HomeMy WebLinkAboutResolution-2005-0017
CITY OF WHEAT RIDGE, COLORADO
RESOLUTION NO. 17
Series of 2005
TITLE:
A RESOLUTION APPROVING THE PIERCE STREET UTILITY
UNDER-GROUNDING PROJECT, APPROVING THE
EXPENDITURE OF FUNDS IN THE AMOUNT OF $180,000 FOR
THE PROJECT, ALONG WITH AMENDING THE FISCAL YEAR
2005 CAPITAL INVESTMENT PROGRAM (CIP) BUDGET TO
REFLECT THE APPROVAL OF A SUPPLEMENTAL BUDGET
APPROPRIATION OF $80,000
WHEREAS, line item #30-306-800-806 of the Capital Investment Program
budget is identified as Utilities Undergrounding Expenditures, and
WHEREAS, the 2005 Capital Investment Program includes funding for under-
grounding utility lines along Pierce Street from 32nd Avenue to 38th Avenue, and
WHEREAS, the construction estimates to relocate the telephone and cable lines
exceed the funding budgeted in 2005 for Pierce Street Utility Under-Grounding Project,
and,
WHEREAS, additional funds are programmed for 2006 ($200,000) to insure
completion of the project, and
NOW, THEREFORE, BE IT RESOLVED by the Wheat Ridge City Council, that:
Section 1. Proiect Approved
The Pierce Street Utility Under-Grounding Project be approved
Section 2.Budqet Amended
The following amendments to the 2005 CIP Fund budget are hereby approved
(a) A transfer from CIP undesignated reserves in the amount of $80,000 to
account #30-306-800-806
Section 3. Expenditure Approved
The expenditure of not to exceed $180,000 is hereby approved from CIP account
#30-306-800-806, for the purpose of the Pierce Street Utility Under-Grounding Project.
Section 4.Effective Date
This Resolution shall be effective immediately upon adoption
DONE AND RESOLVED this
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P la Anderson, City Clerk
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