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HomeMy WebLinkAbout2025 - RESO 19 - Budget Supplemental Tabor LakeCITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 19 SERIES OF 2025 TITLE: A RESOLUTION AMENDING THE 2025 OPEN SPACE FUND BUDGET TO REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF $898,911.56 FOR THE PURPOSE OF FUNDING THE TABOR LAKE TRAIL PROJECT AWARDED TO JOC CONTRACTING, LLC WHEREAS, the Wheat Ridge Charter requires that amendments to the budget be effected by the City Council adopting a resolution; and WHEREAS, Wheat Ridge City Council previously approved the 2025 Open Space Fund (Fund 32) budget; and WHEREAS, the City Council awarded a contract to JOC Contracting, LLC in the amount of $898,911.56 for the purpose of funding the Tabor Lake Trail project on February 10, 2025; and WHEREAS, the Tabor Lake Trail project was included in the 2024 Open Space Fund (Fund 32) budget, but the funds were not carried over into the 2025 budget. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF CITY OF WHEAT RIDGE, COLORADO THAT: Section 1. A supplemental budget appropriation in the amount of $898,911.56 is hereby approved from Open Space (Fund 32) reserves to account No. 32-601-800-871 for the purpose of budgeting the Tabor Lake Trail project. DONE AND RESOLVED this 14th day of April 2025 Bud Starker, Mayor ATTEST: Margy Greer, Sr. Deputy City Clerk