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HomeMy WebLinkAboutResolution-1980-0708 INTRODUCED BY COUNCILMEMBER MERKL RESOLUTION NO. 708 Series of 1980 TITLE: AN APPROPRIATION AND BUDGET TRANSFER RESOLUTION APPROPRIATING FUNDS FOR PURCHASE OF PROPERTY LOCATED AT 6363-6365 W. 35TH AVENUE TOGETHER WITH FURNISHINGS THEREIN FOR USE AS A SENIOR CENTER FOR A TOTAL PURCHASE PRICE OF $291,000 WHEREAS, there is in effect an annual General Fund, Revenue Sharing, Sales Tax Improvement Fund; and Special Funds Appropriation Resolution for 1980, as amended; and WHEREAS, the City has determined that it would be advantageous for the City of Wheat Ridge to purchase the property at 6363-6365 W. 35th Avenue together with the furnishings therein for use as a Senior Center for a total purchase price of $291,000. NOW, THEREFORE, BE IT RESOLVED that the following appropriation accounts be amended as shown below: Sales Tax Improvement Fund Depa rtment and Account (Revenue) Current/Revised Appropriation Change Revised Appropriation Purpose Estimated Carry Over Balance 31-580-00-589 $ 665,752 + $ 30,399 $696,151 To fund 1980 Appropriations Interest Earnings 31-580-00-581 40,000 + 50,000 80,399 90,000 To fund 1980 Appropriations Net Change (Expenditures) + Sr. Citizens Center 31-601-800-801 $ 75,000 + $ 216,000 $ 291,000 To provide addi- tional funding for purchase of Senior Center Bike/Pedestrian Pathways 31-303-800-856 100,000 1 00,000 -0- To fund above Municipal Swimming Pool 31-603-800-880 67,200 35,601 31,599 To fund above Net Change + $80,399 BE IT FURTHER RESOLVED that this change shall be construed to increase the Sales Tax Improvement Fund appropriation by $80,399 as filed with the Division of Local Government, State of Colorado, and they shall be duly notified of said change. DONE AND RESOLVED this 16th day of June, 1980, by a vote of 6 to 2 -- FRAN~fls :'MA~F~ ATTEST: .-'-- ' .-:0. ' ' cA~'~1~~PF:-~I?r(~~~'