HomeMy WebLinkAboutURA Resolution 2009-08WHEAT RIDGE URBAN RENEWAL AUTHORITY
RESOLUTION NO. 08
Series of 2009
TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2009
URBAN RENEWAL BUDGET TO REFLECT THE
APPROVAL OF A SUPPLEMENTAL BUDGET
APPROPRIATION IN THE AMOUNT OF $390,000 FOR
PURPOSES OF THE PROPERTY ACQUISITION AT 7300
WEST 44TH AVENUE
WHEREAS, C.R.S. 29-1-103 (1) of the Local Government Budget Law of Colorado
requires certain local governmental entities to prepare and adopt an annual budget; and
WHEREAS, the Attorney for the Authority has opined that the provisions of the Budget
Law do apply to the Authority; and
WHEREAS, notice of adoption of the 2009 supplemental appropriation and budget was
given by the Urban Renewal Authority in compliance with C.R.S. 29-1-106; and
WHEREAS, the Authority previously adopted an appropriation for 2009 on November
13, 2008, which appropriation must be modified for the property acquisition at 7300 West 4416
Avenue; and
WHEREAS, in compliance with the provisions of the Budget Law regarding notice,
objections, and hearing, a public hearing was held on the Supplemental Budget and
Appropriation for 2009 on December 1, 2009.
THEREFORE, BE IT RESOLVED by the Wheat Ridge Urban Renewal Authority as
follows:
Section 1. The year 2009 supplemental appropriation for the Town Center Fund as shown
on Exhibit 1 attached hereto is hereby approved. The purpose of the 2009 supplemental
appropriation is to increase funds in line item 37-120-800-801 by $390,000.00 for purposes of
the property acquisition at 7300 West 44th Avenue.
Section 2. Total expenditures of the Authority do not exceed available revenues and
beginning fund balance.
Section 3. A certified copy of this resolution shall be filed with the Division of Local
Government.
ADOPTED the 1 st day of December, 2009.
U:\Urban RenewaAURA Packet Materia19091201 Supp Budget Appr Res.doc
WHEAT RIDGE URBAN RENEWAL
AUTHORITY
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ATTEST:
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Secretary to the A city
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