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HomeMy WebLinkAboutResolution 2010-0062 CITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 62 Series of 201 0 TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2010 GENERAL FUND BUDGET TO REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF $200,000 TO WHEAT RIDGE 2020 FOR THE PURPOSE OF LEVERAGING PRIVATE AND PUBLIC FUNDS SUPPORTING COMMUNITY AND ECONOMIC DEVELOPMENT IN THE CITY WHEREAS, the City Council recognizes the important role WR2020 plays in real estate development, community engagement, leveraging private and other public funds, and supporting community and economic development; and WHEREAS, WR2020 supports the vision and goals of the City's Envision Wheat Ridge Comprehensive Plan and Neighborhood Revitalization Strategy (NRS); and WHEREAS, 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 City Council of the City of Wheat Ridge, Colorado, as follows: A. The City Council authorizes the supplemental budget appropriation to WR2020 for the purpose of leveraging private and public funds supporting community and economic development in the City. B. The City Council authorizes the transfer of $200,000 from the General Fund undesignated reserves to account # 01-105-700-721 and amendment of the 2010 Fiscal Year Budget accordingly. DONE AND RESOLVED this 22nd day of ",N.><.ov...,e"'7"r-=-"-""'-ATTEST: Michael D. Snow, City Cierk