HomeMy WebLinkAbout2008 Resolution No. 077•
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RESOLUT ION NO . 2.2...
SE RIES OF 200 8
A RESOLUTION TRANSFERRIN G FUNDS,FROM THE LANDSCAPE AND FINE ARTS
FUND TO THE PUBLIC.IMPROVEMENT FUND FOR LI GHTING IMPROVEMENTS.
CO N~1~~TRfCiL 'REPAIRS AND HOLIDAY DECO RATIONS .
WHEREAS. 1he Landscape and Fine Arts Fund wa : crea lcd 10 accounl for funds co ll ected from
property ow ners in lieu of providin g landscapi ng as required by Ordi nance No . 2, Series of 1984 ;
and
WHEREAS; th e fund s accumu lated can be used fo r '1bea utifi ca 1i on of the publi c areu as
detenni ned by th e legislative body"; and
WHEREAS , th e funds wi ll be used for : $6,000 for holiday lighting ; $12,000 for electrica l and
concrete repairs ; and $45,000 fo r globe replacement s on Broadway; and
WHEREAS , the So uth Englewood Broadway Business Imp rove ment District will support th e
project by providing funds to share in the cos t fo r holid ay lighting;
NOW, THEREFORE , BE IT RESOLVED BY THE CITY COUNC IL OF THE CITY OF
ENGLEWOOD, COLORADO, THAT :
Sec tion I. The Ci ty Co uncil of the City of Englewood , Co lorado, autho ri zes the transfer of fu nds
from th e General Fun d to th e Public Imp rove ment Fund , as fo ll ows :
GENERAL FUND
SOURCE OF FUND S:
La ndscape and Fine Arts Fund Balance
USE OF FUND S:
Transfers Out to th e Publi c Improvement Fu nd
PUBLIC IMPROVEMENT FUND
SO URCE OF FUND S:
Trans fers In fr om the Genera l Fund
USE OF t'UNDS :
Lightin g, Concrete, Electri ca l Repairs and Holiday Decorations
$63,000
$63,000
$63,000
$63,000
Secti on 2. The City Ma nage r and th e Dircc 1or of Fi nance and Ad ministra tive Services are hereby
authorized to make the above chang es to the 2008 Budget for the Cit y of Englewood .
ADOPTED AND APPR OVE D thi s 3rd da y of Novembe r, 2008 .
I, Loucris hia A. Ell is , Ci ty ~ fo r the City of Englewood, Co lo
a true copy of Reso luti on No . '..Ci_, Series of 2008 .
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• COUNCIL COMMUNICATIO N
Date: Agenda Item: Subject:
November 3, 2008 11 C i Supp lemental Approp r' .1tlo n of Funds for Lighting
Improve m ents , Concrete and El ec tri cal Repairs,
and H oliday Decorati ons fr o m th e Lands cape and
Fine Art Fund s
Initiated By:
Department of Fina nce and Adminis'.rative Serv ices
I Staff So urce:
Frank Gryglewicz, Director
COUNCIL GOAL AND PREVIOUS COUNCIL ACTION
Th e City Cou nci l has discussed thi s issue at Study Sessions on February 11 and Apri l 14, 2008. At
the Bu dget Ret reat held on September 20, 2008, City Coun cil directed staff t o prepare a
'"Pi>icrn~~!al appropriatio n of $69,000 for lighting improvements (g lobes), electrica l and concre te
repairs and holiday dc·c orations. City Council discussed this resolution and decided to continue it
to th e N ovem ber 3, 2008 m ee ting.
• RECOMMENDED ACTION
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Staff recommends City Council approve th e attached supp leme ntal reso lution appropriating
$69,000 from the Landscape a,,c, cine Arts Fund for lighting improve ments and hol iday decorati ons.
BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED
Th e Lands cape and Fine Arts Fund was crea ted to account for funds collected from property
owners in li eu of providing landscaping as required by Ordinance 2, Series of 1984. The funds
accumu lated can be used fo r "beaut ificati on of the publi c areas as determined by th e legislati ve
body."
Th e funds w ill be used for, $12,000 for h oliday li ghting (contractor-provided), $12,00 0 for elec trical
and concrete repairs and $4S,000 fo r globe replace men ts on Br oa dway. Th e South Engl ewood
Broad way Business Improvement Distri ct w ill support th e project by providing up to $6,000 in
funding .