HomeMy WebLinkAboutR87-67 Supplemental BudgetCommissioner _ moved adoption
of the following Resolution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 87-_%;7
RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET AND
APPROPRIATION FOR THE EAGLE COUNTY TRANSPORTATION
SYSTEM FUND FOR FISCAL YEAR 1987
WHEREAS, the Eagle County Transit Commission was created
by resolution #87 -63 of the Board of County Commissioners of
the County of Eagle, State of Colorado (hereafter the
"Board "), for the purpose of operating and managing a trans-
portation system known as the Eagle County Express (hereafter
"ECE "); and
WHEREAS, the County is empowered to create a separate
Fund for the purpose of holding revenues and paying claims
related to the transportation system, pursuant to incidental
and implied powers held by the County which are reasonably
necessary to develop, maintain, and operate a mass transporta-
tion system; and
WHEREAS, creation of a separate fund for the transporta-
tion system is required under generally accepted governmental
accounting principles due to the revenue generation of the
system; and
WHEREAS, the Board is in receipt of unanticipated revenue
in the amount of Fifty -seven Thousand, Six Hundred Fifty
Dollars ($57,650), paid to the County pursuant to an Agreement
with Beaver Creek Resort Co., Inc.; and
WHEREAS, the aforementioned revenue was not anticipated
at the time of the adoption of the 1987 budget, and /or such
revenue was not assured at the time of the adoption of the
1987 budget and therefore was not appropriated; and
WHEREAS, the Board has unanticipated expenditures for the
transportation system in the amount of Fifty -seven Thousand,
Six Hundred Fifty Dollars ($57,650); and
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WHEREAS, the aforementioned expenditures were not antici-
pated at the time of the adoption of the 1987 budget, and thus
revenues were not appropriated for the payment of the same;
and
WHEREAS, the Board has the authority to expend such
unanticipated or unassured revenues by enacting a supplement-
ary budget and appropriation, pursuant to Section 29- 1- 111.6,
C.R.S.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY
COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO:
THAT, a Transportation System Fund be established ; and
THAT, the Board hereby authorizes a supplementary budget
and appropriation in the total amount of Fifty -seven Thousand,
Six Hundred Fifty Dollars ($57,650) to the County's Transpor-
tation System Fund for the purpose of operating and managing
the Eagle County Transportation System; and further, that the
Transportation System Fund be increased by like amount; and
THAT, the Treasurer of the County of Eagle is hereby
requested and directed to take all action necessary to effect-
uate the intent of this Resolution; and
THAT, pursuant to Section 29 -1- 111.6, C.R.S., this
Resolution, as proposed, has been published in full one time
in a newspaper having general circulation within the terri-
torial limits of the County of Eagle, State of Colorado; and
THAT, the Eagle County Finance Officer is hereby request-
ed and directed to immediately transmit an original or certi-
fied copy of this Resolution to the affected spending agencies
and the officer or employee of the County of Eagle whose duty
is to draw warrants of orders for the payment of money; and
THAT, the Eagle County Finance Officer is hereby further
requested and directed to file an original or certified copy
of this Resolution with the Division of Local Governments in
the Department of Local Affairs; and
THAT, this Resolution is necessary for the public health,
safety and welfare of the County of Eagle, State of Colorado.
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MOVED, READ AND ADOPTED by the Board of County Commis-
sioners of the County of Eagle, State of Colorado, at its
regular meeting held the a/ day of 1987.
county commissioners
COUNTY OF
COLORADO,
BOARD OF,
By:
EAGLE, STATE OF
By and Through Its
AUNTY COMMISSIONERS
�'&" & ; '-
GeorgW A. Gates, Commissioner
Commissioner seconded adoption
of the foregoing resolution. The roll having been called, the
vote was as follows:
Commissioner Richard L. Gustafson
Commissioner Donald H. Welch
Commissioner George A. Gates
This Resolution passed by (,,I �it{J; s?7nlis voteT of the Board of
County Commissioners of the County of Eagle, State of
Colorado.
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