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 .
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