HomeMy WebLinkAbout2009 Resolution No. 065•
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RES OLUTI ON NO . M
SERIES OF 200 9
A RESOLUTION APPROVING A SUPPLEMENT AL APPR OPRJA TI ON TO THE 2009
BUDGET FOR THE ABATEMENT OF PROPERTY LOCATED AT 37 50 SOUTH
CHE ROKEE STREET, ENGLEWOOD , COLORADO .
WHEREAS, the City of Engl ewood is required by Cit y Charter to ens ure that expenditures do
not exceed legall y adopted ap propriations ; and
WHEREAS, the 2009 Budget was submitted and approved by th e Englewood City Council on
October 24 , 2008 ; and
WHERE AS, this supplemental appropriation to the 2009 Budget is needed to abate the
property at 3750 Soutl-Cherokee Street which was badly damaged by an explosion and fire on
Apri l ) 3, 2009; and
WHEREAS, this expenditure could not be foreseen and therefore was not included in the 2009
Budget.
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 2009 , as follows:
2009 :iUPPLEMENT AL APPROPRIATION
GENERAL FUND
SOURCE OF FUNDS:
Unreservecl/Undesignated Fund Balan ce
USE OF FUNDS:
Contingency (Abatement of Cherokee Property)
$20 ,000
$20 ,000
Section 2. The City Manager and the Director of Finance and Admini strati ve Services are
hereb y authorized to make the above changes to the 2009 P.sd get for the City of Englew ood .
ADOPTED AND APPROVED thi s 3rd ci.:y of August , 1009.
• CO UNCIL CO MMUN ICATIO N
Date : Age nda It em: Subj ect:
August 3, 2009 11 Ci Supplementa l appropria tion for the aba tement of
th property at 3750 South Cheroke e Stree t
In iti ated By:
Department of Finan ce and Admi ni strative Services
I Staff Source:
Frank Gryglewicz, Director
COUNCIL GOAL ANO PREVIO US COUNCIL ACTION
The City Council has not <oecifically discussed this supplemental app ropriation of $20,000, but
Council has discusse d the condi tion of the property at 3750 South Cherokee Street a number of
li mes and has consiste nrly made the health, safet. , and security of the citizens of the City of
Englewood a prio rity.
RECOMMENDED ACTION
Staff reco mm en ds Ci ty Co un cil approve the attached reso lut ion au th orizing a supplemen tal
appro pr iation of $20,000 fro m the un reserve d/undesig nated fun d ba lance to the contingency funds
• :o abate th e property at 3750 So uth Cherokee Stree t.
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BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED
The property at 3750 South Che rokee Str eet was badly damaged by an explosion /fire on April 13,
2009. The City had contacted the bank ho lding the mortgage and received assu rances in May that
the bank would take care of the damaged property in a tim ely manner. To date, no action has been
taken on the bank's part to aba te and secure the property. The City has had the property i~sp!>cted
.. nd tested for asbestos. An appro pria tion of $20,000 will ensure tha t enough money is available to
handle the abatement and demolition of the property safely and promp tly.
The City may enter in to nego tiations to take possession of the property in the future.
The fo ll owing ill us trates the source and use of funds :
GENERA L FUND
SOURC E OF FUNDS :
Unre served/Undesignated Fund Balan ce
USE OF FUNDS :
Contingency (Abatemen t of Ch erokee Property)
FINANCIAL IMPACT
$20,000
$20,000
This supplemental appropriation will redu ce th e General Fund 's Unreserv ed/Und es ignat ed Fund
Balan ce by $20,000.
U ST OF ATTAC HME NTS
Proposed Reso luti on