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HomeMy WebLinkAboutResolution 2014-0051CITY OF WHEAT RIDGE , COLORADO RESOLUTION NO . 51 Series of 2014 T ITLE: RESOLUTION NO. 51-2014 - A RESOLUTION AM ENDING THE FISCAL YEAR 2014 GENERAL FUND BUDGET REF L ECTING T HE APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF $117 ,857 FOR THE PURPOSES OF REPARING DAMAGE TO CITY ASSETS CAUSED BY T HE JULY 7, 20 14 HAIL STORM WHEREAS , on July 7 , 2014 Wheat Ridge was hit by a hail storm which caused damage to numerous City assets ; and WHEREAS , the City carries property and liability insurance coverage through the C IRSA with a deductible of $10 ,000 ; and WHEREAS , the City received quotes from a variety of vendors to repair the damages; and WHER EAS , the City of Wheat Ridge Charter requires that amendments to the budget be effected by the City Council adopting a Resolution . NOW, THEREFORE , BE IT RESO LVED by the Wheat Ridge City Council , that: Section 1. Effectiveness. This Resolution shall take effect immediately. Section 2. The City Council authorizes transferring $117 ,857 from General Fund undesignated reserves to the following accounts, 01-303-650-662 $50 ,997 01-603-700-774 $66 ,860 And amending the 2014 General Fund revenues accordingly. DONE AND RESOLVED this 81h day of September, 2014 . <i U' # /]11 'ft1 7 ( ATTEST: