Title
AN ORDINANCE AMENDING THE 2015 BUDGET OF THE CITY OF COMMERCE CITY, COLORADO BY APPROPRIATING A PORTION OF THE UNENCUMBERED FUND BALANCE OF THE GENERAL FUND IN THE AMOUNT OF $80,000 FOR THE ANNUAL APPROPRIATION TO THE BOYS AND GIRLS CLUBS OF METRO DENVER, INC., AND THE EXPENDITURE THEREOF.
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Summary and Background Information:
The city is obligated to provide the club with funding in an annual amount equal to Eighty Thousand Dollar ($80,000) once the club opens. Urban Renewal Authority donated to the club a 2.5 acre parcel of the Mile High Greyhound Park property for exclusive purpose of operating a Boys & Girls Club in Commerce City. Groundbreaking of the facility occurred October 2014
Staff Responsible (Department Head): Sheryl Carstens
Staff Member Presenting: Sheryl Carstens
Financial Impact: $80,000/yr
Funding Source: General Fund
Staff Recommendation: I move to approve Ordinance 2040