City Council Minutes 1996 12 03 - Laserfiche WebLink

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Lathrop was less irritated with the speed bump than with the procedure that was used, such as notification. REGULAR BUSINESS 1997 BUDGET - PUBLIC HEARING Dianne Ray, Finance Director, reviewed the 1997 Budget. Davidson opened the public hearing calling for anyone wishing to speak on the 1997 Budget. NONE Davidson closed the public hearing. ADOPTION OF 1997 BUDGET (1) RESOLUTION NO. 71, SERIES 1996 - SUMMARIZING EXPENDITURES AND REVENUES FOR EACH FUND AND ADOPTING A BUDGET FOR THE CITY OF LOUISVILLE, COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 1997 AND ENDING ON THE LAST DAY OF DECEMBER, 1997 Sisk moved that Council adopt Resolution No. 71, Series 1996, adoption of the 1997 Budget, seconded by Mayer. Bill Simmons, City Administrator, reminded Council of the appropriation to the Louisville Housing Authority for the construction of the Lydia Morgan Apartments in the amount of $120,000. The most direct way would be to amend the Budget. He passed out a hand-out reflection of the addition of$120,000 to the schedules attached to Resolutions No. 71 & 72. Staff recommended that a line item be added into the Budget Legislative account showing that the Louisville Housing Authority would be granted the amount of$120,000. Boulder County is contributing $40,000 to the project. Sisk and seconder Mayer accepted that as a friendly amendment. Roll call was taken. Motion passed by a 6 - 0 vote with Howard being absent. (2) RESOLUTION NO. 72, SERIES 1996 - ANNUAL APPROPRIATION RESOLUTION FOR THE FISCAL YEAR BEGINNING JANUARY 1, 1997 AND ENDING DECEMBER 31, 1997 FOR THE CITY OF LOUISVILLE Sisk moved that Council approve Resolution No. 72, Series 1996, appropriation of funds for the 1997 Budget including the amended Appendix A, seconded by Lathrop. Roll call was taken. Motion passed by a 6 - 0 vote with Howard being absent. 3