HomeMy WebLinkAbout075 - 05/02/1989 - APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND FROM THE FORD FOUNDATION TO ADVANCE THE GOALS ORDINANCE NO. 75 , 1989
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND
IN THE AMOUNT OF $100,000 FROM THE FORD FOUNDATION
TO ADVANCE THE GOALS AND OBJECTIVES OF
THE LAND DEVELOPMENT GUIDANCE SYSTEM (LDGS)
WHEREAS, Article V, Section 8, of the Charter of the City of Fort
Collins authorizes the City Council to provide by ordinance for payment of
any expense from prior year reserves at any time such reserves are
available; and
WHEREAS, the City received a grant from the Ford Foundation in the
amount of $100,000 for advancing the goals and objectives of the Land
Development Guidance System (LOGS) ; and
WHEREAS, this grant will be used to enhance the performance of the
LOGS by increasing the effectiveness and understanding of the system; and
WHEREAS, these funds are now in the General Fund prior year reserves
and should be appropriated for said purposes.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated for expenditure from prior year
reserves in the General Fund the sum of ONE HUNDRED THOUSAND DOLLARS
($100,000) for advancing the goals and objectives of the LOGS.
Introduced, considered favorably on _ first reading, and ordered
published this 18th day of April , A.D. 1989, ' to be presented for final
passage on the 2nd day of May, A.D. 1
Mayor
EST:
T�6
City Clerk
Passed and adopted on final reading this 2nd day of May, A.D. 1989.
Mayor '
ATTEST:
City Clerk