Loading...
HomeMy WebLinkAboutResolution-2001-0029 RESOLUTION NO.~OOl Series of 2001 TITLE: A RESOLUTION ACCEPTING EXCESS SALES TAX REVENUE FROM THE URBAN RENEWAL AUTHORITY AND EARMARKING SAID FUNDS FOR THE 38rH AVENUE STREETSCAPE PROJECT. WHEREAS, the Wheat RIdge Urban Renewal Authonty possesses excess sales tax collectIOns whIch, under SectIon 31-25-1 07(9)(a)(II) of the Urban Renewal Law, lfnot allocated for Authonty debts or financIal obligatIOns, shall be paId Into the funds of the CIty; and WHEREAS, the CIty of Wheat Ridge deSIres to accept such excess collectIOns and earmark the funds for the 38th Avenue Streetscape project. NOW THEREFORE BE IT RESOLVED by the City Council of the City of Wheat Ridge, Colorado, as follows: SectIOn I The CIty of Wheat RIdge hereby accepts the excess sales tax collectIOns In the amount of $280,000 00 and earmarks SaId funds for the acqUIsItIon and assocIated costs in connection WIth the property located at 5300 W 38th Avenue, as part of the 38th Avenue Streetscape proJect. SectIOn 2 The City Manager IS authonzed and dIrected to fund any additional InCIdental costs assOCIated With the acqUlSltlOn of SaId property III an amount not to exceed $6,000 00 DONE AND RESOLVED THIS .~iJ,'''<-~ day of 0~ <-h {1i.~I/ , 2001 - ~ / 'j ATTEST ~ &--~l- / ~. \1 I, ,cAr ' . , 1""- It) ~d1-LAtt ' ,"Z1~ '.:.,'/ ~,;\ WANDA SANG, CITY CLERK-~': -.r: ~,L,~ ,,~..l . , .~..:J \ . .' ~}!;,# R l ,MvFiles\ \VPF1]Cs',ProJects\stn..:dscape\lIRA funds res.\,,:pd