HomeMy WebLinkAbout033 - 04/18/1995 - APPROPRIATING PRIOR YEAR RESERVES FOR SPECIAL LIBRARY PROJECTS ORDINANCE NO. 11, 1995
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES
FOR SPECIAL LIBRARY PROJECTS
WHEREAS, the Fort Collins Public Library ("the Library") receives monetary gifts and
donations on an ongoing basis; and
WHEREAS, this revenue is accounted for in the General Fund Reserve for Library
Donations; and
WHEREAS, The Library Donations revenue is used to fund special projects such as the
Children's Summer Reading Program, Local History Photograph Fund and Friends of the Library
reimbursed library projects; and
WHEREAS, an additional $50,000 is required to meet anticipated special project needs
through the end of the year; and
WHEREAS, there are adequate funds in the Reserve for Library Donations to fund this
request; and
WHEREAS, Article V, Section 7, of the Charter of the City of Fort Collins authorizes the
City Council to provide by ordinance for payment of any expense from reserves accumulated in prior
years notwithstanding that such reserves were not appropriated for expenditure in the annual
appropriation ordinance.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated for expenditure from the prior year reserve for Library
Donations in the General Fund the sum of FIFTY THOUSAND DOLLARS ($50,000) to be used
for special Library projects through the end of 1995.
Introduced, considered favorably on first reading, and ordered published this 21st day of
March, A.D. 1995, and to be presented for final passage on the 18 ay o 'April, A.D. 19
Tyrayor
ATTEST:
City Clerk
Passed and adopted on final reading this 18th day of Apr' . . 995.
ayor
ATTEST:
ggu City Clerk