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HomeMy WebLinkAboutResolution-1981-0755 RESOLUTION NO. 755 SERIES OF 1981 TITLE: RESOLUTION ESTABLISHING THE URBAN RENEWAL AUTHORITY FUND AND THE TRANSFER OF FUNDS AND ACCOUNT TRANSACTIONS. WHEREAS, the Wheat Ridge Urban Renewal Authority has been created by the City Council, WHEREAS, the 1981 transactions relating to the Urban Renewal Project are to be funded through tax increment financing. WHEREAS, it is necessary to establish an Urban Renewal Fund, NOW, THEREFORE, BE IT RESOLVED THAT an Urban Renewal Authority Fund is established, and that budget transfers be made as shown below: GENERAL FUND DEPARTMENT AND ACCOUNT CURRENT/REVISED APPROPRIATION CHANGE REVISED APPROPRIATION PURPOSE Community Development 01-121-700-750 10,000 -9,000 1,000 Fund Urban Renewal Auth- ority Expenses Transfers Out 01-902-890-896 -0- +9,000 CAPITAL IMPROVEMENT FUND 9,000 Community Development 31-121-800-861 65,518 -65,518 -0- Fund Urban Renewal Auth- ority Expenses Transfers Out 31-902-890-896 -0- +65,518 URBAN RENEWAL AUTHORITY FUND 65,518 REVENUES Transfer from General Fund 33-590-591 -0- +9,000 Transfer from Capital Improvement Fund 33-590-593 -0- 65,518 TOTAL REVENUES APPROPRIATIONS Community Improvement 33-121-800-861 -0- +74,518 9,000 65,518 74,518 74,518 BE IT FURTHER RESOLVED that none of the changes shall be construed to change the total appropriation as filed with the Division of Local Government. DONE AND RESOLVED this 14t~ay of Dec. A.D., 1981 c " .,~."f L {; .~ FRANK STITES, MAYOR ATTEST: