HomeMy WebLinkAbout2010 Resolution No. 037•
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RESOLUTION NO. J/1
SERIES OF 2010
A RESOLUTION APPROVING A SUPPLEMENT AL APPROPRIA Tl ON TO THE 20 l 0
BUDGET FOR THE DEMOLITION OF PROPERTY LOCATED AT 4757 SOUTH
BANNOCK STREET, ENGLEWOOD, COLORADO .
WHEREAS, the C ity of Englewood is required by City Charter to ensure that expenditures do
not exceed legally adopted appropriations; and
WHEREAS, the 20 10 Budget was submitted and approved by the Englewood City Council on
October 19 , 2009 ; and
WHEREAS , the property located at 4757 South Bannock Street ha s not been maintained for
many years and the fow1dation of the house has been compromised and is in danger of collapsing;
and
WHEREAS, the City Council has consistently made the health , safety and security of the
citizens of the C ity of Englewood a major priority; and
WHEREAS, th e Ch.iefBuilding Official has determined the house at 4757 South Bannock is a
threat to the health and safety of the surrounding neighborhood under the International Property
Maintenanc e Code as adopted by the City; and
WHEREAS , th e passage of th.is Res olution will appropriate $20,000 crom the
w1reserved/undesignated fund ba lance to the co ntin ge ncy fund to demo li sh the property at 4757
South Bannock;
NOW , THEREFORE, BE IT RESOLVED BY THE C ITY OUNCIL OF THE C ITY OF
ENGLEWOO D, COLORADO, AS FOLLOWS:
Section 1. T he Budget for th e General Fw1d of the Ci ty o f Englewood, Colorado, is hereby
amended for the year 20 10 , as foll ows:
2010 SUPPLEMENTAL A PPROPRIATION
GENERAL FUND :
SOU R CE OF FUNDS:
Unr cservccl/Undes ig nat cd Fund Balance
llSE OF FUNDS :
Co ntin ge ncy (Demolition o f Bannock Property)
$20 .000
$20,000
Section 2 . The City Manager and the Director of Finance and Administrative Services are
hereby authorized to make the above changes to th e 2010 Budget for the City of Englewood.
ADOPTED AND APPROVED th is 3"1 day of May, 2010.
{__
, hereby certify the
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COUNCIL COMMUNICATION
! Agenda It e m : Subj ect : I Date:
M ay 3, 20 10 9 ii A Resoluti o n fo r a Sup p lem e ntal Appropriati o n fo r
th e D em o liti on o f th e prope rty at 4 757 So uth
Bannock Str ee t
Initiated By : Staff Source:
D e partm ent o f Fin ance and Administrati ve Se rvice;; Fra nk G ryglewicz, Directo r
COUNCIL GOAL AND PREVIOUS COUNCIL ACTION
C o uncil has consiste ntly made the h ea lth , safety, and sec uri ty o f th e ci ti ze ns of th e City o f
En glewood a maj o r pri o rity. C o un c il d etermin ed the house at 4 757 So uth Ba nn o c k is a threat to
th e health and safe ty o f th e su rrounding n e ighb o rh ood.
Th e City C o un cil has disc uss e d th e co nditi o n o f this prop rty at pas t Study Se ssions and a t th e
Study Session o n April 26 , 20 10. C o un ci l d irec te d st aff t o pre pa re this Supplemental Appropriati o n
o f $20,000 to d em o li sh th e pro p e rty .
RECOMMENDED ACTION
St aff r ecomm end s C ity C o un c il approve th e atta h ed reso lutio n auth o ri z in g a Su pplem ental
Appro p ri ati o n fr o m th U nrese rve d /Unde si gnat ed Fun d ba lance to th e conti n ge n cy fun d in th e
am o unt o f $20,000 t o d em o li sh th e pro p e rty at 4757 So uth Ba n no k.
BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED
T h e p rope r ty a t 47 57 Sou th Rannock Str ee t has n o t b en maint ain e d fo r m a n y ye ars . Th e
fo unda ti o n of th e h o u · h as b n o m promi sed and is in clang r o f c o ll dpsing.
T he fo ll owi ng ill11 stra t s th e so 11rc ,rnd use o f fu nd s:
GENERAL FUND
SOURCE OF FUNDS :
U nresc rved/U ncles ig11 ated Fun d Ba lance $20,000
USE OF ~UNDS:
011, ,ge nc y (Dcrn o liti on o f B :111110 k Prop er ty) $2 0,000
• FINANCIAL IMPACT
Thi s supp lem e ntal appropria ti n w ill r ed u c th e Ge neral Fund 's U nrese rve d /Uncl si gnal ed Fund
ba lance by $20,000.
LIST OF ATTACHMENTS
Proposed Reso lution
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