HomeMy WebLinkAboutResolution 2008-0029
CITY OF WHEAT RIDGE, COLORADO
RESOLUTION NO. 29
Series of 2008
TITLE:
A RESOLUTION AMENDING THE 2008 FISCAL YEAR
CAPITAL INVESTMENT PROGRAM BUDGET TO REFLECT
THE APPROVAL OF A SUPPLEMENTAL BUDGET
APPROPRIATION IN THE AMOUNT OF $50,000 FOR THE
PURPOSES OF CONTRIBUTING TO THE SENIOR RESOURCE
CENTER FACILITY CONSTRUCTION FUND
WHEREAS, the City currently receives annual allocations of Federal funding from the
Department of Housing and Urban Development (RUD) through the Community Development
Block Grant (CDBG) Program; and
WHEREAS, City Council originally allocated $50,000 of CDBG funds to the Senior
Resource Center (SRC) towards the construction of a new facility; and
WHEREAS, the SRC has been unable to identifY a project for use of the $50,000, in
accordance with CDBG regulations, without invoking Davis Bacon wage requirements for the
entire new SRC facility; and
WHEREAS, Council has reallocated the $50,000 to the Senior HV AC project and is
desirous of contributing $50,000 to the SRC facility construction fund; and
WHEREAS, funds were not appropriated in the 2008 Budget for a contribution to the
SRC facility construction fund and the Wheat Ridge Charter requires that amendments to the
budget be effected by the City Council adopting a Resolution;
NOW THEREFORE, BE IT RESOLVED by the Wheat Ridge City Council, that:
Section 1. The City of Wheat Ridge fiscal year 2008 Capital Investment Program
Fund Budget be amended accordingly, specifically transferring $50,000.00 from Capital
Investment Program undesignated reserves to account 30-610-700-726.
DONEANDRESOLVEDilii, ~~ 7jJ;i;2
ty(f)iullio, Mayor
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ATTEST:
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Michael Snow, City Clerk