HomeMy WebLinkAbout1984 Resolution No. 006I
I
RESOLU1'ION NO, ..{Q___
Series of 1984
A RESOLUTION AMENDING THE PUBLIC IMPROVEMENT FUND.
WHEREAS, the City Council of the City of Englewood,
Colorado , desires to ma ke certain chan<)es within the Public
Improvement Fund;
NOW , TH EREFO RE , BE IT RESOLVED, by th e Ci ty Council
of the Ci ty of Eng lewood , Colorado, as follows:
19 84 .
A'r'rEST :
Section 1.
Th e fo llowi n g estimated revenues and appropriations
of funds are here by made in the Public Improve ment
Fund :
Source of Fu nds
Ara pahoe County Roa d and Bridge
Fund Balance $ 21 ,652
100 ,000
$121,652 To ta l
App lication o f Funds
i;,1 ttle Dry c~oek
ll ~b a t1 Re11e .. al ""tl.etity
Housing Re ha b ilitation
Road c1 nd Or idge
'0tal
Section 2 .
$(1,888,860)
rzojects l,866,000
1 00,000
2 1,652
-$-~
The City Manager a nd Director of Finance are he reby
au thori zed to make th e above changes t o the 1984
budget of the Ci ty of Englewood.
/\DOl'TEU /\ND /\PPHOVED t his t) cA day oLJ~,
-2-
I, Gary R, Higbee, ex of f icio City Clerk-Treasurer
of the City of Engle1,ood , Colorado, do here by ceL·tify that
the above and foregoi ng is a true, accura te and complete
c opy of Resolution No. -L• Series of 19 84 .
-
SIX QJAATER BUDCET ~
October , 19B l t h rough March, 1985
ES T EXP PROJ 1ST "'" )RD 4Tff TOTAL 15" 2ND
PR!lJ APPRO BAL 1W. Ql'R l1!'R Ql'R 11'1" APPRO Ql'R Ql'R
COST !:.'!!E.:.. !:!.:E..:. !.W.!L.!l 22!! Jlli .!!!.4_ .!!!! .ill.! .!!!1 .ill!
1. St.or.:. orain•';l11 General 41 5,000 $ 414,4 2 1 $ 407,889 $ 6,532 S 0 $ 0 $ 0 $ 0 $ $ 0 ,. Litt.l e Dry Creek 6,300,000 1 ,757 ,413 1 ,329, 75) 427,660 1 50,000 500,000 245,00 0 0 1 ,os,000 540,000
). Dovntovn Draina9e ,
T=a !tic 1:11;:-o v!:!:a en t a 180,000 150,000 20,599 1 29,.;01 .. Downt own Plan 50,000 48,867 48 ,703 164
s. Traffic 1.1Li,1roveHnts 135,0-00 135,000 1 ,816 13), 184 .. Litt le Ory Creek I:ngrg. 1 ,016,Cli,.lO 79 6,1 50 79 3 ,;54 2 ,696 0 ,. Paving Dhtrlct No. 29 2 0 0 ,0 CIJ 200 ,000 200,000 0 0 .. Read and Bridge 6 25,0 00 297 ,590 248,482 49 ,108 21,652 28 5,000 306,652 0
9. S.lleview Pu:lp Kouse 8 5,0Q\) 85,000 81,373 3,627 0 0 0 0 ,o. R.i,•e r Oeve l opaent Phase IJ 721 ,300 39 5,8 50 356,923 38,927 0 0 0 0
11. River De velopment Pha s e III 1 ,1 00,000 , , 100,9 86 1,08 9,405 11 ,581 0 0
"· Side1o-al.Jc. Repair 80 ,000 30,000 61 ,410 (31,410 ) so ,oob 50 ,000 0
1). Pistol Range )2,000 30,000 4 29,996 0 0 0 0 0
14. Senior Center Puking Lot 12 48,00 0 48,000 47 ,6 07 19 3 0 0 0 0
15. We.al Con trol Shelter 3),000 ?J ,000 30 ,268 2,732 0
16. t.'W Fence Reloca tion 2,00 0 2,000 0 2,000 0 0
17. Boe.sing Rehabilitation 200,000 100 ,000 100 ,00 0 100 ,000 0 100,000 0
18. Dovntovn oev,lopcient 1.u thorit.y 100,000 75 ,000 58 ,60) 16,39 7 0 0 0
19 . Co~unity Center Phase I 4 ,743 ,000 4,651,000 4,132,076 518,924 12 ,000 0 12,000
,o. Brid,e Repair 60 ,000 60,000 0 60,000 0 0
21. !DOA \oialkt.hr u -we■t side 110 ,000 115 ,000 66 ,675 28 ,)25 0
22 . Dovntovn Desi,n CUideline1 19,000 19,000 19,000 0
"· orban Rene w-al Aut.h. Projec ts 1 ,035 ,000 1,035 ,000 635,000 200,000
"· Fire Trai ning Facility J,000 2,500 2 ,500 0 0
25. Clay Street Dr&..ina ge 3,500 3,400 0 3,400 0 , .. P\lture Paving Districts 7,000 6 ,000 ,, 127 4 ,873 0
27 . Litt l e Dry Creek-Detn . Pond 1,846,000 1 ,845,6•4 1,748 ,61 6 96,998 0 , .. Kalley Parking Lot t 3 263,000 263,000 149,593 113 ,40 7 0 0
29. Bouse I-loving P::ogram 104,7 50 104,750 65,510 39,2,;o 0 0
)0. Broat1o·-,y De siqn Program 100,0 00 100,000 10,637 89,363 0 0
)1. Gre en.,,·a y De Je l o p/Pla tte River 50 ,00 0 50,000 so,o oo 0 0
"· EURA Ad ~in. Et:C get ,,, ,899 0 111,899 0 ,, 1,899 0
23 . Ea :-:;.!,-. '!'£:-:':a re !.f.ndsca ping 100 ,0 00 0 0 0 100 ,000 100,000
H. -··-. 17,500 15,51< (15,514) 0 0 0
400,000 0 0 0 0 400,000 --------------------------------·----·------------
$2 0,30 5,949 $13 ,954,541$11,69 2, 737 ~1,7i>1,8Q 4 S 995 ,551 E?S,00 0 $ 345,000 $ 0 S2, 11 5 .~!· ss,o,oco s.;;oo,c::::: --·-······ ----······ -········ ········--------·· --··-·· ......... . ..... ., ....
