HomeMy WebLinkAbout049 - 05/06/1986 - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND AND AUTHORIZING THE TRANSFER OF APP ORDINANCE NO. 49, 1986
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
CAPITAL PROJECTS FUND AND AUTHORIZING THE TRANSFER
OF APPROPRIATIONS BETWEEN CAPITAL PROJECTS
WHEREAS, Article V, Section 15 of the Charter of the City of Fort
Collins authorizes the Council to appropriate revenue at any time during
the year in which such revenue is received and to transfer appropriated
amounts from one project to another project; and
WHEREAS, the City wishes to reconstruct the pavement on Mason Street
from Laurel Street to Mountain Avenue; and
WHEREAS, the City will receive funds from the Federal Aid Urban System
( FAUS ) which , by contract , will fund 78% of the Mason Street
Reconstruction; and
WHEREAS, the remaining 22% in City funds required are available in the
1986 Street Rehabilitation Capital Project.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS:
Section 1. That there is hereby appropriated from unanticipated
revenue from the Federal Aid Urban System for expenditure in the Capital
Projects Fund, the total sum of THREE HUNDRED THIRTY-SIX THOUSAND THREE
HUNDRED THIRTY-SIX DOLLARS ($336,336) for the Mason Street Reconstruction
Project.
Section 2. That the following transfer of existing appropriations be
authorized in the Capital Projects Fund:
FROM: Street Rehabilitation $103,664
TO: Mason Street Reconstruction $103,664
Introduced, considered favorably on first reading, and ordered
published this 15th day of April , A.D. 1986, and to be presented for final
passage on the 6th day of May, A.D. 1986.
Mayor
. ATTEST:
City
Passed and adopted on final reading this 6th day of May, A.D. 1986.
Mayor
ATTEST:
A"City Clerk