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HomeMy WebLinkAboutbocc.res.013.2018 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS ('BOCC') OF PITKIN COUNTY, COLORADO, PROVIDING SUPPLEMENTAL APPROPRIATIONS TO THE 2018 BUDGET AND AMENDING THE 2018 BUDGET FOR THE ACQUISITION OF PHILLIPS MOBILE HOME PARK AND RELATED EXPENDITURES RESOLUTION NO. 65/3 , 2018 RECITALS: 1) Pursuant to Section 2.8.3 (Actions) of the Pitkin County Home Rule Charter("HRC")official action by formal resolution shall be required for all actions of the Board not requiring ordinance power on matters of significant importance affecting citizens; and 2) Pitkin County desires to amend its 2018 budget and approve supplemental budget appropriations from the funds set forth in this Resolution in order to fund unanticipated but necessary operating expenditures and capital outlay; and 3) Unappropriated fund balance (reserves and prior year savings) is available and adequate to cover the new appropriations; and 3) Upon due and proper notice, published in accordance with the law,said supplemental budget was open for inspection by the public at a designated place, a public hearing was held on March 14, 2018 and interested citizens were given an opportunity to file or register any objections to said supplemental budget. 4) The BOCC finds that it is in the best interests of the citizens of Pitkin County to approve this Resolution. NOW THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Pitkin County, Colorado that it hereby adopts a resolution providing supplemental appropriations to the 2018 budget and amending the 2018 budget as shown below and authorizes the Chair to sign the Resolution upon the satisfaction of the County Attorney as to form, execute any other associated documents necessary to complete this matter. BUDGET APPROPRIATIONS: 2018 Revenue Expenditure Revised Budget Change Change Budget Property Management Contract - - 91,680 91,680 Property Maintenance&Repair - - 48,320 48,320 Property Acquisition 1,500,000 - 6,450,000 7,950,000 Site Improvements Contracted Services - - 200,000 200,000 - 6,790,000 CHANGE IN FUND BALANCE: HOUSING FUND - 6,790,000 NET INCREASE/(DECREASE) FUND BALANCE (6,790,000) TOTAL FOR RESOLUTION Revenue Expenditure Change Change HOUSING FUND TOTAL - 6,790,000 TOTAL NET INCREASE HOUSING FUND BALANCE (6,790,000) INTRODUCED AND FIRST READ ON THE 28TH DAY OF FEBRUARY,2018 AND SET FOR SECOND READING AND PUBLIC HEARING ON THE 14TH DAY OF MARCH, 2018 NOTICE OF PUBLIC HEARING AND TITLE AND SHORT SUMMARY OF THE RESOLUTION PUBLISHED IN THE ASPEN TIMES WEEKLY ON THE /.41 DAY OF }p/a,yi.,L , 2018 NOTICE OF PUBLIC HEARING AND THE FULL TEXT OF THE RESOLUTION POSTED ON THE OFFICIAL PITKIN COUNTY WEBSITE (www.pitkincounty.com)ON THE / DAY OF n'JGA,u._ , 2018. ADOPTED AFTER FINAL READING AND PUBLIC HEARING ON THE 14TH DAY OF MARCH, 2018 PUBLISHED BY TITLE AND SHORT SUMMARY, AFTER ADOPTION, IN THE ASPEN TIMES WEEKLY ON THE 9-lja DAY OF , 2018. POSTED BY TITLE AND SHORT SUMMARY ON THE OFFICIAL PITKIN COUNTY WEBSITE (www pitkincounty.com)ON THE /VA.' DAY OF , 2018 ATTE'T / BOARD OF COUNTY COMMISSIONERS 4( _ ' Pr ane, e Jones Patti Clapper, Chair Depu County Clerk DATE: 03 , 02( " c'0 (g APPROVED AS TO FORM MANAGER APPROVAL: John8, County Attorney---County Attorney--- Jon Peacock, County Manager