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RESOLUTION NO. I (JO
SERIES OF 200r
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO,
APPROVING THE 2007 EOTC BUDGET FOR THE PITKIN COUNTY 1/2 CENT TRANSIT
SALES AND USE TAX
WHEREAS, the Aspen City Council, the Pitkin County Board of County Commissioners
and the Town Council of Snowrnass Village (the "Parties") have previously identified general
elements of their Comprehensive Valley Transportation Plan (the "Plan") which are eligible for
funding from the Pitkin County one-half cent transit sales and use tax; and
WHEREAS, by intergovernmental agreement dated September 14, 1993, the Parties agreed:
a. to conduct regular public meetings to continue to refine and agree upon
proposed projects and transportation elements consistent with or complimentary to
the Plan; and
b. that all expenditures and projects to be funded from the County-wide one-
half cent transit sales and use tax shall be agreed upon by the Parties and evidenced
by a resolution adopted by the governing body of each party; and
WHEREAS, at a public meeting held on November 16, 2006, the Parties considered and
approved the attached initial budget for the year 2007 for the Pitkin County one-half cent transit
sales and use tax; and
WHEREAS, the City of Aspen wishes to ratifY the approval given at the January 15th
meeting by adoption of this resolution.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Aspen,
Colorado, that the attached initial one-half cent transit sales and use tax budget for the year 2007 is
hereby approved as summarized below:
Total Revenues
Total Expenditures
$5,216,000
$3,975,705
RESOLVED, APPROVED, AND ADOPTED this 11th da of December 2006, by the
City Council for the City of Aspen, Colorado.
I, Kathryn S. Koch, duly appointed and acting City Clerk, do certifY that the foregoing is a
true and accurate copy of that resolution adopted by the City Council of the City of Aspen,
Colorado, at a meeting held December 11,2006.
3
C:\Documents and Senings\randyr.ASPENPITKIN\Local Settings\Temporary Internet Files\OLKBA\2007 EOTC memo bdgt reso.doc
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