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RESOLUTION NO. 41 <br />SERIES 2008 <br />A RESOLUTION AMENDING THE 2008 BUDGET BY INCREASING <br />APPROPRIATIONS IN THE GENERAL FUND AND CAPITAL PROJECTS <br />FUND FOR PROPERTY ACQUISITION. <br />WHEREAS, the need exists to amend the 2008 budget by increasing the <br />appropriations in the General Fund and Capital Projects Fund; and <br />WHEREAS, the need to amend the 2008 budget arises from the intent to <br />purchase property; and <br />WHEREAS, the revenue for the increase in appropriations will come from <br />the unreserved and undesignated reserves of the General Fund and a transfer of <br />those reserves to the Capital Project Fund. <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br />THE CITY OF LOUISVILLE, COLORADO: <br />SECTION 1. That the 2008 General Fund appropriation be increased by <br />$1,512,500 from $13,657,650 to $15,170,150. <br />SECTION 2. That the 2008 Capital Projects Fund appropriation be <br />increased by $1,512,500, from $7,570,832 to $9,083,332 and that the Capital <br />Project Fund revenue budget be inncreased by $1,512,500, from $4,910,000 to <br />$6,422,500. <br />PASSED AND ADOPTED 1:his 2nd day of September 2008. <br />a ~3~,, <br />~~ sm~° e• ~lf ro <br />A `i <br />. ~., S' S0 5'A <br />~jr w `` <br />°` D ' <br /><. A <br />~~M ~~ <br />~ D <br />s ~ <br />+ ~ <br />A . ST: ~` <br />~ a~~~aaa~: Aga ~~ <br />C .Sisk, Mayor <br />ncy Va~ra, City Clerk <br />