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HomeMy WebLinkAboutResolution-1995-1508 RESOLUTION # 1508 SERIES 1995 TITLE: A RESOLUTION REQUESTING AND AUTHORIZING JEFFERSON COUNTY OPEN SPACE TRANSFER $300,000 FROM THE CITY OF WHEAT RIDGE ATTRIBUTABLE SHARE OF THE JEFFERSON COUNTY OPEN SPACE FUND TO THE CITY OF WHEAT RIDGE OPEN SPACE ACCOUNT WITH ALL FUNDS TO BE EXPENDED FOR CONSTITUTED PURPOSES WHICH ARE AUTHORIZED BY THE JEFFERSON COUNTY OPEN SPACE RESOLUTION AS ADOPTED BY THE VOTERS ON NOVEMBER 7, 1972 AND AMENDED ON NOVEMBER 4, 1980. WHEREAS, the City of Wheat Ridge has funds available in the City of Wheat Ridge attributable share of the Jefferson County Open Space Fund; and WHEREAS, the City of Wheat Ridge has established a City of Wheat Ridge Open Space Interest Bearing Account; and WHEREAS, all funds received from The Jefferson County Open Space Fund are deposited in the City of Wheat Ridge Open Space account; and WHEREAS, the City of Wheat Ridge is able to accept additional revenue under the Amendment One revenue cap; and WHEREAS, this transfer is allowed under Amendment One; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WHEAT RIDGE THAT: 1) The City of Wheat Ridge request Jefferson County Open Space transfer Three Hundred Thousand Dollars ($300,000) from the City of Wheat Ridge attributable share of the Jefferson County Open Space Fund to the City of Wheat Ridge Open Space Account. 2) All funds shall be expended for constituted purposes which are authorized by the Jefferson County Open Space Resolution as adopted by the voters on November 7, 1972 and amended on November 4, 1980. DONE AND RESOLVED THIS 11 th DAY OF December , 1995. Attest: ~~ Dan Wilde, Mayor " /:/ ,I . Wanda Sang, City Clerk