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<br />RESOLUTION NO. 36 <br />SERIES 2009 <br /> <br />A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR <br />EACH FUND AND ADOPTING A BUDGET FOR THE CITY OF LOUISVILLE, <br />COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY <br />OF JANUARY 2010 AND ENDING ON THE LAST DAY OF DECEMBER 2010. <br /> <br />WHEREAS, the City Council of Louisville has appointed the City Manager <br />to prepare and submit a proposed budget to said governing body at the proper <br />time; and <br /> <br />WHEREAS, the City Manager submitted a proposed budget to this <br />governing body on October 13,2009, for its consideration; and <br /> <br />WHEREAS, upon due and proper notice, published or posted in <br />accordance with the law, said proposed budget was open for inspection by the <br />public at a designated place, a public hearing was held on October 20, 2009, and <br />interested taxpayers were given the opportunity to file or register any objections <br />to said proposed budget; and <br /> <br />WHEREAS, whatever increases may have been made in the <br />expenditures, like increases were added to the revenues, or reserves have been <br />used, so that the budget mrnains in balance, as required by law. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br />THE CITY OF LOUISVILLE, COLORADO: <br /> <br />SECTION 1. That the estimated revenue and expenditures for each fund as <br />provided for in the budget, are as summarized below in Schedule A. <br /> <br />SECTION 2. That the budget as submitted, amended, and herein summarized by <br />fund, a copy of which is attached hereto and incorporated herein by this <br />reference, hereby is approved and adopted as the budget of the City of Louisville <br />for the calendar year be~linning on the first day of January, 2010 and ending on <br />the last day of December, 2010. <br /> <br />SECTION 3. That the budget hereby approved and adopted shall be signed by <br />the Mayor and City Clerk and made a part of the public record of the City of <br />Louisville. <br />