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HomeMy WebLinkAbout1983 Resolution No. 058I llESOLUTlON NO, d SERIES OF 1983 II RE! OLUTION IIIIBNDING TIIB PUBLIC IMPROVDUIN'l' PUND, WHBRBIIS, the City council of the City of Inglewood, COlorado, desire ■ to make certain change ■ within the Public Ieprove ■ent Fund, NOii, THBI\BPORZ, BE IT RISOLVBD, by the City Council of the Cl ty of Englewood, Colorado, as f ollows : Section 1. IJ'he following estimated revenue s and appropriations o f f unds are hereby made in the Public I11proveunt Fund, Source of FUnda, Fund Balance 10,000 Application of Fund•, River Development Pha~e III (clubhouse) 10,000 S<!c t ion 2. The Ci ty Man agt"r and Oir·ector ,Jf Finance are he reby 'a°ui.hor ized to ma ke the abo ve c hange! to the 1~83 budget of the City of Englewood , •.1,·y11 1 ,, ,. ·1,•l!0 VED t h iw·JJ&t da y of ~~/.}'_Lff:J) ____ ., l YUJ . ,:..-•/ /l"--~fr . ~-·<[;fP .. ,.u,,,,, ....LL . .C.' __ ..,1·,-,,_ ... Eug ene Otis, Mayor I, Gary R, Higbee, ex officio City Clerk-Treasurer of the City of En g lewood, Colo r ado, do he r e by certify that the above _ a~dJoregoing is a true , accurate and complete copy of Reaolution No, ~' Series of 1983, UI I:· --00-., 1tll tanap aanll, 1115 DT. -· '"""· ... IIT 21D lllD ... ..... &PnD. ..... .... . 1111-· gn. Q'llt, Q'llt• gn. S!!L. ~ ~ llilli!.! 1!!! .!!!! ~ !!!! .!!!! ,. Stora Drdfte99 Generel t 415,000 t 414,"21 t 407,llt f 6,532 f D, o I 0 f O I 2. Little Dry Crlld ,,soo,ooo 1,ts1,,u ,,,os,112 as1,10, '47,902 1so,ooo 3. Downtown DraiMte, Traffic 1-prowaents ,. Doftt-wn flu s. Traffic 1111pro ... nu ,. Little Dry er.et an,rv. 7. hrinq Dietdct. Ito. 2' •• ~ and _1.,. '• lellHiW '-P llouH 10. ti'IIU' o. .. i.o,..nt. l'h,a., II 11. ti .. r ~t. l'h,a., III 12. a1-.u a.pair I 3. '1.at.ol ..,.,. 14. lnior Cent.er Put.1119 Lot 12 15. Im.Ml Cmtrol lbeltar 11. • Puce .. location 17. -ing ~UtaUoa 11. Dl:Mftt.own Dnalo,-nt Authority 1t. a-unity Omt:er l'MN I ...... .,.._. 21. SIDA .. ltthn-..t. aida 220 DclWDtown Daaip GuideliDH 2s. 0rti,u .... 1 Autborit:J H. Pin TraiA1119 hcility 2S. Clay ltreet DniM9& •• Platun hri .. Diatricts 27. IJ.tt.l• Dry cr.k-O.t.n. Jmd 21. *11.ay PutlWJ Lot ll 110,000 50,000 135,000 1,016,000 200,000 515,000 15,000 721,)00 1,100,000 10,000 ]2,000 a,ooo )],000 2,000 200,000 100,000 4,743,000 60,000 120,000 19,000 835,000 J,000 ],500 7,000 , .... ooo 263,000 150,000 ..• , 1SS,DDO 7H,150 ,00,000 217,MO IS,000 Jt5,l50 1,ota,N6 l0,000 l0,000 ··-ll,000 2,000 100,000 75,000 C,651,000 60,000 115,000 11,000 1]5,000 2,500 , ..... ,,ooo ,,..,,,,,. 2'],000 10,NS 13',0lS 8,70) , .. 1,116 ,,,,, ... 0 7'),Url 2,MI 0 0 200,000 0 0 ,ot,65) ,.,,, ... 0 0 11,sn J,'27 0 0 l56,t2l ,a,121 0 1,091,222 123'1 10,000 0 207 21, ,,, 0 0 • 29,-0 0 C7,I07 .. , 0 30, ... 2,751 0 0 0 2,000 0 0 0 100,000 0 • 51,60] ,,,,., 0 711,117 l,1169,NJ 12,000 0 60,000 0 0 IC!i,'75 a,125 0 ,,,ooo 0 0 0 8]5,000 0 0 2,500 0 0 0 0 , ..... 0 0 1,127 4,171 0 ,., ... ,,, 97,000 0 ,,,,112 ,,,,,,. 0 29 • .,_. MDYi.119 ProfJru o 10fi,7SO IOfi,750 68,246 .. ,..,. 