HomeMy WebLinkAboutResolution-1969-0039
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RESOLUTION NO. ~ '!
Series of 1969
WHEREAS, that due to contingencies that could not have
been reasonably forseen at the time of the adoption of the 1970
Budget by the City, the 1970 Budget, as adopted, does not accurately
forecast the expenditure of money or the receipt of revenue by this
City.
WHEREAS, the contingencies arising are:
a) The City Council had not contemplated a liquor
occupational tax at the tax rate as now proposed.
b) The franchise negotiated by the City Council with
the Public Service Company of Colorado will bring in revenue in
excess of that originally contemplated.
c) The expected applications for rezoning of pro-
perty and hearing of liquor and fermented malt beverage license
applications within the City of Wheat Ridge and the fees to be
collected will bring in excess revenue beyond that originially
contemplated.
d) The various departments of the City government
require adjustments in their budgets based on the operating experience
of the city government during 1969.
NOW, THEREFORE, BE IT RESOLVED THAT the 1970 budget be
amended as follows:
a) That a contingency fund (accounting code 489)
be increased from $30,000.00 to $87,250.00 and said increase of
$57,250.00 be authrized for expenditure in the different department
and budget categories as is indicated.
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BE IT FURTHER RE50LVED THAT a certified copy of this
Resolution be filed with the State Tax Commission and be published
in full one time in the Arvada Citizen as required by law.
DONE AND RE50LVED this 16th day of December, A. D., 1969,
by the City Council in regular session by a vote of ~ to o.
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ATTEST:
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