HomeMy WebLinkAbout054 - 05/16/1995 - APPROPRIATING UNANTICIPATED REVENUE FROM SUBLEASE PAYMENTS ORDINANCE NO. 54, 1995
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE GENERAL FUND
FROM SUBLEASE PAYMENTS
WHEREAS, the City of Fort Collins is the Lessee of the Property known as 405 Canyon
Avenue; and
WHEREAS, Retired Senior Volunteer Program (RSVP) wishes to sublease 502 square feet
of the Property from the City for the amount of$5,274.00 for the first year of the sublease; and
WHEREAS, the consideration received by the City for the aforementioned sublease, in the
amount of$5,274,constitutes unanticipated revenue in the General Fund,Right-of-Way budget; and
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.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated for expenditure from unanticipated revenue in the
General Fund the sum of Five Thousand Two Hundred Seventy-Four Dollars ($5,274) for the use
of the Right-of Way Division to lease office space and other facilities needed by various city
departments.
Introduced,considered favorably on first reading, and ordered published this 2nd day of May,
A.D. 1995, and to be presented for final passage =16thdaA.D. 1995.
ayor
ATTEST:
City Clerk
Passed and adopted on final reading this 16th day of May, 995.
or
ATTEST:
City Clerk