0 JO. Broadw.y DNi,n ProfrU 0 100,000 100,000 1,249 N,751 0 31. Gr-Nnwy Dl"lop/Platt:e tiwr Q 50,000 50,000 50,000 0 0 32. IDIA 111,IM 111,899 0 0 0 0 33. llupd,an/5.anta h l.andacapi09 ti ,00,000 0 0 0 500,000 241,000 0 0 0 0 215,000 0 0 0 50,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 100,000 CIWID "'1l'AL $17,800,490 tll,"41 5,41 '7,867,290 f61 0'77,251 $ 457,902 t 871,899 $ 835,000 $ 145,000 S 0 0 0 0 0 0 0 0 0 ..,. ... IIT APno, gn . !!!! .!!!! ' 0' 0 1,415,000 5'0,CJOO 0 215,000 0 50,000 0 12,000 0 0 111,191 100,000 • • 0 0 0 0 0 0 0 O $2.053,199 $S4O ,00O C O U N C I L C O M M U N I CAT I 0 N DATE 19831 AGENDA ITEM I SUBJECT SIX-QUARTER BUDGET Novelnber 16, ~ d. OCT,, 1983 TIIROUGH MARCH, 1985 INITIATED BY _ili.v u------ ACTION PROPOSED Consideration of ado12tin5 a resolution f o r tb£ 2ill:2Yilli:tli:[ Bud9:et -October 1 1983 through Marcb 1 1985 BACKGROUND: The Public Iq>rovement Fund (PIF) Six-Quarter Budget process was adopted in the summer of 197 3. The essence of the Six-Quarter Budget is that the City has a continuing budget which e xtends one-and-one-half years into the future. Every quar1:er, the City Council reviews and analyzes this budget, and if projects are dela~'?d due to unavoidable. circumstances , they are dropped back in this budget, while projects ready to go are moved forward. The most current revenue forecasts are u,.ed, and if additional funds become avai lable, specific proj e cts could be moved forward and completed ahead of schedule or a new or emergency prt'jec t could be added. 1983 CHANGES 1 River Development Phase III is the clubhouse project at the golf courae . s10,ooq was added in the 4th quarter to impr~ve the acoustics and the micr~phone sys!;~m .in·· ~he meeting roomi., These fw,ds are available in the PIF balance. .. 1984 CHANGES , Communit;x: Center Phase I increased $12,000 in the first quarter to recognize that amount transferred from the lottery monies to purchase a solar cover for the swimming pool. This item was included in the overall bid of the project, En51l ewood Urban Renewal Authorit;i: account. r eceived $111,899 in the first quarter to fund their 1984 operating budget . These monies are available in the PIF balance, Sidewalk Repair project was fw,ded $50,000 in the 2nd quarter in accordance with the 1984 budget. Thia project repairs dete riorated concrete that is hazardous to pedea- t r ians o r i s causing drainage problems. Property owners are aaaea ■ed through their county taxes for repayment the year following the repairs. I I -2- Little Dry Creek project received $245,000 in the 3rd quarter to pay for land acqui- aition, eaaeunta, and conatruction of Little Dry creak from Clarkaon to Girard. Thia 111110unt conforu to the 1984 budget. Hampden/Santa Fe Landscaping project racai ved $100,000 in the 3rd quarter to install an irrigation system and landacaping at that location. Thia work will be done in conjunction with the Colorado Departllent of Highways' i111Provementa of the inter- change, and conforms with the 1984 budget. · 1985 CHANGES: Litt.le Dry Creek was allocated $540,000 to continue improvements parallel with the Downtown Redevelopment Project. This asnount is based on the 5-year plan as pro- posed in the 1984 budget. PIF Balance is $257,441. As of Sept. 30, 1983 Less River Development Phase III Less EURA Remaining Balance RECOMMENDATIONS: $379,340 -10,000 -lll,899 $257,441 The Resolution which adjusts the l'IF aa daacribed above is attached for your consideration. SUGGESTED ACTION: MOVED BY ______________ _ SECOND ______________ _ YES ______ ,.Nl,0 ______ .,. ... BSENT ____________ _