HomeMy WebLinkAbout022 - 03/01/1988 - APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND AND AUTHORIZING THE TRANSFER OF APPROPRIATED A ORDINANCE NO. 22, 1988
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND AND
AUTHORIZING THE TRANSFER OF APPROPRIATED AMOUNTS
FROM THE GENERAL FUND
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, Article V, Section 15, of the Charter of the City of Fort
Collins authorizes the City Council to transfer unexpended, appropriated
amounts from one fund to another; and
WHEREAS, funds are available in the General Fund prior year reserves;
and
WHEREAS, under Section 22-137 of the City Code, the City must pay the
assessment district from the General Fund the amount of the deferred
assessment.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS:
Section 1 . That there is hereby appropriated for expenditure from
prior year reserves in the General Fund the sum of TWENTY-SIX THOUSAND ONE
HUNDRED SEVENTY-SEVEN DOLLARS ($26, 177) for transfer to the following
funds:
Special Improvement District #1 $ 1,802
Special Improvement District #67 $ 567
Special Improvement District #71 $10,717
Special Improvement District #74 $12,790
Surplus and Deficiency Fund $ 301
Section 2. That TWENTY-SIX THOUSAND ONE HUNDRED SEVENTY-SEVEN DOLLARS
($26, 177) is hereby transferred from the General Fund to the funds and in
the amounts specified in Section 1 for payment of the deferred assessment .
Introduced, considered favorably on first reading, and ordered
published this 16th day of February, A.D. 1988, and to be presented for
final passage on the 1st day of March, A.D. 198
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ATTEST:
City Clerk
Passed and adopted on final reading this 1st day of March, A.D. 1988.
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Assistant Mayo
ATTEST:
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City Clerk