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TC Res. No. 2009-32 AMEND THE 2009 TOWN OF AVON CAPITALTOWN OF AVON RESOLUTION NO. 09-32 SERIES OF 2009 A RESOLUTION TO AMEND THE 2009 TOWN OF AVON CAPITAL PROJECTS FUND BUDGET A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES AND AMENDING THE 2009 CAPITAL PROJECTS FUND BUDGET FOR THE TOWN OF AVON, COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 2009 AND ENDING ON THE LAST DAY OF DECEMBER, 2009 WHEREAS, the Town Council of the Town of Avon has adopted the 2009 Capital Projects Fund budget; and WHEREAS, the Town Council has reviewed the revised estimated revenues and expenditures for 2009; and WHEREAS, the Town Council finds it necessary to amend the 2009 Capital Projects Fund budget to more accurately reflect the revenues and expenditures for 2009; 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 TOWN COUNCIL OF THE TOWN OF AVON, COLORADO: Section 1. That estimated revenues and expenditures for the Capital Projects Fund is revised as follows for 2009: Original or Current Previously Proposed Amended Amended 2009 Budget 2009 Budget Capital Projects Fund Beginning Fund Balance $ 5,584,453 $ 5,701,165 Revenues and Other Sources 5,144,956 3,024,141 Expenditures and Other Uses 5,810,286 5,251,139 Ending Fund Balance 4,919,123 3,474,167 Section 2. That the Capital Projects Fund budget, as submitted, amended, and hereinabove summarized, hereby is approved and adopted as the capital program budget of the Town of Avon for the year stated above. Section 3. That the Capital Projects Fund budget hereby approved, amended, and adopted shall be signed by the Town Manager and made part of the public record of the Town. ADOPTED this 24th day of November, 2009. TOWN O AVON, CQ� 4onald C. Wolfe, Mayor ATTEST: ^X 3 Patty cK y Tow Cler 2 RADO