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HomeMy WebLinkAboutResolution 2014-0002T ITLE: CITY OF WHEAT RIDGE , COLORADO RESOLUTION NO. 02 Series of 2014 A RESOLUTION AMENDING THE FISCAL YEAR 2014 GENERAL FUND BUDGET TO REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET APPROPRIATION IN THE AMOUNT OF $40 ,000 FOR THE REQUIRED MATCH FOR AN ENVIRONMENTAL PROT ECTION AGENCY (EPA) BROWNFIELDS CLEAN-UP GRANT WH EREAS , the City of Wheat Ridge , acti ng through its City Council entered into an I ntergovernmental Agreement with the Wheat Ridge Urban Renewal Authority dba Renewal Wheat R idge (RWR) for the purchase of property at 7690 W . 38 th Avenue and 3790 Yukon Court ; and WHEREAS , the site contains underground soil and groundwater environmenta l contamination of wh ich RWR desires to remediate ; and WHEREAS , the site is an important property in an overall vision for redevelopment of the southwest corner of 38 th and Wadsworth ; and WHEREAS , RWR wishes to apply for an EPA Brownfields Clean-Up Grant in the amount of $200 ,000 ; and WHEREAS , a 20 % match is required for the granting of funds from the EPA in an amount of $40,000 ; and NOW, THERE FORE, BE IT RESOLVED by the City Council of Wheat Ridg e, Colo rado , as follow s: A. The City Counci l authorizes the use of $40 ,000 from the General Fund undesignated reserves for the expenditure from account number 01-105-700-720 and amending the 2014 fiscal year budget accordingly. DONE AND RESOLVED this 13 1 "day ~~aoy , 2014 ATTEST: GED/WRNVRURA