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HomeMy WebLinkAboutResolution 2017-0020CITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 20 Series of 2017 TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2017 GENERAL FUND BUDGET TO REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF $50,000 WHEN SUCH FUNDS ARE AVAILABLE AND DO NOT PLACE THE RESERVES BELOW 17% FOR THE PURPOSE OF FUNDING THE WHEAT RIDGE BUSINESS DISTRICT FACADE PLUS GRANT PROGRAM WHEREAS, the Wheat Ridge Charter requires that amendments to the budget be effected by the City Council adopting a resolution; and WHEREAS, the WRBD was formed as a joint partnership between local business owners and the City of Wheat Ridge in 2002; and WHEREAS, the WRBD Facade Plus Grant Program serves businesses throughout the City of Wheat Ridge; and WHEREAS, the Council recognizes the value of the Fai;ade Plus Grant Program in the revitalization of businesses in Wheat Ridge. NOW, THEREFORE, BE IT RESOLVED by the Wheat Ridge City Council, that: Section 1. A transfer of $50,000 is hereby approved from the General Fund budget designated reserves to account 01-105-700-710 and the 2017 revenues are amended accordingly. DONE AND RESOLVED this 12th day of June, 2017. ATTEST: