HomeMy WebLinkAboutResolution-1990-1196
RESOLUTION NO. 1196
Series of 1990
TITLE: A RESOLUTION APPROPRIATING ADDITIONAL SUMS OF MONEY IN
EXCESS OF AMOUNTS BUDGETED FOR THE CITY OF WHEAT RIDGE,
COLORADO FOR FISCAL YEAR 1990.
WHEREAS, the City of Wheat Ridge Annual Budget for the fiscal
year 1990 has been adopted through Resolution No. 1179 on the
11th day of December, 1989; and
WHEREAS,
$675,047
and 32nd
the 1990
the 1989 carryover fund balance to 1990 revenue is
greater than budgeted for 1990 due to 39th (Miller-Lena)
I
(Simms-Kipling) projects being postponed in 1989 after
budget was prepared; and
WHEREAS, excess dollars unspent from prior years projects which
were finalized during the first three months of 1990 have
produced an additional $71,937; and
WHEREAS, a total of $746,984 is available for expenditure greater
than originally budgeted for 1990.
NOW, THEREFORE BE IT RESOLVED by the City Council of the City of
Wheat Ridge, Colorado:
A . That the additional sum of $500,000 be appropriated for
expenditure in the Capital Projects Fund, in 1990, for the
purpose of completing the drainage improvements at 35th and
Parfet; and
B. That the additional sum of $246,984 be appropriated for
expenditure in the Capital Projects Fund, in 1990, for other
anticipated projects that may need to be completed in 1990; and
C. That the 1990 total appropriation for the Capital Projects
Fund be hereby increased from $5,017,668 to $5,764,652.
DONE AND RESOLVED this 11th
day of
June
, 1990.
~~
Dan Wilde, Mayor
ATTEST: