URA Res. No. 2009-05AVON URBAN RENEWAL AUTHORITY
TOWN OF AVON, COLORADO
RESOLUTION NO. 09-05
SERIES OF 2009
A RESOLUTION AMENDING THE
2009 AVON URBAN RENEWAL AUTHORITY BUDGET
WHEREAS, the Board of Commissioners of the Avon Urban Renewal Authority has
previously adopted the 2009 budget;
WHEREAS, the Board of Commissioners of the Avon Urban Renewal Authority reviewed
the revised estimated revenues and expenditures for all funds for 2009;
WHEREAS, the Board of Commissioners of the Avon Urban Renewal Authority finds it
necessary to amend the 2009 budget to more accurately reflect the revenues and expenditures for
2009;
WHEREAS, upon due and proper notice, published or posted in accordance with the law,
the proposed budget amendment to the 2009 budget was open for inspection by the public at a
designated place, a public hearing was held on November 10, 2009 and interested taxpayers were
given the opportunity to file or register any objections to the proposed budget amendment; and
WHEREAS, whatever increases may have been made in the expenditures, like increases
were added to the revenues so that the budget remains in balance as required by law.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS
OF THE AVON URBAN RENEWAL AUTHORITY:
Section 1. That estimated revenues and expenditures for the Avon Urban Renewal Authority
are revised as follows for 2009:
Ending Fund Balance $ 961,639
Avon Urban Renewal Authority
Resolution No. 09 -05
Page 1 of 2
Current
Proposed
Amended
2009 Budget
$ 19,236,053
7,827,779
26,555,762
� 508.070
Original or
Previously
Amended
2009 Budget
Avon Urban Renewal Authority
Beginning Fund Balance
$ 19,236,053
Revenues and Other Sources
7,776,348
Expenditures and Other Uses
26,050,762
Ending Fund Balance $ 961,639
Avon Urban Renewal Authority
Resolution No. 09 -05
Page 1 of 2
Current
Proposed
Amended
2009 Budget
$ 19,236,053
7,827,779
26,555,762
� 508.070
Section 2. That the budget, as submitted and amended hereby is approved and adopted as the
budget of the Avon Urban Renewal Authority for the year stated above.
Section 3. That the budget hereby approved and adopted shall be signed by the Chairman
and made part of the public record of the Authority.
ADOPTED this 24th day of November, 2009.
Avon Urban Renewal Authority
Resolution No. 09 -05
Page 2 of 2
Mae-low" "'.1 "I"ROMICAMM, MAIRVIUMMI'M
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C. Wolfe, Chairman