HomeMy WebLinkAbout084 - 07/16/2024 - APPROPRIATING PHILANTHROPIC REVENUE RECEIVED THROUGH CITY GIVE FOR THE LINCOLN CENTER, CULTURAL SERVORDINANCE NO.084,2024
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PHILANTHROPIC REVENUE RECEIVED THROUGH
CITY GIVE FOR THE LINCOLN CENTER,CULTURAL SERVICES
A.Kentwood Real Estate has generously donated $12,000 to the City to
support City events at the Lincoln Center.
B.This appropriation benefits the public health,safety,and welfare of the
residents of Fort Collins and serves the public purpose of supporting a City performing
arts venue.
C.Article V,Section 9 of the City Charter permits the City Council,upon the
recommendation of the City Manager,to make supplemental appropriations by ordinance
at any time during the fiscal year from such revenues and funds for expenditure as may
be available from reserves accumulated in prior years,notwithstanding that such reserves
were not previously appropriated.
D.The City Manager has recommended the appropriation described herein
and determined that this appropriation is available and previously unappropriated from
the Cultural Services and Facilities Fund and will not cause the total amount appropriated
in the Cultural Services and Facilities Fund to exceed the current estimate of actual and
anticipated revenues and all other funds to be received in this Fund during this fiscal year.
D.Article V,Section 11 of the City Charter authorizes the City Council to
designate in the ordinance when appropriating funds for a federal,state or private grant
or donation,that such appropriation shall not lapse at the end of the fiscal year in which
the appropriation is made,but continue until the earlier of the expiration of the federal,
state or private grant or donation or the City’s expenditure of all funds received from such
grant or donation.
E.The City Council wishes to designate the appropriation herein for the
Lincoln Center as an appropriation that shall not lapse until the earlier of the expiration of
the grant or donation or the City’s expenditure of all funds received from such grant or
donation.
In light of the foregoing recitals,which the Council hereby makes and adopts as
determinations and findings,BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS as follows:
Section 1.There is hereby appropriated from new philanthropic revenue in the
Cultural Services and Facilities Fund the sum of TWELVE THOUSAND DOLLARS
($12,000)to be expended in the Cultural Services and Facilities Fund for the Lincoln
Center.
Section 2 The appropriation herein for the Lincoln Center is hereby designated,
as authorized in Article V,Section 11 of the City Charter,as an appropriation that shall
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not lapse at the end of this fiscal year but continue until the earlier of the expiration of the
grant or donation or the City’s expenditure of all funds received from such grant or
donation.
Introduced,considered favorably on first reading on July
on second reading for final passage on July 16,2024.
ity C
Effective Date:July 26,2024
Approving Attorney:Ted Hewitt
2,2024,and approved
ATTEST:
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