HomeMy WebLinkAbout2006 Resolution No. 044•
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RESOLUTION NO.~
SERIES OF 2006
A RESOLUTION APPROVING A SUPPLEME1'1T AL APPROPP.J ATION AND TRANSFER
OF FUNDS TO THE 2006 BUDGET FOR CRO!:sw ALK IMPROVEMENTS AT THE
MALLEY CENTER .
WHEREAS, the City of Englewood is required by City Chane, to ensure that expenditures do
not exceed legally adopted appropriations ; and
WHEREAS, !h t: transfer from the General Fund will panially f·Jnd the Malley Center
crosswalk improvements; and
WHEREAS, the supplemental appropriation from the Malley Center Tru st Fund will fund the
remainder of the crosswalk impro vements;
NOW, THEREFORE , BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ENGLEWOOD, COLORADO , AS FOLLOWS :
~-The Budget for the City of Englewood, Colorado, is hereby amended for the year
ending 2006, as follows :
GENERAL FUND:
SOURCE OF FUNDS:
Unreserved/Undesignated Fund Balance
USE OF FUNDS:
Transfer out to Malley Center Trust Fund
(Crosswalk lmprovements j
MALLEY CENTER TRUST FUND:
SOURCE OF FUNDS:
Unreserved!Undesign•ted Fund Balance
Transfers In r,om Ger,eral Fund
USE OF FUNDS
Crosswalk Improvements
$13,500
$13 ,5 00
$11 ,00U
$13,500
$24 ,500
~ The City Manaaer and the Director of Finance and Administrat ive Services are
hereby authorized to make the r.',ove chanaes to the 2006 Budaet for the City ofEnaiewood .
ADOPTED AND APPROVED this 1st of May, 2006 .
I, Loucrish ia A. Elli s, City Clerk for. t\19 pry of Englewood ,
above is a true copy of Resolution No . :tr_, Series of2
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COUNCIL COMMUNICATION
Date : Agenda Item: Subject :
May I. 2006 9 Ci Supplemental Appropriation and Transfe r
oi Funds for Crosswalk Improvements at th e
Malley Cen ter
Initiated By: Staff Source :
Department of Finance and Adminis tr ativ~ Frank Grygicwicz,
Servi ces Director oi Fil1dn ce and Administrati ve Services
COUNCIL GOAL AND PREVIOUS COUNCIL ACTION
City Council discussed thi s issue at the April 10, 2006 Stud y Session and expressed an int eres t in
iunding a portion of this projec t from the Gener,11 Fund.
BACKGROUND, ANALYSIS, AND ALTERNATIVES IDENTIFIED
A number of Malley Center members and cltizens have voiced concerns over th e safety of
accessing th e Malle y Center. Th e Trust Fund Committee took on the task oi research in g various
options to make crossing safer . At a Tru st Fund Committee mee ting held October 6, 2004, th e
Committee began working with the Public Works Department on crossing improv ements. It was
determined that the safest crossi ng p?i nt was at Girard and Lincoln , but this was rejected because
of distance of travel requir ed. Other crossing points and the pos sibility of creati ng a cul-de-sac were
discussed.
An alterna ti ve proposal was discussed on O ctober 19, 2005. Th e prop osa l included narr m"'c.g
Lincoln and placing pedestrian activated crossing lights similar lo th ose loca ted al Ci vic Center. Th e
estima ted cost of this proposal was $20,000.
The proposal was discussed at a meeting of the Trust Fund Committee on January 25, 2006. The
proposal's cost. as presented, was $23 ,6 00 but did not include an estimated $1,000 for
landscaping. The Malley Center Trust Fund Committee reque sted City Council support this project
by funding $12,600, but staff recommends the amou nt be S 13,500 to cove r possible overages an d
unknowns . Th e Malley Center Trust Fund aut horiz ed sp ending an addi ti ona l $11 ,000 to complete
this necessary project.
RECOMMENDED ACTION
Staff recommends City Coun ci l approve the attached Resoluti on for a supplemental appropriation
of Malley Center Trust funds and a transfer of funds from the General Fund for Malley Center
crosswalk improvements .
GENERAL FUND:
~-:-URa Of FUNDS:
Unre.,rved/Undeslsnated Fund Balance
USE OF FUNDS:
Transfer Out to Malley Cent er Trust Fund (Cro sswalk Improvements )
MAlliY CENnR TRUST FUND:
SOURCE OF FUNDS :
Unreserved/Unde sl gnated Fund Balance
Tran sfers In From General Fund
USE OF FUNDS:
Crosswalk l:-i1prove ments
FINANCIAL IMPACT
S13 ,500
SIJ,500
Stl.000
SIJ,500
S24,SOO
This appropriation will reduce the General Fund 's unre se rve d/undesignated fund balance by
St 3,500 and the Malley Center Trust Fund 's unreserved/undesignaled fund balance by $ t 1,000.
LIST OF ATTACHMENTS
Resolution
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