HomeMy WebLinkAbout1997 Resolution No. 052•
RESOLUTION NO . 2_
SERIES OF 1997
A RESOJ,UTION FOR A SUPPLEMENTAL APPROPRIATION OF THE 1997 BUDGET
FOR THE CITY OF ENGLEWOOD, COLORADO .
WHEREAS , the City Council of the City of Englewood, Colorado , desires to make certain
additions to the 1997 An.,ual Budget which were not in cluded in the original 1997 Budget as
adopted on November 18, 1996;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
ENGLEWOOD, CO LORADO, THAT:
Sl:!:li.lmJ., The Ci ty of Englewood 1997 Budget is hereby amended as fo llow s:
CONSERVATION TRUST FUND :
Source of t11unds :
Fund Bal ance
! ses of Funds ·
Big Dry Creek Bike Path Proj ect
Rec re ation Center Roo f Project
Total Uses of Funds
$60,000
$40,000
52.Q.QllQ
$60 ,000
~-The City Manager and the Directo r of Financial Services are here by
authonzed to make the above changes to the 1997 Budget of the City of Englewood.
ADOPTED AND APPROVED this 5th day of May , 1997.
0
I. Louc r ishia .-\. Elli s. City Uerk fo r the City of Englewood , Colorado, hereby certify the
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Loucrishia A. ;,,Jlis
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COUNCIL COMMl,~ICATION
Date ..,.Sa Item Subject
May 5, 1997 Supplamontal appropriation of
Conservati on Trust Fund rfterves to
10 C i fund the City's portion of the Big Ory
CrHk Bike Poth and fund the
Recre■tlon Center roof nro iect
Initiated By I Staff Source
Citv ot Enalewond . Financial Services 0eoartment Frank Gryalewicz. Director
COUNCIL GOAL AND PREVIOUS COUNCIL ACTIION
The Council approved the 1997 Budget on final reading by approving Ordinance 60, Serles of 1996 on final reading
November 18, 1996 . Cc;un ci l has supported the Rec::-eation Department's efforts to provide the citizens of Englewood with a
var,ty of recreation and leisure activrties. City Council discussed the Big Ory Creek Bike Path pro ject at a study sess ion on
March 17, 1997. No funds were ~ppropnated for the Recreation Center roof pro ject in 1997 becaus,1 the project was
schedu led to be completed in 199t>, but was not ccr.nple!ed until 1997.
RECOMMENDF.ll ACTION
Staff recommends the C;ty Council approve the aUz:hed resolution appror.natlng fund s to fund the C ity's portion of the 819
Ory Creek Bike Pa th and the Recreation Cemer roof 0roJects. The orig1r,al 1997 8udget did not include these project:~.
The so urces and uses of these funds are .
CONSERVATION TRUST FUND:
Sgurce of Funds:
Fund Balance
Uses 9f Funds:
Big Ory Creek Bike Pat h ?ro1ect
Rec reation Center Roof Proiect
Tot al Uses of Funds
$60,000
$40 ,000
l?Q.QQQ s,;o,ooo
Th e City of Englewood is requ ired by City Chaner re en sure th at e>·pend , .. res do not exceed lega lly adopti!d appropriations.
T~e attached resolut ion 21ppropnates funds to ens ~ that th e City of Eng lewood com plies with legal restnction s 1overn ing
loca l budgeting . \lo other alterflatives were identJf!eQ
FINANCIAL IMPACT
Th is sup plementa l ap propnauon will red uce th e Cerservat1on Trust Fund unreserved fu nd ba lan ce by 5F.O ,OOO
LIST OF ATTACHME NTS
Propo sed resolution