Loading...
HomeMy WebLinkAbout2003 Resolution No. 049• RESO LUTI ON NO . J/1 SE lll ES OF 2003 A RESO LUTIO 1 FO R TH E SUPPL EMEN TAL APPRO PlllA TION OF FUN DS FO R AR TS IN PUBLI C PL A ES . WHEREAS. the City of Eng lewood prov ide s various pieces of a,\ fo r the publi c thro ugh i1s "An in Pub lic Pluccs" program : and WH EREAS . this ac ti II mee ts the req uire ments to uppropriute one perce nt of th e Ca pit al Projects Fu nd fo r "Art in Pub lic Places": and WH EREAS. the Ci ty of Engle wood is required by City Chart er to ensure that cert ain appropri ati ons ure not made with out proper auth ori zatio n by City Co un cil ; and WH EREA S, th e City Manage r re co mm ends the transfer and th e Directo r of Finan ce and Adm ini strative Services ce rtifie s th at th ere is a cash surplu s suffi cient to me et the appropria tio~. NO W. TH EREFORE. BE IT RESOL VED BY THE CITY COUN CIL OF THE CITY OF ENG LEWOO D. CO LORAD O. TH AT: Secti on I . Th ,: Ci ty Co uncil of the City of En glewood . Co lorado. hereby app ro ves the fo ll owin g appropri ati on: CAPITAL PROJECTS FUND Source of Funds : Unresc rv ed/U nd es ignated Fund Balan ce Use of rund,: Art in Public Pl aces (One Perc ent for Art s) $9.23 0 $9 ,23 0 Sec ti on 2. Th e City Man ager and th e Director of Finance and Admini strati ve Se rvices an: hereby auth orized to mak e th e abo ve chan ges to th e bud ge t. ADOPTED at a spe cial meeting of City Coun cil on th e 9th day of Jun e, 200 3. I, Loucri shi a A. Elli s. City Clerk for th e Ci ty of Engl ood, Col orad o, hereby cert ify th at th e foregoing is a tru e cop y of Reso lution No. ri es of 2003 . COUNCIL COMMUNICATION Date Agenda Item Subject Jun e 9, 2003 !O c i Suppleme ntal App ropriation to the City of Englewood 2003 Budget for Art in Public Pla ces (One Percent for the Arts\ Initiated By I Staff Source Deoartm ent of Finan c e and Administrative Serv ices Frank GrvRl ew icz, Director COUNCIL GOAL AND PREVIOUS COUNCIL ACTION The Council approved the 2003 Budget and Appropriation on final reading November 4, ~ 02. RECOMMENDED ACTION • Staff recommends City Council approve the attached resolution for a supplemental appropriation of one-• perce nt of the ,mount budgeted in the Capital Projects Fund for Art in Public Places . Th e sources and uses of the funds are : CAPITAL PROJECTS FUND source of Funds ; Unreserved/Undesignated Fund Balance use 0t Funds: Art in Public Places (One-Percent For Arts) $9,230 $9,230 The City of Englewood is required by City Charter to ensur~ that expenditures are not made without proper appropriation by City Council. The attached resolution appropriates funds to ensu re that the City of Englewood complies with legal restrictions governing local budgeting. FINANCIAL IMPACT Th ese supplemental , :,propriations will reduce th e Cap ital Projects Fund unreserved fund balance by $9,230. LIST OF ATTACHMENTS Propos ed re so lution •