PROJC01676

• Contract/PO #: C153677
• Contractor Name: Rangely, Town of
• Contract Type: Loan
• Water District: 0
• County: Rio Blanco
• Bill Number: SB 80-67
• Loan Projects - Doc Type: Contract Documents

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section 11, That the appropriated expenditures and estimated
revenues for the Economic Development Fund are:

REVENUES
$ 10,000
15,768
4,275
5.690
$35,733
(10,000)
469.338
$459,338

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Page 4
Resolution "q l' -/4

EXPENDITURES
$ 4,275 Site Acquis/C1earance
15,000 Facade/Site Grants
84,000 site Improvements
353.000 Business Assist. Loans
$456,275
(10,000)
48.796
$38,796

Security Deposit
General Reserves
Cash End of Year

$495,071 Total

$495,071

.

Comm. Dev. Grant
Loan Repayments
Duco Escrow Funds
Interest Earnings

security Deposit
General Reserves
Cash First of
Year
Total

Section 12. That the appropriated expenditures and estimated
revenues for the Rangely Development Corporation Fund are:

EXPENDITURES
$222,500 Other Loans
3.392 Cash End or Year

REVENUES
$ 2,121
565
222.500

$706

$225,892 Total

$225,892

principal on Loan
Interest on Loan
Transfer from
PERC funds
cash First of
Year
Total

Section 13. That the budget as amended and hereinabove
summarized are hereby approved and adopted as the budget of the
Town of Rangely for the fiscal year beginning on the first day of
January 1994 and ending on the thirty-first day of December 1994.

section 14. That the budget hereby approved and adopted shall be
made a part of and retained in the public records of the Town of
Rangely.

ADOPTED this

/4

Dlot~k'n h, 0....

day of

, 1993.

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Frances Green, Mayor

ATTES :

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