HomeMy WebLinkAbout2019 Resolution No. 046RESOLUTION NO. 46
SERIES OF 2019
A RESOLUTION TRANSFERRING FUNDS FROM THE GENERAL FUND TO
THE PUBLIC IMPROVEMENT FUND FOR THE OXFORD AVENUE: FIRST
AND LAST MILE CONNECTIONS PROJECT
WHEREAS, the City of Englewood is required by City Charter to ensure that expenditures do not
exceed legally adopted appropriations;
WHEREAS, the 2019 Budget was submitted and approved by the Englewood City Council on
November 5, 2018;
WHEREAS, this request to transfer funds is being presented for City Council approval due to the local
match requirement under the Intergovernmental Agreement ("IGA") with the Colorado Department of
Transportation;
WHEREAS, the IGA was entered into by the Englewood City Council by approval and passage of
Ordinance No. I 0, Series 2019 on February 6, 2019;
WHEREAS, the IGA is for the acceptance of Transportation Demand Management grant funds for the
Oxford Avenue: First and Last Mile Connections project;
WHEREAS, the Colorado Department of Transportation is providing $87,138.00 in grant funds;
WHEREAS, the IGA requires that the City provide matching funds in the amount of$18,l 14 dollars;
WHEREAS, the Englewood Public Works Department committed $9,057 of the match , and the
Englewood Community Development Professional Services Budget committed the remaining $9,057;
WHEREAS, the amount contributed from Public Works is already budgeted in the Public Improvement
Fund, and the funds contributed by Community Development will need to be moved from the General Fund
to the Public Improvement Fund; and
WHEREAS, appropriation of the matching funds for 2019, are hereby presented for the consideration
and approval of City Council.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ENGLEWOOD, COLORADO, AS FOLLOWS:
Section I. The Budget for the City of Englewood, Colorado, is hereby amended for the year ending
2019, as follows :
FUND TRANSFER:
GENERAL FUND
Transfer Out to Public Improvement Fund from
Community Development Professional Services Budget
PUBLIC IMPROVEMENT FUND
Transfer in to Public Improvement Fund from
Community Development Professional Services Budget
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USE OF FUNDS:
City of Englewood Match Funds -TDM Grant for Oxford Avenue
First and Last Mile Connection $9,057
Section 2. The City Manager and the Director of Finance and Administrative Services are hereby
authorized to make the above changes to the 2019 Budget for the City of Englewood.
ADOPTED AND APPROVED this 20th day of May, 2019.
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I 7 21:;e~~
\I;ifii:la Olson, Mayor
ATTEST:
rlile, City Clerk
I, Stephanie Carlile, City Clerk for the City of Englewood, Colorado, hereby certify the above
is a true copy ofResolution No. 46, Series of2019.
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