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HomeMy WebLinkAboutbocc.res.057.1997 .:�... � , !�>,;�„,;3.. �'.�:�`. �>-ti�' ,•.: n�.'-hr.,,: . '..i..:�:�.�'•. A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF PITKIN COUNTY, •',::�� "� COLORADO,APPROVING SUPPLEMENTAL BUDGETS FOR THE 1/2 CENT TRANSTT SALES AND USE TAXES FOR 1997 ' +� �%. Resolution#97-� • �, �� RECtTALS 1. The Aspen City Council,the Pitkin County Board of County Comtnissioners and �!`t' the Town Council of Snowmass Village(the"Parties")have previously identified general elements s.:;..�� of their Comprehensive Valley Transportarion Plan(the"Plan")which are eligible for funding from the Pitkin County one-half cent transit sales and use taac. , „ 2, By intergovemmental agreement dated September 14,1993,the Parties agreed: , : .. �� a. to conduct regulaz public meetings to continue to refine and agree upon R proposed projects and transportation elements consistent wiHi or complimentary to j the Plan;and i : b. that all expenditures and projects to be funded from the County-wide one- r � half cent transit sales and use taac shall be agreed upon by the Parties and evidenced t ' ! by a resolution adopted 6y tlie goveming body of each party. . � - . � i 3. By prior resolution the Parties budgeted$1,624,000 from tlie one-half cent transit sales and use tax in 1996 for[he upper-valley share of the purehase of the rail right-of-way in the • ' Roaring Fork Valley. However,the right-of-way purchase has been delayed into 1997,requiring �. ' _ reauthori7ation of this budget for 1997. i � ` 4. Great Outdoors Colorado("GOCO")has granted$2 million toward the purchase of the rail right-of-way,but only$1 million will be made available at closing with tkte remainder to be paid within three years. At a public meeting held on January 9, 1997,the Parties considered and ' approved making up this shortfatl at closing with$i million from the one-half cent transit sales and ` use tax. Atfachment"A"illustrates flie$2 million GOCO grant expenditure for the right-of-way in , 1997 with only$1 million of the grant revenue budgeted in 1997 and the remainder anticipated in � `i 1949. t 5. The Colorado Department of Transportation("CDOT"'),Garfield County,and Eagle County have granted$3 million,$500,000, and$1OQ000,respectively,towazd the purchase of the j rail right-of-way,and such amounts need to be appropriated as revenues and expenditures in the 1997 budget. � 6. At a public meeting I�eid on February 6,1997,the Parties considered and approved ' the expenditure of up to $3Q000 from the one-half cent transit sales and use tax for a Transportation Linkages Workshop,with 50%of the cost to be reimbursed by the Aspen Skiing �" Company. . - . t -: t � �'a�"� � . ',. � � .. � ,.... �__ ., r�;�;: �; , ? �' : �r `�• �. �;:",7y^!:';i;.: 4'�} �.: .. 7. Budgetarily, more revenues are anticipated to be received in 1997 than were '�r•�� ' appropriated, resulting in a portion of unappropriated fund balance available for unanticipated " ,': expenditures that occur during the yeaz;and :..', � 8. Upon due and proper notice, published in accordance with the Pitkin County 1�`. .• Homerule Charter and state budget law,said supplemental budget was open for inspection by the public at a designated place,a public heazing was he�d on February 26,1997,and interested citizens �;: `? � were given an opportunity to file or register any objections to said supptementa(budget. ' � 7. ,k,. . :.lF`;. . NOW THEREFORE BE IT RESOLVED by the$oazd of County Commissioners of Pitkin •.>.• County,Colorado, that the following supplemenial 1997 one-l�alf cent transit sales and use taac '�; ' revenue and expenditure budgets are hereby approved,as follows. ''• Previous Revised �'���-.: $udget This Ch�gge Proj Budept '�' $ $ $ 0.5 CENT TRANSIT SALES AND USE TAX FUND � � :•,J, I?&RGW Right-of-W,�v de�,nrtment ' ' Right of Way revenue: `���•` Great Outdoors Co[orado Grant $1,000,000 '�' " Colorado Department of Transportation Grant 3,000,006 � 'ii � Garfield County Grant 500,000 '� - Eagle County Grant 100,000 '' Reimbursement of Expenditures 15.000 ;{, �, ' $4,615,000 D&RGW Right-of-Way total revenues 0 4,615,000 4,615,000 Right of Way expenditures: . D&RGW ROW Acquisition(EOTC shaze) $1,624,000 . D&RGW ROW Acquisition(GOCO grant) 2,000,000 � k D&RGW ROW Acquisition(CDOT grant) 3,000,000 D&RGW ROW Acquistion(Garfield County grant) 500,000 � D&RGW ROW Acquisition(Eagle County grant) 100,000 Transportation Linkages Workshop 3Q.OQ0 $7,254,000 ,. " D&RGW Right-of-Way total expenditures 0 7,254.000 7,254,000 , ;�• ' Net pragram cost 2,639,000 ;, .4, 0.5 CENT TRANSIT SALES AND USE TAX FUND TOTAL �1� IYET REVENUE(EXPENDITTJRES)CHANGE 2,639,000 �- ,.. , � -_ . - .:� i ",... ., , / r ��.:. .., ; _ . -,., . , ; �-_ . -__�. ,�,_:. �.�., . . . . ,�.:.. ,:.,.. � _,:. __... . ,r�i�y�`��b , � �% =M�L l` : r ^ .9t ». �,L*`.-�a. .. ..i�: '�;'.-l. INTRODUCED,FIRST READ,AND SET FOR PUBLIC HEARING AT THE ~= REGULAR MEETING ON THE 12TH DAY OF FEBRUARY, 1997. '-' .,�� NOTICE OF PUBLIC HEARING PUBLISHED IN THE ASPEN TIMES ON THE ��,� �' 14TH DAY OF, FEBRUARY, 1997 , �:::. APPROVED AND ADOPTED AFTER SECOND READING ON THE 26TH DAY OF :.:�>;.�:�'� FEBRUARY,1997 AND CONTINUED TO A THIRD READING AND PUBLIC HEARING � �k., : ON THE 12TH DAY OP MARCH, 1997. #�`-;:,. PUBLISHED AFTER ADOPTION IN THE ASPEN TIMES WEEKLY ON THE 22ND DAY OF MARCH, 1997. �;� ATTEST: ,.� ` t. BOARD OF COUNTY COMMISSIONERS ;::i % OF PITKIN CO Y,COLORADO :� , � A�. ;;i ' ,� �� � (iY By: � !� � J�nette Jones ;' Bill T ite,Chairman � - - D�puty Clerk&Recorder ���/�� ry - Date: APPROVED AS TO FORM: MAN AP V • ..r� _ John Ely,� ttorney uzanne Konchan, ounty Manager � APPROVED AS TO CONTENT: RECOMMENDED FOR APPROVAL: � /.��t �%�� �. ' nn Dunlop,B dget Director Tom Oken,Administrative Services Director t \lhdc\winword�reso�reso97-l.doc ;i � :�� F f� �i! . �.,� _ � 1 ' _ }i ' � r� ir. - . .. . . � . .. . � � .. �� . � . ''�'��'��_' � . • y . �. r • 1 ��" _-�--� ..�-'--• _.'_— .___._�� .. . ._ ._ ..�_.. ... - •.�.)