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HomeMy WebLinkAbout2007-07 1st Budget Supplemental for VLMD 2007RESOLUTION N0.7 Series 2007 A RESOLUTION APPROVING THE BUDGET AMENDMENT OF THE VAIL LOCAL MARKETING DISTRICT, FOR ITS FISCAL YEAR JANUARY 1, 2007 THROUGH DECEMBER 31, 2007. WHEREAS, The Town of Vail (the `Town"), in the County of Eagle and State of Colorado is a home rule municipal corporation duly organized and existing under the laws of the State of Colorado and the Town Charter (the "Charter"); and WHEREAS, The members of the Town Council of the Town (the "Council") have been duly elected and qualified; and WHEREAS, The Vail Local Marketing District (the "VLMD") has presented the Council with an amendment to the 2007 budget, appropriating two hundred forty-five thousand dollars ($245,000.00) for marketing related expenditures; and WHEREAS, Pursuant to C.R.S. § 29-25-110, the operating plan may, from time to time, be amended by the district with the approval of the local government. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, THAT: 1.Pursuant to C.R.S. § 29-25-110, the Council hereby approves the budget amendment of the VLMD for its fiscal year January 1, 2007 through December 31, 2007. 2.This Resolution shall be effective immediately upon adoption. INTRODUCED, READ, APPROVED AND ADOPTED this 13th day of March, 2007. Rodney E. Slifer Mayor, Town of Vail ATT ST: r~i'~-~---w N~o or ei Donaldson F.L-9~ Town Clerk EAL RADO Resolution No. 7, Series 2007