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HomeMy WebLinkAbout2003 Resolution No. 002• • • RESOLUT ION NO . A SERIES OF 200 3 -- /1 RESOLUTION FOR SUPPLEM ENT/IL /I PPR Ol'R I/ITIONS FOR THE CU LT URAL ARTS CENTER RESEARCH PR OJECT. WHEREAS , the Cit y Co unci l of1he Cit y of Engle wood, olornd o, approved fund s fo r 1hc Cultu ral Art s Co m11i ssio n whic h were budgc1c c.l in 20 02; and WHEREAS, th e funds budge ted for 2002 were 1101 ex pende d; and WHEREAS , fu nds fo r 1he Ci:ltural An s ente r Re search proj ect were 1101 budgeted or ap prop ri ated as a pan of th e 2003 Budget and Appropri ati ons Ord inance s; and WHEREAS , the fund s no t ex pended in 2002 fo r th e Cu ltura l /I ns Ce nter I' esen rch will be expe nded in 2003 . NOW, THEREFORE , BE IT RESOLVE D BY TH E CIT Y COUNC IL OF THE CITY OF ENG LEWOO D, COLORA DO , THAT : Section I. Th e 2003 Budget I ,r th e Cit y of Eng lewood , Co lora do , is hereby amended as fo ll ows : GENE RAL FUND Source of Fund s: Unrcservcd/Unde signa1ed Fund Bu lanc c Use o;Fund s: Cultural Art s Commission Cultural Arts Cen ter Project S28 ,900 S28,900 Section 2. The City Manage r and the Director of Fi nancial Services are hereby aut horized to make the above changes to th e 2003 Budge t of th e City of Eng lewood . ADOPTED AND AP PROVE D thi s 6" day of Janu ary , 2003 . ~di:~ COUNC IL COMMUN ICAT ION Date Agenda Item Sub jecl January 6, 2003 10 C ii Supp lem en tal Appropriati on 10 lh City of Eng lewood 2003 Budget for th e Cultural Arts Com mi ssion In itiated By I Slaff So urce Department of Fin ance and Administrati ve Se rvi c es Fra nk Grvgl ewicz, D irector COUNC IL GOAL AND PREVIOU S COUNCIL ACTION Th e Council approved th e 2003 Bud ge t and Appropria ti on o n final rea ding N ovember t S, 2002. RECOMMENDED ACTION Staff recommends Ci ty Council approve th e atta ch ed reso luti on for a supplemental appropriation for th e Cult ura l Arts Commissio n. Th e attac hed supplemental appropriation requ es ts th e funds b udgeted in 2002 fo r ex p enditures related to resea rching a new cultural arts ce nter tha t were not expended b e app ro priated in 2003. Th e so urce s and us es of the funds are : GENERAL FUND Source of Funds: Unreserved/Undesignated Fu n d Balance Use of Fun ds: Cultural A rts Com111 iss ion Cultural Arts Ce nter Pro ject $28,900 $28,900 Th e City of Englewood is requ ired by City Chart er to ensure th at ex penditures are not 111ade wit hou t proper ap prop riati on by Ci ty Council. The att ached resolution appropriates funds to ensure tha t th e Ci ty of Engl ewood co mplies w ith lega l restrictions governin g loca l budge ting. FIN ANC IAL IMP ACT Th ese supplemen tal appropriations w ill redu ce General Fund unreserved fund balance by $28,900. LI ST OF ATTAC HMF.NTS Pro posed reso lution • • •