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HomeMy WebLinkAboutFDDA 2026-01 Adopting Annual Budget for Fiscal Year 2025 - 01-14-2026FIRESTONE DOWNTOWN DEVELOPMENT AUTHORITY RESOLUTION NO.2026 -01 A RESOLUTION OF THE FIRESTONE DOWNTOWN DEVELOPMENT AUTHORITY ADOPTING THE ANNUAL BUDGET AND APPROPRIATING EXPENDITURES FOR THE FIRESTONE DOWNTOWN DEVELOPMENT AUTHORITY FOR FISCAL YEAR 2025 WHERE AS,the proposed annual budget for the Firestone Downtown Development Authority (the "Annual Budget")for the fiscal year beginning upon the creation of the Firestone Downtown Development Authority on July I,2025 and ending on December 31,2025 (the "Fiscal Year 2025")attached as Exhibit A and incorporated herein by reference,has been prepared and submitted to the Board of Commissioners;and WHEREAS,the Annual Budget contains all of the matters required by law and is in balance as required by law;and WHEREAS,a public hearing has been held on the Annual Budget following public notice of the same. NOW,THEREFORE,BE IT RESOL VED BY THE BOARD OF DIRECTORS OF THE FIRESTONE DOWN TOWN DEVELOPMENT AUTHORITY: Section l. Section 2. Section 3. Annual Budget. The foregoing Recitals are incorporated herein by this reference. The Annual Budget is hereby approved and adopted. Moneys are hereby appropriated for the Fiscal Year 2025 as provided in the Section 4.The Secretary and the Treasurer of the Firestone Downtown Development Authority are hereby directed to file a certified copy of the 2025 Annual Budget with the office of the Division of Local Government,Department of Local Affairs,State of Colorado,as required by C.R.S.$29-1-101,et seq. INTRODUCED,READ AND ADOPTED this 14"day of January,2026. CENTRAL FIRESTONE DISTRICT a DOWNTOWN DEVELOPMENT AUTHORITYe.leaL6Ki6.cair 36906618.1 ATTEST: Missy Carranco,Deputy Town Clerk APPROVED AS TO FORM: 36906618.1 2 EXHIBIT A DESCRIPTION Firestone Downtown Development Authority Fund Purchased Services 2025 Original Budget Budget Modification 175,000.00 2025 Amended Budget 175,000.00