HomeMy WebLinkAboutResolution 35 -2022 Wads Supplemental
CITY OF WHEAT RIDGE, COLORADO
RESOLUTION NO. 35
Series of 2022
TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2022 CAPITAL
IMPROVEMENT PROGRAM FUND BUDGET TO REFLECT THE
APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE
AMOUNT OF $7,260,000 FOR PHASE 1 OF THE IMPROVE WADSWORTH
PROJECT
WHEREAS, the City has executed a contract with Concrete Works of Colorado to
construct Phase 1 of the Improve Wadsworth Project and will be completing more of the
work in 2022 than anticipated; and
WHEREAS, the City has executed an Intergovernmental Agreement with Wheat
Ridge Sanitation District to reconstruct their facilities within the limits of Phase 1 and will be
reimbursed for the work; and
WHEREAS, the City has executed a Memorandum of Understanding with Wheat
Ridge Water District to reconstruct their facilities within the limits of Phase 1 and will be
reimbursed for the work; and
WHEREAS; the City has executed a contract with the Colorado Department of
Transportation to manage the construction of Phase 1 and will be reimbursed for eligible
expenses; and
WHEREAS, insufficient appropriations in the 2022 CIP Budget exist to cover these
expenditures; and
WHEREAS, the Wheat Ridge Charter requires that amendments to the budget be
affected by the City Council adopting a resolution.
NOW, THEREFORE, BE IT RESOLVED by the Wheat Ridge City Council that:
Section 1. A transfer from CIP Budget undesignated reserves in the amount of
$7,260,000 to line item 30-303-800-865 is hereby approved and
revenues are amended accordingly for Phase 1 of the Improve
Wadsworth project.
DONE AND RESOLVED this 22nd day of August 2022.
Bud Starker, Mayor
ATTEST:
Steve Kirkpatrick, City Clerk