HomeMy WebLinkAboutResolution-2005-0006
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RESOLUTION NO. 06
Series of 2005
TITLE:
A RESOLUTION AMENDING THE FISCAL YEAR 2005
eAPIT AL INVESTMENT PROGRAM (CIP) BUDGET TO
REFLECT THE APPROVAL OF A SUPPLEMENTAL
BUDGET APPROPRIATION TO PROVIDE FUNDING FOR
THE YOUNGFIELD STREET WIDENING PROJECT
WHEREAS, the City CounCil approved an annexatIOn and development
agreement among the City, Cabela's Retail Inc and the Coors Brewmg Company on
Decembcr 20, 2004,
WHEREAS, the development of the Cabela's project will necessltatc
Improvements along Y oungfield Street to mitigate increased traffic from the proJect;
WHEREAS, the CIP Fund and the General Fund have aVailable funds in
undeslgnated reserves to pay for the Y oungfield Street Widemng Project;
NOW THEREFORE BE IT RESOLVED by the City Council of the City of
Wheat Ridge, Colorado, as follows:
A. The City of Wheat Ridge fiscal year 2005 CIP Budget be amended
accordmgly, specifically transfernng $1,800,000 from CIP Fund
undesignated reserves and $1,275,000 from General Fund undeslgnated
reserves mto account 30-303-800-843
OJ;:.
DONE AND RESOLVED THIS ~ day of January, 2005.
,/0
i )
retchen Cerveny, Mayor
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