HomeMy WebLinkAbout1998 Resolution No. 080• RESOL UTION NO .~
SERIES OF l 998
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A Rl!SOLUTIO N APPROPRIATING FUNDS FROM THE 1998 BUOOEll' FOR THE
DE!,IGN OF BROADWAY WIDENING AND MEDIANS PROJECT.
WHEREAS, t.he City Council of the City of Englewood , Colorado approved the City of
Englewood 's 1998 Bud11ot on October 20 . 1997 ; and
WHEREAS, the passage nf this Resolution will appropriate th• fundir needed for t.he
Ci ty's portion of an Intergovernm ental Contract which the Engl•llft>l'd C-i:ry Council
a uthorized by t.he passage of C.B. 32, Series 1998 pertaining to the ,lr~ of Broadway
wid ening a nd medians proj ect;
NOW , THEREFORE . BE IT RESOLVED BY THE CITY COL'NCIL OF,l'HE CITY OF
ENGLEWOO D, CO LORADO. THAT:
~. Th e City of Englewood 1998 Budget is hereby amended as fi:filows :
PUBLIC IMPROVEMENT FUND :
Source of Fund s:
Unreserved/Undesignated Fund Balance $66,000
Uses of Funds ·
Broadway Widening and Median Design $<13(;,000
~. The Ci ty ylanager and the Director of Financial Semces llr1! he reby a uthorized
to make the a bove changes to the I 998 Budget of the City of Englewood.
ADOPTED 1\1''10 APf-RO'/ED this 6"' of July, 1998 .
I. Lo ucrishi a A. Elli s. Ci ty Clerk foE;J..h e City of Englewood , Co
above 1s a ·ru e ropy of Resolution No t!L, Seri es of 199 8.
here by ce rtify the
Lou cnsiua A. Ell is
COUNCIL COMMUNICATION
Date Agend■lt■m Subject Supplemental
appropriation for the Public
Improvement Fund (PIF) for the
design of Broadway widening
July 6 , 1998 10c i and media ns
l'nitl ■ted By I Staff Source
Department of Financial Services Frank Gryglewicz , Director
COUNCIL GOAL AND PREVIOUS COUNCIL ACTION
City Council has expressed an inte:est in improving the appearance and operations on South
Brcadway . City Counc il has long had a goal of leveraging its resources with other governmental
agenci es . This supplemental appropriat ion helps achieve both those goals . City Council is scheduled
to 8JIProve on first reading an Intergovernmental Agreement with the Colorado Department of
Tramisporta ti on to design the Broadway widening and med ians.
RECOMMENDED ACTION
Sta ,ecomme nds City Counci l approve the attached res ol ution appropriati ng PIF fund s for th e City of
Eng!ewood's po rtion of thi s pro ject.
The sources and uses of these fund s are:
SOU RCE OF FUND S:
Public Improvemen t Fu ne :
Unrese ived/Undesigna:ed Fund Balance $66,000
USE OF FUNDS :
Bro adway Widen ing and Medi an Design $66 ,000
ANANCIAL IMPACT
Th is S1Jpp lement al appropriation will recJu~e Public Improvement Fund's un reserved/unde si gnated fund
balana, hy S6 6,C.00 .
UST OF ATTACHMENTS
F·op0$9d re.solution
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