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Resolution No. 14 <br />Series 2000 <br /> <br />A RESOLUTION DESIGNATING PART OF THE FUND BALANCE OF THE <br />CAPITAL PROJECTS FUND FOR THE FUTURE DEVELOPMENT OF A <br />COMMUNITY PARK AND FUTURE DEBT REDUCTION <br /> <br />WHEREAS, the City of Louisville, Colorado desires to build a community park and <br /> prepay debt; and <br /> <br />WHEREAS, <br /> <br />the funding for the community park and future debt reduction will be <br />designated annually to provide future funding for the express purposes of <br />building the park and early retirement of debt; and <br /> <br />WHEREAS, <br /> <br />during the 2000 budget process the City Council determined that $100,000 <br />would be designated in 2000 for a community park and $100,000 would <br />be designated in 2000 for future debt reduction. <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br />CITY OF LOUISVILLE, COLORADO that of the fund balance of the Capital Projects <br />Fund there is hereby designated the amount of $100,000 for the specific purpose of <br />providing future funding to build a community park and the additional amount of <br />$100,000 for the specific purpose of providing future funding for early debt reduction. <br /> <br />Nancy Varr], Citf Cl~rl~ <br /> <br />SED AND ADOPTED this 15th day of February, 2000. <br /> <br />To~'"'Davidson, Mayor <br /> <br /> <br />