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HomeMy WebLinkAbout104 - 07/01/2025 - CORRECTING AN ERROR IN ORDINANCE NO. 046,2023, REGARDING FINANCIAL DISCLOSURE REQUIREMENTS BY DELETIORDINANCE NO.104,2025 OF THE COUNCIL OF THE CITY OF FORT COLLINS CORRECTING AN ERROR IN ORDINANCE NO.046,2023, REGARDING FINANCIAL DISCLOSURE REQUIREMENTS BY DELETING OBSOLETE SECTION 2-638 A.Article VIII of Chapter 2 of the City Code describes financial disclosure requirements for certain City officers and employees. B.The provisions of Article VIII have been in place for over 50 years,with a few limited updates over the years. C.Section 2-636 of the City Code specifies when financial disclosures are required. D.In April 2023,the City Council adopted Ordinance No.046,2023,updating Section 2-636 and providing new timing and consolidating the language addressing initial disclosures with those addressing ongoing annual financial disclosure updates,and changing the date for annual reporting to January 10. E.Section 2-636 as amended also describes in detail the process for filing financial disclosures both initially and for ongoing updates. F.When Section 2-636 was amended to address requirements for annual updates,Section 2-638 was intended to be deleted,as the provisions of Section 2-638 regarding annual updates are in conflict with the updated requirements set out in Section 2-636 as it was amended in 2023 and so are obsolete. G.Council desires to correct this error by deleting Section 2-638,which will ensure the financial disclosure requirements are clear and consistent with Council’s action and intent in 2023. 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 that,consistent the changes to annual financial disclosure requirements enacted in Ordinance No.046,2023,Section 2-638 of the Code of the City of Fort Collins, entitled Amended Statement,is hereby deleted. Introduced,considered favorably on first reading on June 17,2025,and approved on second reading for final passage on July 1,2025. Maya ATTEST: Effective Date:July 11,2025 Approving Attorney:Carrie Daggett Exhibits:None