Boulder City Council · Document
Attachment A - Resolution 166
Regular Meeting, October 15, 2026 · item 4C: Consideration of the following pertaining to the 2027 budget of the Boulder Municipal Property Authority: Consideration of a motion to adjou… · 2 pages
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RESOLUTION 166 A RESOLUTION CONCERNING THE BOULDER MUNICIPAL PROPERTY AUTHORITY ADOPTING A BUDGET FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2027; AND SETTING FORTH RELATED DETAILS THE CITY COUNCIL OF THE CITY OF BOULDER, COLORADO, ACTING AS THE BOARD OF DIRECTORS OF THE BOULDER MUNICIPAL PROPERTY AUTHORITY, HEREBY FINDS AND RECITES THAT: A.
WHEREAS, the Boulder Municipal Property Authority (“BMPA”) is a nonprofit
corporation duly organized and existing under the laws of the state of Colorado; and B.
WHEREAS, BMPA is a component unit of the City of Boulder, for accounting
purposes only, and as such, is required to formally adopt an annual budget; and C.
WHEREAS, the City Council of the City of Boulder, Colorado, acting as the Board
of Directors of BMPA (the “Board”), has reviewed the projected expenditures and considered all sources of revenue of BMPA for 2027; and D.
WHEREAS, certain 2027 debt service obligations of BMPA are known.
BASED ON THE FINDINGS MADE IN THIS RESOLUTION, ABOVE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BOULDER, COLORADO, ACTING AS THE BOARD OF DIRECTORS OF THE BOULDER MUNICIPAL PROPERTY AUTHORITY, THAT: Section 1. Estimated expenditures for fiscal year 2027 are as follows: $10,170,193. Section 2. Estimated revenues, in the form of base rental payments from city departments, and intergovernmental revenue from Boulder County available for fiscal year 2027 to fund the
expenditures is $10,171,383. Section 3. The proposed budget as submitted and hereinabove summarized be adopted as the budget of BMPA for the 2027 fiscal year and appropriated into the BMPA fund.
ADOPTED this 15th day of October 2026.
________________________________ Aaron Brockett, President Attest:
____________________________ Secretary