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HomeMy WebLinkAboutFURA 26-01 Amending the FURA Budget for Fiscal Year 2025 -01-14-2026FIRESTONE URBAN RENEWAL AUTHORITY RESOLUTION NO.2026 - 01 A RESOLUTION OF THE FIRESTONE URBAN RENEWAL AUTHORITY AMENDING THE BUDGET FOR THE FIRESTONE URBAN RENEWAL AUTHORITY FOR FISCAL YEAR 2025 WHEREAS, on October 16`h, 2024 the Board of Commissioners of the Firestone Urban Renewal Authority ("Authority") adopted the Authority's 2025 Budget ("Budget"); and WHEREAS, as required by law the Authority has published notice of and held a public hearing regarding the proposed supplemental appropriations; and WHEREAS, the Board of Commissioners deems it in the best interest of the Authority to adopt this resolution amending the Budget and appropriations for the Central FURA and the Big Horn FURA for the purposes as set forth in Exhibit A. WHEREAS, the amended 2025 budget, as revised by this Resolution, remains in balance as required by law; and NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE FIRESTONE URBAN RENEWAL AUTHORITY: Section 1. This Resolution is enacted as a supplemental budget and appropriation pursuant to C.R.S. § 29-1-109. INTRODUCED, READ AND ADOPTED this 14th day of January, 2026. FIRESTONE URBAN RENEWAL AUTHORITY By: ATT ST: issy Carranco, Recording Secretary Chairperson e`= EXHIBIT A 2025 Original 2025 Amended DESCRIPTION Budget Budget Modification Budget F�resigneUrban Renewal Authority Fund -Central Y ° ` ' z, Transfer Out - 325,540.00 Transfer In - 1,250,000.00 n 325,540.00 1,250,000.00 Firestone Urban ReoewalAuthority Fiind Big=Ho_m-� aI44 r3= ,wa_ t _� Transfer Out 1,887,732.00 525,071.00 2,412,803.00