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HomeMy WebLinkAbout09799RESOLUTION NO. 9799 A RESOLUTION APPROVING THE URBAN RENEWAL AUTHORITY OF PUEBLO, COLORADO'S AMENDED FISCAL YEAR 2003 CONVENTION CENTER AND URA OPERATING BUDGET AND REPEALING RESOLUTION NO. 9762 BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The Urban Renewal Authority of Pueblo, Colorado's ( "Authority ") amended fiscal year 2003 Convention Center and URA Operating Budget ( "Amended 2003 Budget "), a copy of which is attached hereto, is hereby approved. SECTION 2 The Estimated Beginning Excess Proceeds in the amount of $1 million and the Project Ending Total Excess Proceeds in the amount of $1,218,084 shown on the Amended 2003 Budget shall not be committed or expended by the Authority other than to reinvest same without prior approval of City Council by Resolution. SECTION 3 Resolution No. 9762 is hereby repealed. INTRODUCED February 24, 2003 BY Al Gurule Councilperson APPROVED: President of City Council ATTEST: 0 •