HomeMy WebLinkAbout1975 Resolution No. 068•
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RESOLUT!ON NO. ~8 , S[RIES 197~
~f)OLUTIO N AP"ROJlRl/\i ING MONTES IN THE PUBL1C. IMPEOV ~t·'L ";; f"U Nr
'tiE REAS, the Voters of Englewood approved a General Obli g .1t i i '' ::~'·11:
•,P in the amount of S2 ,225 ,000 on December 23, 1975, for t he r11rp n ~P o f
r •rur.ting Housin~ for the Elderly.
!ff P.l:.AS, the City Council of the City of Enolewood. Colora do. i s
··!\l rou s in providinq Housing for the Elderly within the City of Fn~ 1 u~1~ ,,: .
lflrl
~HE~EA S, the City had co11111itted specific financial assistance by
111 ng water and sewer tap fees, building pennits and miscellanP.ous
·-"'tses , and us£' tax, amounting to $132,941; and
;JHEREAS; the City had appropriated $35,000 from the Public lrnprove1111::~1 t:
...... ,,, and had conwnitted an additional $74,000 of Public Improvement. Fund :.,
·~FREAS, hy financing the project. with General Obli~dtion bond s tl1f•
1 n ~nr.ial '1ct s ic;tance ic; no lon9er required by thP C.ity to ('omn l '-'t1
• 11ro.1eL L; Jnd
HEREAS, the Englewood Housfog Auttiority had co11111itted $70.000 fi 11 a11 r id !
',i .tdnce to thr project and by findncing the pr·oject with General Ob l iq i\' '"n
•·'1S il~,000 is required from the Enqlewood Housing Authority for actua l
, •• ~ and
WHEREA S , the l:.nglewood Housing Authority has an additional $5 5 .(1 (•1
• d result of financing the project with General Obliga tion Bonds it
.J il be uc;ed a s an addition to the 2·.~ Cllntingency for 1;n f 0r :;een P.x t1 r.-n '.1~1ir·1 " ••
,,,,,u l ·J Jrw occur.
UOW, THE RE FORE, BE IT RESOLVED, by the City Council of the City 0 ~
.., .• :;nwooc1, Colorad'l, as follows:
:>ec ti on 1 .
:.he ~o llowing estimated RPvenues and appropriations ilre h E:rehv ·'J ' ·1 •·
1 .. a i n the Dublic Improvement Fund/Housing for the Elderb -Sur f ~1 '' ·
venues
~en eral Obligation Bond Is~u e
Inte r es t {from inve s tin~ Bond proceeds)
Ho \J <> i ng Authol'i ty
ota l
$2. :n s. 0 1Jo
6 7 .06 7
1 ~· , r.,-:·~ ~ -------
$( ,3 0 1 .067
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n~Jfl t 'O~r _Ii i t !On e",
.on .. tru r. t ion 8 id
:> ·: f.on t f fl ~ll'n cy
/\rc,h it t'C. tur.J 1 re ..
11 rvry
So i1 tests
Water Tap Fees
<;ewer Tap rees
Ac1 verti si nq
Management Consulting Study
Leg al and fiscal fees
U see 11 aneous
Capitalized Interest
Total
Secti on 2.
il ,B9 i' ,000
.i 7 • 34 ll
l l '3 ,Sc !l
l • 0(10
'Z .900
2 li ,BOO
46.800
1.00 0
1 • 55 l
12,000
8,000
__ _J_~~-!656
$2,307,067
The following Revenues and appropriations are made to the Public
• :r0 "l r 'l 'i etnen t Fund:
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Reven ues
Fund Balance
~P._ropri at ions
Housing
Secti on 3.
s 26,000
$ (26,000)
The City Manager and the Director of Finance are hereb y authorized
the above changes to the Public Improvement Fund .
Adopted and approved this 30th day of _December , 19 F ·
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I,'11i111am O. James, ex officio City Clerk-Treasurer of the City
of Englewood, Colorado, hereby certify that the above and foregoing is a
true, accurate, and complet~ copy of Resolution No. 68, Series of 1975 •
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ex officio City _; '· -
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