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HomeMy WebLinkAboutResolution-1993-1338 RESOLUTION NO. 1338 SERIES 1993 TITLE: RESOLUTION AMENDING THE 1993 ANNUAL BUDGET, RELATING TO THE CAPITAL FUND, FUND 30, AND THE INTERGOVERNMENTAL AGREEMENT FOR THE 44TH AVENUE PROJECT. WHEREAS, the city of Wheat Ridge has programmed a capital project to repair and maintain west 44th Avenue from Harlan to Sheridan Street; and WHEREAS, the City of Wheat Ridge has entered into an intergovernmental agreement with the municipalities of Lakeside and Mountain View to share the cost of the project; and WHEREAS, the joint funding will cause additional revenues to be deposited into the Capital Fund, Fund 30; and WHEREAS, the additional revenues will increase the 1993 capital Fund by $220,598, which will raise the total Capital Fund revenue to $3,634,223; and WHEREAS, the intergovernmental agreement and the west 44th Avenue project will increase the Capital Fund expenditure by $220,598 which will raise the total Capital Fund expenditure to $3,352,748; WHEREAS, Fund 30, Preventive Maintenance, 30-303-884, will be increased by $220,598 in order to fund the project. NOW, THEREFORE BE IT RESOLVED THAT the city of Wheat Ridge City Council through the actions stated in this resolution amend the 1993 Annual Budget by increasing the Capital Projects Fund Revenue by $220,598, and also increase the Capital Fund Expenditures in line 30-303-884 by $220,598 in order to fund and complete the west 44th Avenue Preventive Maintenance Project from Harlan to Sheridan Streets. DONE AND RESOLVED this 25th day of January, 1993. ATTEST .' "~i{ILtl'k( / \ "q'L-< Wanda Sang, city cle(~\ '...._) Mayor