HomeMy WebLinkAbout1987-03 Amending Resolution 1, Series of 1980 Changing the Name of the Capital Improvement and Open Space Fund of the Town to the Capital Projects Fund of the TownRESOLUTION N0. 3
Series of 1987
A RESOLUTION AMENDING RESOLUTION N0. ]., SERIES OF 1980;
CHANGING THE NAME OF THE CAPITAL IMPROVEMENT AND OPEN
SPACE FUND DF THE TOWN TO THE CAPITAL PROJECTS FUND OF
THE TOWN.
WHEREAS, Resolution No. 1, Series of 1980, created the Capital Improvement and
Open Space Fund of the Tawn; and
WHEREAS, in fact, the primary purpose of said Fund is not to purchase Open Space
within the Town; and
WHEREAS, the majority of funds for the purchase and creation of Open Space
within the Town come from the Real Estate Transfer Tax Fund.
NOW, THEREFORE, be it resolved by the Town Council of the Town of Vail,
Colorado, as follows:
1. Resolution Na. I, Series of 1980, is hereby amended so that the title of
the Fund created by said Resolution is hereby changed from the Gapital Improvement
and Open Space Fund of the Town to the Gapital Projects Fund of the Town.
2. This Resolution shall take effect immediately upon its passage.
INTRODUCED, READ, APPROVED AND ADOPTED this 3rd day of February , 1987.
l
PauTrR. Job Mayor
ATTEST:
r
Pamela A. Brandmeyer, Town (1/lerk