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HomeMy WebLinkAbout2023 - RESO - 34 - Metro Football Stadium Dist.CITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 34 Series of 2023 TITLE: A RESOLUTION AMENDING THE 2023 FISCAL YEAR OPEN SPACE FUND BUDGET TO REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF $523,551 FOR THE PURPOSE OF ACCEPTING AND APPROPRIATING THE METROPOLITAN FOOTBALL STADIUM DISTRICT REIMBURSEMENT FOR YOUTH ACTIVITY PROGRAMS WHEREAS, the City of Wheat Ridge received Metropolitan Football Stadium District Funds as a result of the sale of the Denver Broncos Football Club to be used for “youth activity programs”; and WHEREAS, the recommended play equipment selected by youth in the Wheat Ridge community will successfully meet the “youth activity programs” requirement; and WHEREAS, the Wheat Ridge Parks and Recreation Master Plan calls for a balanced and equitable park and recreation system responsive to all age groups and user groups; 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 supplemental budget appropriation and transfer of $523,551 is hereby approved from General fund designated reserves to Open Space Fund account No. 32-601-800-888 for the purposes of purchasing and installing the recommended play equipment. DONE AND RESOLVED this 12th day of June 2023. Bud Starker, Mayor ATTEST: Steve Kirkpatrick, City Clerk