HomeMy WebLinkAbout128 - 11/05/1985 - APPROPRIATING PRIOR YEAR RESERVES IN THE TRANSPORTATION SERVICES FUND FOR TRANSFER TO THE CAPITAL PR ORDINANCE N0. 128 , 1985
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE TRANSPORTATION SERVICES FUND
FOR TRANSFER TO THE CAPITAL PROJECTS FUND
AND APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND
WHEREAS, Article V, Section 8, of the Charter of the City of Fort
Collins permits the Council to appropriate reserves accumulated in prior
years at any time during the year; and
WHEREAS, Article V, Section 15, of the Charter of the City of Fort
Collins permits the Council to appropriate unanticipated revenue received
at any time during the year; and
WHEREAS, proceeds from the sale of three buses were incorrectly
entered as revenue in the Transportation Services Fund in 1983; and
WHEREAS, these funds need to be located in the Capital Projects Fund;
and
WHEREAS , Transfort Capital Reserves in the Transportation Services
Fund are available to correct the error.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated from prior year reserves in the
Transportation Services Fund the sum of Ten Thousand Four Hundred
Ninety-Eight Dollars ($10,498) for transfer to the Capital Projects Fund,
and appropriated for expenditure in the Capital Projects Fund for the
Transfort Bus Facility Project.
Introduced , considered favorably on first reading, and ordered
published this 15th day of October, A.D. 1985, and to be presented for
final passage on the 5th day of November, A.D. 1985.
M yor
ATTEST:
City Clerk
1985.Passed and adopted on final reading this 5th day of November, A.D.
Mfyor
ATTEST�
City Clerk