HomeMy WebLinkAbout181 - 11/17/1987 - APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND AND AUTHORIZING THE TRANSFER OF APPROPRIATED A ORDINANCE NO. 181 , 1987
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND
AND AUTHORIZING THE TRANSFER OF APPROPRIATED AMOUNTS
FROM THE GENERAL FUND TO THE CAPITAL PROJECTS FUND
WHEREAS, Article V, Section 8, of the Charter of the City of Fort
Collins authorizes the City Council to provide by ordinance for payment of
any expense from prior year reserves at any time such reserves are
available; and
WHEREAS, Article V, Section 15, of the Charter of the City of Fort
Collins authorizes the City Council to transfer unexpended, appropriated
amounts from one fund to another upon the recommendation of the City
Manager, provided that the purpose for the initial expenditure of said
funds no longer exists; and
WHEREAS, the City wishes to relocate Development Services and Parks
and Recreation to 281 North College, renovate the Downtown Community Center
for senior services, and renovate the Tolivers building, City Hall East,
and City Hall West; and
WHEREAS, funds are available in the General Fund Prior Year Reserves
designated for Buildings and Improvements and in Restricted Reserves for
Block 31.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated for expenditure from prior year
reserves in the General Fund the total sum of FOUR HUNDRED TWELVE THOUSAND
SIX HUNDRED SEVENTY DOLLARS ($412,670) for transfer to the Capital Projects
Fund and appropriated for expenditure in the Capital Projects Fund for the
relocation of Development Services and Parks and Recreation to 281 North
College, renovation of the Downtown Community Center for senior services,
and renovation of the Tolivers building, City Hall East, and City Hall
West.
Introduced, considered favorably on first reading, and ordered
published this 3rd day of November, A.D. 1987, and to be presented for
final passage on the 17th day of November, A.D. L987
TTEST: n
City Clerk
1987.Passed and adopted on final reading this 17th day of November, A.D.
Mayo-
ATTEST-
City Clerk