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HomeMy WebLinkAbout1968 Resolution No. 021~,, • ~ RESOLU'l'tON NO. 21, SERIF.S OF 1968 A RESOLtrrION AUTHORIZING AND APPROPRIATING AN EXPENDITURE 01" Wl\1'1·:u l •'llNO MO NTI·::-: l"OU /\ l'U1·:::::111m I Ml~uovF.MF.NT UNDER TllE /\U'l'llOIU'l'Y OF SECTION 93 OF 'rllE CITY CllJ\RTF.R. WHEREAS, the City of Englewood is undertaking a Water Pressure Improvement Program estimated at a total cost of $525,000 which was not foreseen at the time of the adoption of the 1968 Budget and Appropriation Ordinances,and, WHEREAS, the receipt of cash from the sale of the Atchison Ranch Property and the interest income thereon were not included within the fo r ec ast of revenues for 1968,and, WHEREAS, the Director of Finance has certified that suffi- cient fu n ds are a va ilabl e t o meet sa i d project, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO: Section 1. That the expenditure of $525,000 of Water Fund cash for Water Pressure Improvement is hereby authorized from the sources set forth by the accompanying certificate from the Director of F'in;inC'<' ;ind undC'r t-hC' pow0rs cyr<'lntcd to City Council in S ecti on 93 of the llome Rul e Charter of the City of Englewood, Colorado. l\l)OOPTF.O /\NT) l\PPROVF.O I hi n (of h (l;i y n f M:iy, 1 Q(}R • ~ Mayo ATTEST: ~ ty ~k-Tre-asur-er -~ ..... ,. I I