESOLUTIONAPPROPRIATINGADDITIONALSUMSOFMONEYFORTHELIGHTANDPOWERFUNDINTHEAMOUNTANDFORTHEPURPOSESASSETFORTHBELOWFORTHETOWNOFESTESPARK,COLORADOFORTHEBUDGETYEARBEGINNINGONTHEFIRSTDAYOFJANUARY2019ANDENDINGONTHELASTDAYOFDECEMBER2019.WHEREAS,theBoardofTrustees(the“Board”)oftheTownofEstesParkhasadoptedthe2019annualbudgetinaccordancewiththeLocalGovernmentBudgetLawonNovember27th,2018;andWHEREAS,theBoardhasdeterminedthatitisinthebestinterestoftheTowntomakecertainexpendituresforthepurposeofstartingupafiber-to-the-premisesmunicipalbroadbandsystemtoprovidebroadbandservicesthroughouttheTownandadjoiningLightandPowerservicearea;andWHEREAS,itisnotonlyrequiredbylaw,butalsonecessarytoappropriateavailablefundbalancetoandforthemunicipalbroadbandproject,toallowstartupofthemunicipalbroadbandserviceoftheTownofEstesPark.NOW,THEREFORE,BEITRESOLVEDBYTHEBOARDOFTRUSTEESOFTHETOWNOFESTESPARK,COLORADO:Thattheappropriationsbeincreasedby$3,000,000fortheLightandPowerFundandthisamountisherebyappropriatedfromavailablefundbalanceofsaidfund.Fund#FundNameAmendmentIncrease(Decrease)502LightandPowerFund$3,000,000DATEDthis)&hldayofMARC.\-l,2019.TOWNOFSTESPARKMayorAHEST:.ToClerk