HomeMy WebLinkAbout1994 Resolution No. 078•
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RBSOL\mON NO . :fl
SZRIBS or lll!M
A RBSOL\mON AMENDING THE APPROVED 1994 BUDGET AND APPROPRIATING
MONIES FOR THE CITY OF ENGLEWOOD, COLORADO .
WHEREAS, the City Council of the City o( Enp,wood, Colorado, dt1ire1 to make certain
chance• to the 1994 Annual Budpt; and
WHEREAS, tho Enclewood City Council authorised the purchuo o( the Rivenide
Clubho1Ue with the puup of Ordinance No. 3?, Seri• of 1994; and
WHEREAS, no funda wen appn,prialed for thi1 unanticipated pan:haN in the 1994
Budget; and
WHEREAS, appn>priation for the moniea beine moved from the Golf Coune Reaerve
Fund to the Got•Coune Operetion1 Fund is requeated;
NOW , THEREFORE , BE IT RESOLVED DY THE CITY COUNCIL OF THE CITY OF
ENGLEWOOD , COLORADO, THAT :
&s:limLl. The City o( Englewood 1994 Budcet i1 hereby amended u follo ws:
GOLF COURSE RESERVE FUND
Souo:c eC Fuoda ·
Golf Coune Reaerve Fund P..etained Earnings $39,(XXI
u .. pf Funds :
Golf Coune Operations Fund $39,(XXI
Purdlue of Rivenide Clubhouse
~-The City Manager and the Director of Financial Services are her~by
authoriZ<;d to make the above change to the 1994 Budcet of the City o( ~•wood.
~d.r.tl
Loucrishi• A. Ellis, City Clerk
! , ! oucriehia A. Ellis, City Cl erk fobth• City of En~•, Colorado, hereby certify
the above is a true copy of Resolution No . ..:.a_, Series of 1 . -. /( f,f ff
r /vdt~~ cl, @
Loucriahia A. Elli•
October 17, 1994
INITIATED BY
STAFF SOURCE
COUNCIL GOAL
COUNCIL COMMUNICATION
Aaenda Item
11 g
Subject Golf Course Supplemental
Appropriation for Purchase of the
of the Clubhouse Bldg. of
Riverside Miniature Golf Course
Depanment of Fir,,ancial Servio3
Frank Gryglew · ... , ::Ji rector of Financial Services
NIA
ISSUE/ACTION PROPOS' )
Staff requests Council's approval of a resolut ion appropriating funds from retained earnings of the •
Golf Course . These funds , 539,000 are to be used for the purchase of the clubhouse building of
Riverside Miniature Golf Course.
PREVIOUS COUNCIL ACTION
Council approved the purchase of this property by Ordinance 30, Series of 1994. The ordinance
was published by title on June 23, 1994.
BACKGROUND
~o funds were appropriated for this unanticipated purchase in the 1994 Budget.
STAFF ANALYSIS
Staff requests the appropriation in accordance with established budgeting procedures.
AN NCIAL IMPACT
The retained earnings of the Golf Course fund will be reduced by $39,000.
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