City Council Minutes 2000 02 15 - Laserfiche WebLink

Home Browse Search

noted the 1999 projects still open are the Grant from the Downtown Business Association, School Improvements, Building Improvements for the Police Department, Telecommunications consulting, the 88th Street Project, Griffith Street Rubberized Railroad Project, Dump Truck for Operations, Landscaping Project, Lake Park Improvement, Trail Beautification Median Improvement, Tennis Court Lighting, Sewer Treatment Plant Expansion and Cart Path Completion at the Golf Course. This is a total of $1,583,903. Mayer moved that Council approve Resolution No. 13, Series 2000, amending the 2000 Budget for 1999 Open Encumbrances, seconded by Levihn. Roll call was taken. Motion passed by a vote of 6-0. RESOLUTION NO. 14, SERIES 2000 - A RESOLUTLION DESIGNATING PART OF THE FUND BALANCE OF THE CAPITAL PROJECTS FUNDS FOR THE FUTURE DEVELOPMENT OF A COMMUNITY PARK, AND FUTURE DEBT REDUCTION Davidson called for Staff introduction. Dianne Ray, Director of Finance, stated that as part of the 2000 budget process, Council designated part of the Fund Balance of the Capital Projects Fund for the future development of a community park to be built in 2002 and future debt reduction that will be called in 2003. Each has been designated of $100,000. Sisk moved that Council approve Resolution No. 14, Series 2000, which designates part of the fund balance of the capital projects funds for the future development of a community park, and future dept reduction, each in the amount of $100,000, seconded by Mayer. Roll call vote was taken. Motion passed by a vote of 6-0. RESOLUTION NO. 15, SERIES 2000 - A RESOLUTION APPROVING A PURCHASE AGREEMENT TO BUY AND SELL WATER RIGHTS Davidson called for Staff introduction. Tom Phare, Director of Public Works, stated that Resolution No. 15, Series 2000 provides for approval of an Agreement between Boulder County and the City of Louisville for the sale and exchange of water rights. Louisville will be providing historic water rights, if purchased, from an individual that sold their farm to Boulder County. The historic water from the farm will be returned to the farm. In consideration for providing these water rights to the County, the City of Louisville will be obtaining 30 units of CBT and $90,000 cash, as well as acquisition of CBT water at market rates. Conveyance of the historic water rights to Boulder County will eliminate the necessity of going through a court proceeding to transfer the water to municipal use.