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RESOLUTION NO. 59 <br /> SERIES 1998 <br /> <br />A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR EACH <br />FUND AND ADOPTING A BUDGET FOR THE CITY OF LOUISVILLE, COLORADO, <br />FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 1999 <br />AND ENDING ON THE LAST DAY OF DECEMBER, 1999. <br /> <br /> WHEREAS, the City Council of Louisville has appointed the City Administrator, to <br />prepare and submit a proposed budget to said goveming body at the proper time; and <br /> <br /> WHEREAS, the City Administrator has submitted a proposed budget to this goveming <br />body on October 13, 1998, for its consideration, and; <br /> <br /> WHEREAS, upon due and proper notice, published or posted in accordance with the <br />law, said proposed budget was open for inspection by the public at a designated place, a public <br />hearing was held on December 1, 1998, and interested taxpayers were given the opportunity to <br />file or register any objections to said proposed budget, and; <br /> <br /> WHEREAS, whatever increases may have been made in the expenditures, like increases <br />were added to the revenues so that the budget remains in balance, as required by law. <br /> <br /> NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br />CITY OF LOUISVILLE, COLORADO; <br /> <br />SECTION 1. That the estimated revenue and expenditures for each fund as provided for in the <br />budget, are as in Appendix A, attached hereto and incorporated herein by this reference, <br /> <br />SECTION 2. That the budget has submitted, amended, and herein summarized by fund, a copy <br />of which is attached hereto and incorporated herein by this reference, hereby is approved and <br />adopted as the budget of the City of Louisville for the calendar year beginning on the first day of <br />January, 1999 and ending on the last day of December, 1999. <br /> <br />SECTION 3. That the budget hereby approved and adopted shall be signed by the Mayor and <br />City Clerk and made a part of the public record of the City of Louisville. <br /> <br />PASSED AND ADOPTED this 1st day of December, 1998. <br /> <br />Tom Davidson, Mayor <br /> <br />F :XDEPTXFINANC E~BUDGET~BUDGET99~RE S ADOPT.WPD <br /> <br /> <br />