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HomeMy WebLinkAboutR88-073 Transferring Funds for Capital ExpenditureCommissioner Qc / 's % —x- /C7��c tq moved adoption
of the following Resolution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 88-
RESOLUTION REAPPROPRIATING AND TRANSFERRING FUNDS
FROM THE CAPITAL IMPROVEMENTS FUND TO THE CAPITAL
EXPENDITURE FUND FOR FISCAL YEAR 1988
WHEREAS, the Board of County Commissioners of the County of
Eagle, State of Colorado (hereinafter "Board ") desires to purchase
approximately 92 acres of land for runway protection at the Eagle
County Airport;
WHEREAS, the aforementioned expenditure was not anticipated
at the time of the adoption of the 1988 budget, and thus revenues
were not appropriated for the payment of the same; and
WHEREAS, the Board appropriated money in the amount of
8425,000.00 to the Capital Improvements Fund for the expansion of
the Justice Center; and
WHEREAS, the Board deems it is necessary not to expend money
for the purpose of expansion of the Justice Center for fiscal year
1988; and
WHEREAS, the Board desires to reappropriate and transfer
certain funds in the amount of $200,000.00 from the Capital
Improvements Fund to the Capital Expenditure Fund in order to meet
the expenditure of purchasing land for the Eagle County Airport;
and
WHEREAS, the Board has the authority to reappropriate and
transfer from one County Fund to another monies needed for
expenditures by authorizing a budget transfer, pursuant to Section
29 -1- 111.5, C.R.S.
NOW, THEREFORE BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO:
THAT, the Board hereby authorizes a reappropriation and
transfer of $200,000.00 previously showing in the 1988 Eagle County
Budget under County Capital Improvements Fund to the Capital
Expenditure Fund.
THAT, the Treasurer of the County of Eagle is hereby requested
and directed to take all action necessary to effectuate the intent
of this Resolution.
THAT, pursuant to Section 29- 1- 111.5, C.R.S., this Resolution,
as proposed, has been published in full one time in a newspaper
having general circulation within the territorial limits of the
County of Eagle, State of Colorado.
THAT, the Eagle County Budget Officer is hereby requested and
directed to immediately transmit an original or certified copy of
this Resolution to the affected spending agencies and the officer
or employee of the County of Eagle whose duty it is to draw
warrants or orders for the payment of money.
THAT, the Eagle County Budget Officer is hereby further
requested and directed to file and original or certified copy of
this Resolution with the Division of Local Governments in the
Department of Local Affairs.
THAT, this Resolution is necessary for the public health,
safety and welfare of the County Eagle, state of Colorado.
MOVED, READ AND ADOPTED by the Board of County Commissioners
of the County of Eagle, State of Colorado, at its regular meeting
held the .:ice day of Gt S. 1988.
COUNTY OF EAGLE ST
, ATE OF
COLORADO, By and Through Its
BOARD OF COUNTY COMMISSIONERS
vvuua.y ._.wuuuao�. vaac a.o
K
By: r er A,
GeorgeOA. Gates
Chairman
Donald H. Welch
Commissioner
Commissioner C4 f%7 ? S seconded adoption
of the foregoing resolution. The roll having been called, the vote
was as follows:
Commissioner
George A.
Gates
L
Commissioner
Donald H.
Welch
27�S�wT
Commissioner
Richard L.
Gustafson
This Resolution passed by 15 C-) vote of the Board of
County Commissioners of the County of Eagle, State of Colorado.
3