COUNCIL
DAT E February l, 19 84
C O M M U N I C A T I O N
AGENDA ITEM
8 (a)
SUBJECT
INITIATED BY Ci ty Mana er
SI X-QUARTE R BUDGE'r
JI\N,, 190 ~ TIIROUGII JUNJ-:, 1'111
A TI ON PROPOSED Co nsideration of adopt ing a resolution fo r the Six-Quarte r
Budget January , 9Bt1 throuqh June 1 1985
BACKGROUND
The Public Improveme nt Fund (PI F ) Six-Quar ter Budget proceus was ado p t e d i n the
summer of 1973. The essence of the Six-Quarter Bu dget i s that the City has a
conti nuing budget which e x tends one -and -one-ha lf years i nto the futur e . Every
q_JD.r ter , the Ci ty Cou nc il revi ews and analy zes t his budget , and if projects a r e
d el a yed d ue t o unavoidublc c ircunistances, t hey arc dropped b,t c k in th is budge t,
·,:h ile projects ready to go are mo ved forward . The rrost curre nt r e venue forecasts
a re used , und i f nddiL1onal funds hecomc .::ivn ilubl c , !i(1C\.:i rl c pro jcctH c.:o uld be
rnovec.l fo rwa rd a nd c ompleted ahead of schedule or a new o r omorgen c y project could
be added ,
1963 YE/\R-END ADJU STME!1TS
\i.1ewalk Repa i rs sho• ... •e· a S3 1 ,500 defi c it in 1 983 ; and , according to our finance
procedures , we cannot have a ya a r-c nd defic i t . Th.i f> sitwH i.on was created by :
lJ HTIJ did not r-<:imhu rsc us the S27 ,500 before the end of t he year for t he
repai rs we did :or them; 2) More concrete needed to be removed a l ong South
Br oadway prior t o r otornilli r,g than anticipated ; t he r efore, $4 ,000 will be needed
:ram the PIF b lance . The $4 ,000 wi ll be paid b ack to the City through the
assessment p r ogram . II s epa r ate re so lution is attached fo r this item a nd snow
plow s lis t e d below .
Snow plows were t.o be purchased per Counc il dir ec tion i n 1983 fo r a maximum of
S2 4 ,000 for f our plows . Ac tual purchase is expec t ed to be o nl y $17,500 , whi cn
._,nll comp from t...,_e ?IF' ba lanc e .
l 984 CHANGES
Ro ad & Bridge project, which is the annJal ~'-j:\he,lt ove rlay and 1;;calcoat program
to maintain our street s , was increased by $2 1.•~S2 in the fi r st quar te,:. These
funds are available due to revised fi gu res from Arapahoe County. The 1984 budget
anticipated $140,000 from the County; the County has now determined our 1984 s hare
t o be S161,652 ,
Housing Rehabilitation program r ece ivcid $100,000 from the PIF balance in the first
quarte r to pay administrative costs if the ne w block g r ant i s approved.
,•-V Renewal Aut t s i s the ace urff:eo fund the p ubl)o irnp~vemen~rf'
.· j\ owntwon Re_,Je . $1,80 00 was ppropriate;I A,.rom the itt),e Ory
1).\-t.. ccounY,wh r ese a 1983 ca ry-over of''$305 ,000, us the
\ \ 04 budg et , / /
1985 CHA NGES ,,
l--iUrb.an Re newal Au thcirit r o ·ects received $540 , 00 from Litt:~Or Creek in the'\
1}-, 1116--i.!.r st qua rt_;>A0 con tin e to make .nee'ded p ubl · c imprJ veme nts in he Downtown
1
• ~f.,1 F.~pm ~nt plan. ..-·· _ ... /
?aving District No. 30 is the first yeur of the ten -ycur p.:w i.ng di stri ct p roq r nm
to imp rove a l l remaining s treets in .Englewood to meet the City 's standards . $400 ,000
is a ppr opri a ted in the s econd qua rter in acco rdance with the adopted 5-yea r p lan .
?Ir halanc c as of Deccmhcl' 31 , 1903:
Less pool c over f or Community Center ( fr om
lotte ry fund revenue s)
Less EU M Admin . budget
Le s s Housi ng Rehabili t ation
New PIF balance this quar ter
$Jl6 ,U99
12 ,000
lll , 8 99
100 ,00 0
$ 9 3,000
7hese Resolutions which ad just thb Public Imp rovement Fund as desc ri bed above
are a ttached f or you r considerati on .
SUGGE STED ACTION:
MO VED BY ______________ _
SECOND _______________ _
YES _______ ,NO ______ ~,BSENT _____________ _