Resolution No. 2 - Parking
RESOLUTION NO.2
A RESOLUTION CONCERNING THE CITY OF BOULDER,
BOULDER JUNCTION ACCESS COMMISSION GENERAL
IMPROVEMENT DISTRICT - PARKING FUND, ADOPTING A
BUDGET FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2012
WHEREAS, Chapter 8-4 of the Revised Code of the City of Boulder requires that
the Board annually determine the amount of money necessary to be raised for the District
by an ad valorem tax levy on the taxable property in the District; and
WHEREAS, said chapter provides that prior to the start of proceedings for said
levy of taxes, the Board shall prepare and adopt a budget, and
WHEREAS, all requirements of said chapter pertaining to the giving of public
notice have been accomplished; and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL, ACTING
AS THE BOARD OF DIRECTORS OF BOULDER JUNCTION ACCESS
COMMISSION GENERAL IMPROVEMENT DISTRICT - PARKING that:
Section 1. Estimated expenditures for fiscal year 2012 are as follows:
Operations S17,314
Debt Service 0
TOTAL $17,314
Section 2. Estimated revenues for fiscal year 2012 to fund the above expenditures
are as follows:
Property Taxes $ 13,021
Parking Meter Revenue Transferred from General Fund 3,902
Ownership Tax 391
TOTAL $17,314
Section 3. The proposed budget as submitted and hereinabove summarized be
adopted as the budget of the City of Boulder, Boulder Junction Access Commission
General Improvement District Parking Fund for the 2012 fiscal year.
ADOPTED this 1 S`h day of October, 2011.
i
Chair
Attest:
Secretary