HomeMy WebLinkAbout952435.tiff RESOLUTION
RE: ESTABLISH RESERVES IN FISCAL YEAR 1995 IN COMPLIANCE WITH AMENDMENT
ONE (TABOR)
WHEREAS, the Board of County Commissioners of Weld County, Colorado, pursuant to
Colorado statute and the Weld County Home Rule Charter, is vested with the authority of
administering the affairs of Weld County, Colorado, and
WHEREAS, State Constitutional Amendment One (TABOR), which passed on November 3,
1992, allows for the establishment of emergency reserves, and
WHEREAS,the Director of Finance and Administration has recommended that reserves be
established in fiscal year 1995 in the amount of $3,700,000.00 for the future capital needs of the
County.
NOW, THEREFORE, BE IT RESOLVED by the Board of County Commissioners of Weld
County, Colorado, that reserves in the amount of $3,700,000.00 be, and hereby are, created as
provided by Amendment One (TABOR) for future capital needs.
BE IT FURTHER RESOLVED by the Board that said reserves be designated in the following
funds:
FUND AMOUNT
Capital Expenditure Fund $3.700,000.00
TOTAL $3,700,000.00
The above and foregoing Resolution was, on motion duly made and seconded, adopted by
the following vote on the 18th day of December, A.D., 1995.
BOARD OF COUNTY COMMISSIONERS
I�� WAD COUNTY, COL RAD
ATTEST: f i 14let 2 _L
,4t Daly Hall, Chairman
Weld Coun,r ,, ,(y). a
j fjam + M4 / 7rbar J. Kirkmeyer, Pr Tem 7
BY: • JAE.'f
Deputy Cl&:.: S BrAt oa C" 71 x�<
George E. Baxter
AP ED AS TO FOR • FXCI ISFP PATE OF SIfNINf (AYE)
Constance L. Harbert
our y Attorney �` t r
W. H. Webster (.
952435
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