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TC Res. No. 2014-09 AMEND THE 2014 TOWN OF AVON CAPITAL PROJECTS FUND BUDGETTOWN OF AVON, COLORADO RESOLUTION NO. 14 -09 SERIES OF 2014 A RESOLUTION TO AMEND THE 2014 TOWN OF AVON CAPITAL PROJECTS FUND BUDGET A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES BY FUND AND AMENDING THE 2014 CAPITAL PROJECTS FUND BUDGET FOR THE TOWN OF AVON, COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 2014 AND ENDING ON THE LAST DAY OF DECEMBER, 2014 WHEREAS, the Town Council of the Town of Avon has previously adopted the 2014 Capital Projects Fund budget; and WHEREAS, the Town Council reviewed the revised estimated revenues and expenditures for 2014; and WHEREAS, the Town Council finds it necessary to amend the 2014 Capital Projects Fund budget to more accurately reflect the revenues and expenditures for 2014; and WHEREAS, the Town Council has caused to be published a notice containing the date and time of a public hearing at which the adoption of the proposed budget amendment will be considered and a statement that the proposed budget amendment is available for public inspection at the office of the Town Clerk located in the Avon Town Hall during normal business hours, and that any interested elector of the Town of Avon may file any objection to the proposed budget amendment at any time prior to the final adoption of 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 TOWN COUNCIL OF THE TOWN OF AVON, COLORADO: Section 1. That estimated revenues and expenditures for the Capital Projects Fund are revised as follows for 2014: Town of Avon Resolution No. 14 -09 Page l of 2 Section 2. That the Capital Projects Fund budget, as submitted, amended, and hereinabove summarized by fund, 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 as hereby approved and adopted shall be signed by the Mayor and made part of the public record of the Town. ADOPTED this 22nd day of April, 2014. TOWN OF AVON, COLORADO — I i;? �� Richard Carroll, ,Mayor ATTEST: OCYRO — Debbie Hoppe Town Clerk Town of Avon Resolution No. 14 -09 Page 2 of 2 Original or Current Previously Proposed Amended Amended 2014 Budd 2014 Budget Capital Proiects Fund Beginning Fund Balance $ 3,256,169 $ 3,624,653 Revenues and Other Sources 4,300,754 4,509,200 Expenditures and Other Uses 6,391,154 6,868,979 Ending Fund Balance $__1,165,769 1,264,874 Section 2. That the Capital Projects Fund budget, as submitted, amended, and hereinabove summarized by fund, 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 as hereby approved and adopted shall be signed by the Mayor and made part of the public record of the Town. ADOPTED this 22nd day of April, 2014. TOWN OF AVON, COLORADO — I i;? �� Richard Carroll, ,Mayor ATTEST: OCYRO — Debbie Hoppe Town Clerk Town of Avon Resolution No. 14 -09 Page 2 of 2