HomeMy WebLinkAbout103 - 08/15/2017 - APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND FOR THE CONDUCT OF A SPECIAL ELECTION ON NOVEMORDINANCE NO. 103, 2017
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND
FOR THE CONDUCT OF A SPECIAL ELECTION ON NOVEMBER 7, 2017,
THAT WAS NOT INCLUDED IN THE 2017 ADOPTED CITY BUDGET
WHEREAS, on July 18, 2017, the City Council passed on First Reading Ordinance No.
096, 2017, calling for a Special Municipal Election to be held in conjunction with the
November 7, 2017, Larimer County Coordinated Election; and
r
WHEREAS, it is expected that the City Council will adopt Ordinance No. 096, 2017,
on Second Reading on August 15, 2017; and
WHEREAS, the purpose of this special election is to preserve the opportunity for
Council to place initiated or referred issues on the November ballot; and
WHEREAS, while the actual cost of this special election will not be known until after
it is held, City staff estimates the cost to be $150,000; and
WHEREAS, Article V, Section 9 of the City Charter permits the City Council to
appropriate by ordinance at any time during the fiscal year such funds for expenditure as maybe
available from reserves accumulated in prior years, notwithstanding that such reserves were not
previously appropriated; and
WHEREAS, City staff has determined that the appropriations as described herein are
available and previously unappropriated in the General Fund; and
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS as follows:
Section 1. That the City Council hereby makes and adopts the determinations
and findings contained in the recitals set forth above.
Section 2. That there is hereby appropriated from reserves in the General Fund the
sum of ONE HUNDRED FIFTY THOUSAND DOLLARS ($150,000) for the participation
in the coordinated election to be held on November 7, 2017.
1-
Introduced, considered favorably on first reading, and ordered published this 8th day of
August, A.D. 2017, and to be presented for final passage on the 15th day of August, A.D. 2017.
e Mayor
ATTEST:
City Clerk
Passed and adopted on final reading on the 15th day of August, A.D. 2017.
Mayor
ATTEST:
n
TORrC
InterinWity Clerk
cOLORPpO
2-