HomeMy WebLinkAbout136 - 12/18/1990 - APPROPRIATING UNANTICIPATED REVENUE IN THE SPECIAL ASSESSMENTS DEBT SERVICE FUND FOR EXPENDITURE IN ORDINANCE NO. 136, 1990
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE
IN THE SPECIAL ASSESSMENTS DEBT SERVICE FUND
FOR EXPENDITURE IN THE SPECIAL ASSESSMENTS DEBT SERVICE FUND
WHEREAS, Article V, Section 15 of the Charter of the City of Fort Collins
authorizes the City Council to appropriate by ordinance unanticipated revenue
received as a result of rate or fee increases or new revenue sources at any time
during the year; and
WHEREAS, during 1990 the City has received unanticipated revenue in the
amount of Nine Hundred Sixty-One Thousand Four Hundred Dollars ($961,400) from
tax sales and the early payment of special assessments and this amount is
available for appropriation; and
WHEREAS, the City wishes to use this revenue for the payment of debt
service on special assessment bonds.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS
that Nine Hundred Sixty-One Thousand Four Hundred Dollars ($961,400) is hereby
appropriated from unanticipated revenue in the Special Assessments Debt Service
Fund for expenditure in the Special Assessments Debt Service Fund.
Introduced, considered favorably on first reading,' and ordered published
this 4th day of December, A.D. , 1990, and to be presented for final passage on
the 18th day of December, A.D. , 1990.
Mayor
ATTEST:
�LL*.��L
City Clerk
Passed and adopted on final reading this 18th day of December, A.D. 1990.
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Mayor
ATTEST:
City Clerk