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HomeMy WebLinkAbout2024 - RESO 41 - Makerspace CDSCITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 41 Series of 2024 TITLE: A RESOLUTION AMENDING THE 2024 FISCAL YEAR GENERAL FUND BUDGET TO REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF $200,000 FOR THE PURPOSE OF ACCEPTING CONGRESSIONALLY DIRECTED SPENDING FOR THE CLEAR CREEK MAKERSPACE PHASE II PROJECT WHEREAS, the City of Wheat Ridge has partnered with Localworks to support local creatives and entrepreneurs through its Clear Creek Makerspace; and WHEREAS, Phase I of the Clear Creek Makerspace supports users as they learn a new hobby, enhance an existing fabrication process, or begin the early proof of concept phase of a physical startup, and Phase II allows Clear Creek Makerspace to become a community-centered launchpad into full scale manufacturing for local business startups, and WHEREAS, H.R.4366 - Consolidated Appropriations Act, 2024 provides funding to the Small Business Administration for local governments and nonprofits in support of small business, including but not limited to entrepreneur training, workforce development, counseling, research and construction or acquisition of facilities; and WHEREAS, City staff submitted applications to Wheat Ridge’s House Representative and Senators for $200,000 in Congressional Directed Spending for the Localworks Clear Creek Makerspace Phase II Project, and WHEREAS, the City of Wheat Ridge was awarded $200,000 in funds in Congressionally Directed Spending under the FY24 Community Project Fund through the Small Business Administration; and WHEREAS, the Council therefore wishes to accept the Congressionally Directed Spending funds for the purpose of funding Clear Creek Makerspace Phase II, as set forth herein; 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 $200,000 is hereby approved from the General Fund undesignated reserves to account 01-105-700-721 for the purpose of funding Clear Creek Makerspace Phase II. DONE AND RESOLVED this 26th day of August 2024. Bud Starker, Mayor ATTEST: ______ Margy Greer, Sr. Deputy City Clerk