HomeMy WebLinkAbout190 - 12/15/1987 - APPROPRIATING PRIOR YEAR RESERVES AND UNANTICIPATED REVENUE IN THE GENERAL FUND AND THE EMPLOYEES RE ORDINANCE NO. 190, 1987
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES AND UNANTICIPATED REVENUE
IN THE GENERAL FUND AND THE EMPLOYEES
RETIREMENT PLAN PENSION 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 appropriate unanticipated revenue
received at any time during the year; and
WHEREAS, the City has prior year reserves and unanticipated revenue
available to appropriate; and
WHEREAS, the City wishes to provide for the expenditures listed below.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS:
Section 1 . That there is hereby appropriated the sum of THIRTY-THREE
THOUSAND THREE HUNDRED SEVENTY-FIVE DOLLARS ($33,375) from unanticipated
revenue and SIXTY-TWO THOUSAND SIX HUNDRED TWENTY-FIVE DOLLARS ($62,625)
from prior year reserves in the General Fund (Block 31 reserve) for
expenditures in the total sum of NINETY SIX THOUSAND DOLLARS ($96,000) for
the upkeep and maintenance of Block 31 .
Section 2. That there is hereby appropriated from prior year reserves
in the Employees Retirement Plan Pension Fund the total sum of ONE HUNDRED
AND ONE THOUSAND DOLLARS ($101,000) for payments to additional retirees and
administrative costs.
Introduced, considered favorably on first reading, and ordered
published this 1st day of December, A.D. 1987, and to be presented for
final passage on the 15th day of December, A.D. 1987.
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ATTEST: 7
City a —
1487.Passed and adopted on final reading this 15th day of December, A.D.
ATTEST:
11
City Clerk