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HomeMy WebLinkAboutR80-54 Transfer of Funds Highway User's Taxm RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS -' COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 80 - -5'//- TRANSFER OF FUNDS AiD SUPPLE I';ErITA.L APPROPRIATION - HIGHWAY USER'S TAX WHEREAS, the 1980 session of the Colorado State Legislature voted on and passed a special appropriation of Highway User's Tax Fund monies for the purpose of providing local governments with additional revenues for road improvements and maintenance in fiscal year 1980; and WHEREAS, the Eagle County share of this special appropriation is One Hundred Sixty One Thousand Nine Hundred Sixty Eight Dollars and Seven Cents, ($161,968.07); and WHEREAS, this amount is unantt�ipated-revenees- for -1980; and WHEREAS, the Board of County Commissioners, County of Eagle, State of Colorado, desires to use said monies in fiscal year 1980 for road improvements and maintenance; and WHEREAS, One Hundred Sixty One Thousand Nine Hundred Sixty Eight Dollars and Seven Cents ($161,968.07) has been received from the State of Colorado and deposited in the Eagle County Road and Bridge Fund; and lHEREAS, the Board of County Commissioners has previously approved and established an account in the Public Works Fund for improvement and construction of Lake Creek Road. ;NOW, THEREFORE, be it resolved by the Board of County Commissioners, County of Eagle, State of Colorado. THAT, the County Treasurer, County of Eagle, State of Colorado, is hereby requested and directed to transfer from the Road and Bridge Fund the amount of One Hundred Twenty Thousand Dollars to the Public Works Fund; the reason for said transference being that said amount is required to meet obligations resulting from the improvement and construction of Lake Creek Road. THAT, One Hundred Twenty Thousand Dollars, ($120,000) of the special Highway User's Tax Fund payment be appropriated in the Public Works Fund to supplement monies already appropriated for the construction and improvement of Lake Creek Road in conjunction with contractual arrangements with Troxel Construction. THAT, the reamining Forty One Thousand Nine Hundred Sixty Eight Dollars and Seven Cents (S41,968.07) be appropriated to the Road and Bridge Fund to help defray cost overruns in fuel purchases which resulted from increased fuel prices" and greater consumption than anticipated. THAT, the Administrative Assistant is hereby requested and directed to transnit a copy of this Resolution to all affected County Departments and offices and to the officer of the County whose duty it is to draw warrants or orders for the payment of money; THAT, the Administrative Assistant is hereby requested and directed to T ile a certified copy of this Resolution with the Division of Local Governments in the Department of Local Affairs. THAT, the Board finds, determines.and declares that this Resolution is necessary for the public health, safety and welfare of the citizens of the County of Eagle, State of Colorado. h10NED; READ AND UNANIMOUSLY adopted at a - -_� meeting of the Board of County Commissioners, County of agle, State of Colorado, held this day of , 19 ,Qd COUNTY OF EAGLE, STATE OF COLORADO By and through it's BOARD OF COUNTY COMMISSIONERS Dale F. Grant, Chairman Keith Troxel, Commissioner Dan lJi lams, Commissioner ATTEST: C' rk �Ofthe Board f C only Commissioners