HomeMy WebLinkAbout130 - 11/19/1991 - APPROPRIATING UNANTICIPATED REVENUE IN THE STREETS DEPARTMENT PORTION OF THE TRANSPORTATION FUND ORDINANCE NO. 130 , 1991
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE
IN THE STREETS DEPARTMENT PORTION OF
THE TRANSPORTATION FUND
WHEREAS, Article V, Section 14, of the Charter of the City of Fort Collins
authorizes the City Council to appropriate unanticipated revenues which are the
result of new revenue sources at any time during the year in which such revenue
is received; and
WHEREAS, Council passed Resolution 91-139 on November 5, 1991 , authorizing
the City to enter into an intergovernmental agreement with the Colorado
Department of Transportation for the receipt of Federal -Aid Urban Systems (FAUS)
funds to provide for the upgrade of the City's pavement marking program; and
WHEREAS, the City anticipates receiving $100,000 in FAUS funds for the
upgrading of the City's pavement marking program.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS
that upon the City's receipt of the sum of ONE HUNDRED THOUSAND DOLLARS
($100,000) in Federal -Aid Urban Systems (FAUS) funds from the State of Colorado,
said sum is appropriated for expenditure from unanticipated revenue in the
Streets Department portion of the Transportation Fund to provide for the upgrade
of the City's pavement marking system.
Introduced, considered favorably on first reading, and ordered published
this 5th day of November, A.D. 1991, and to be presented for final passage on
the 19th day of November, A.D. 1991.
ayor
ATTEST_
City Clerk ���' lJ
Passed and adopted on final reading t is 19th day of November, A.D. 1991 .
Mayor
ATTEST:
O, City Clete
Aw