Loading...
HomeMy WebLinkAbout2025 - RESO 34 - Youngfield BeautificationCITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 34 SERIES OF 2025 TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2025 RENEWAL WHEAT RIDGE BOND FUND BUDGET TO REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF $4,108,500 FOR THE PURPOSE OF ISSUING A CONTRACT FOR CONSTRUCTION OF THE YOUNGFIELD STREET BEAUTIFICATION PROJECT TO COLORADO DESIGNSCAPES WHEREAS, the City recognizes the importance of improving city streets and providing multi-modal facilities in various locations to allow for improved and safer mobility; and WHEREAS, Colorado Designscapes, Inc. provided a bid to complete the Youngfield Street Beautification Project which will provide improved aesthetic elements, landscape, and public art along the Youngfield corridor; and WHEREAS, funds were budgeted to complete this project in 2024 but were not encumbered therefore insufficient appropriations exist in the 2025 Renewal Wheat Ridge Bond Fund to cover these expenditures; and WHEREAS, the City of 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 CITY COUNCIL OF THE CITY OF WHEAT RIDGE, COLORADO THAT: Section 1. A transfer of $4,108,500 is hereby approved from the Renewal Wheat Ridge Bond Fund undesignated reserves to account 40-101-800-805 and the 2025 revenues are amended accordingly. Section 2. A contract in an amount not to exceed $4,108,500, comprising $3,735,000 base and $373,500 in contingency funds, and subsequent payments is hereby approved for an agreement with Colorado Designscapes, Inc. DONE AND RESOLVED this 23rd day of June 2025 Bud Starker, Mayor ATTEST: Margy Greer, Sr. Deputy City Clerk