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HomeMy WebLinkAboutResolution-1987-1018 RESOLUTION NO.__tQl~__ Series of 1987 TITLE: A RESOLUTION AMENDING THE CITY BUDGET FOR THE FISCAL YEAR 1987. WHEREAS, the City of Wheat Ridge Annual Budget for the fiscal year 1987 has been adopted through Resolution No. 1007 on October 27,1986; and WHEREAS, it is the desire of the City Council of the City of Wheat Ridge to amend the 1987 Annual Budget by increasing the budgeted revenues within the Urban Renewal Authority-Wadsworth Town Center budget as follows: ACCOUNT NO./DESCRIPTION 37-580-589 (Carryover Fund Balance) 37-500-504 (Sales Tax Increment) 37-500-501 (Property Tax Increment) 37-580-581 (Interest Earned) $ AMOUNT CHANGED REVISED 1987 BUDGET + $ 86,564 $ 189,049 + 80,000 80,000 + 25,346 25,346 + 3,400 + $195,310 3,400 $ 297,795 and; by revising expenditure accounts as follows: ACCOUNT NO./DESCRIPTION 37-700-750 (Professional Services) 37-800-866 (Connector Drive End Caps) 37-800-874 (Acce1/Decel -41st Avenue) 37-800-875 (Attract Development) 37-800-876 (Other Projects:Wadsworth) 37-800-877 (Edge Landscaping) 37-800-878 (WRTC Signs) $ AMOUNT CHANGED REVISED 1987 BUDGET + $ 8,000 33,000 20,000 182,795 60,000 19,035 23,450 195,310 $ 10,000 13,000 20,000 182,795 60,000 12,000 0 297,795 + + + + WHEREAS, this amendment increases the 1987 URA-Wadsworth Town Center budget to a level of $297,795; NO~ THEREFORE BE IT RESOLVED THAT: A. The City of Wheat Ridge Budget for the fiscal year 1987 be amended as provided in the resolution. B. The State Department of Local Governments be notified of said amendments as required by State Statute. DONE AND RESOLVED this _1.2.tJ1-__ day of _.Jauuar~__________' 1987. /'? ATTEST: ..J w': ~r:~~~~~~~Cl;;k---- ~ .t , ., I.,. (/ t: ,. ______-L~_~~~___~___~_____ Frank Stites, Mayor