HomeMy WebLinkAbout025 - 03/05/1996 - APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND FOR THE LANDMARK REHABILITATION GRANT PROGRAM ORDINANCE NO. 25, 1996
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND
FOR THE LANDMARK REHABILITATION GRANT PROGRAM
WHEREAS, City Council has adopted Resolution 96-15 which renews the Landmark
Rehabilitation Grant Program(the Program) for 1996; and
WHEREAS, program funds from 1994 and 1995 in the amount of$25,781, were not spent
due to delays in establishing the Program, completing fund projects; and
WHEREAS, said funds are presently available as prior year reserves to be appropriated for
the 1996 Program; 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 prior year reserves in the General
Fund the sum of TWENTY-FIVE THOUSAND SEVEN HUNDRED EIGHTY-ONE DOLLARS
($25,781) for the Landmark Rehabilitation Grant Program.
Introduced, considered favorably on first reading, and ordered published this 20th day of
February, A.D. 1996, and to be presented for final passage on the 5th day of March, A.D. 1 96.
ayor
ATTEST:
.yI I o
City Clerk LN
Passed and adopted on final reading this 5th day of March; A, . 1996.
Mayor
ATTEST:
City Clerk