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HomeMy WebLinkAbout2023 - RESO - 38 - Budget supplement for Ward TOD projectsCITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 38 Series of 2023 TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2023 RENEWAL WHEAT RIDGE BOND FUND BUDGET TO REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF $95,000 FOR THE PURPOSE OF MAKING PAYMENTS FOR ADDITIONAL EXPENSES RELATED TO THE WARD TOD MULTIMODAL PROJECTS WHEREAS, the City Council wishes to construct multimodal improvements in the Wheat Ridge ꞏ Ward Station area; and WHEREAS, insufficient appropriations in the 2023 Renewal Wheat Ridge Bond Fund Budget exist to cover additional identified expenditures; and WHEREAS, there is adequate unallocated funding in the Renewal Wheat Ridge Bond Fund to cover this expense; and WHEREAS, the Wheat Ridge Charter requires that amendments to the budget be effected by the City Council adopting a resolution. NOW, THEREFORE, BE IT RESOLVED by the Wheat Ridge City Council, that: Section 1. A transfer of $95,000 is hereby approved from Fund 40 undesignated reserves to account 40-103-800-805. DONE AND RESOLVED this 10th day of July 2023. Bud Starker, Mayor ATTEST: Steve Kirkpatrick, City Clerk