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HomeMy WebLinkAbout1992 Resolution No. 073RESOLUTION NO. ~ SERIES OF 1992 A RESOLUTION AMENDL~G THE APPROVED 1992 BUDGET AND APPROPRIATING MONIES FOR THE CITY OF ENGLEWOOD. WHEREAS, the City Council of the City of Englewood, Colorado, desires to make certain changes to the 1992 Annual Budget by appropriating $35,000 to be used for the School Safet:• !1J>8ed zones; and WHEREAS, the Englewood SchooVCity Safety Committee has recommended that signs and signal flashers be installed at various school crossings; and WHEREAS, there is a nu:id for the School Safety speed zones to be equipped with flashing traffic signals; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, THAT: ~-The City of Englewood 1992 Budget is hereby amended as follows: Source of Funds PIF Fund Balance Use of Funds PIF School Safety Project $35,000 $35,000 ADOPl'ED AND APPROVED this 6th day of July, 1992. ATTEST: @~di~ Patricia H. Crow, City Clerk I, Patricia H . Crow, City Clerk for the City ofEnglewMd, Colorado, here by certify the above is a true copy of Resolution No .~. Series of 1992. ~~(1,J' P a tricia H. Crow Date July 6, 1992 INl'l1ATED BY ST.\FF SOURCE COUNCD, COrtil'roNJCA110N A&enda Item 11 C Subject Supplemental Appropriations - School Safety Projects Department of Public Works Charles Esterly, Director of Public Works ISSUE/ AC'I10N PROPOSED Staff reco=ends that City Council approve the attached resolution amending the 1992 Annual Budget and appropriating funds from the Public Improvement Fund fund balance. PREVIOUS cotmcn. ACTION November 18, 1991 : February 18 , 1992: Apr1120, 1992 : STAFF ANALYSIS Council adopted 1992 Annual Budget on final reading. Council amended 1992 Annual Budget by resolution. Council amendt"d 1992 Annual Budget by resolution. The School/qty safety com,ntttee, which ts comprised of representatlves of the City of Englewood and the Englewood Public Schools, has reco=ended that signs and signal flashers be Installed at various school crosstngs throughout the City. 1n order to Implement this recommendation this year, additional approprtations are needed to fund the project In the Public Improvement Fund. FINANCIAL The cost of the project Is estimated to be $35 ,000. This year's beglnnJng unapproprtated fund balance for the P.l.F. fund was $811,043.