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TC Res. No. 1982-33• • RESOLUTION NO.#82-33 SERIES OF 1982 A RESOLUTION ESTABLISHING A TRANSIT FUND AND APPROPRIATING FUNDS FOR 1983. WHEREAS, the Town Council of the Town of Avon, Colorado, is desirous of establishing a Bus Transit System for the Town, and; WHEREAS, the Transit System will be funded by the Town and contributions from the private sector,, and; WHEREAS, the estimated cost of the Transit ,System for 1983 is $120,000, and; WHEREAS, the Town Council has diverted funds from the 1983.Budget to the Transit System to provide the Town's estimated share of the cost. NOW, THEREFORE, be it resolved by the Town Council of the Town of Avon, Colorado, as follows: SECTION 1 That there is hereby created a Transit Fund to be part of the Town's 1983 Budget. That the following sums are hereby appropriated in the Transit Fund Budget for 1983: Revenues: Transfer from Transfer from Fund Transfer from Amenities Fun( Contributions General Fund $ 45,000 Public Works 11,000 Recreational 3 24,000 40,000 $,120,_0Q0 Expenditures: Transit System $120,000 CT. rMTnM Z That the Town Manager and Director of Finance are hereby authorized to make the appropriate adjustments to the 1983 Budget. INTRODUCED, PASSED, RESOLVED AND ADOPTED AND ORDERED PUBLISHED ONCE IN FULL THIS 23rd DAY OF NOVEMBER, 1982. Allan R. kNottingh , Mayor ATTEST: Town Clerk -2-