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HomeMy WebLinkAbout123 - 11/02/1993 - APPROPRIATING UNANTICIPATED REVENUE IN THE TRANSPORTATION DEPARTMENT PORTION OF THE TRANSPORTATION F ORDINANCE NO. 123, 1993 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE TRANSPORTATION DEPARTMENT PORTION OF THE TRANSPORTATION FUND WHEREAS, Article V, Section 14, of the Charter of the City of Fort Collins (the "Charter") 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; and WHEREAS, the City Council passed Resolution 93-68 on November 2, 1993 authorizing the City to enter into three intergovernmental agreements is the Colorado State Department of Transportation for the receipt of Federal and State funds to provide for the construction of three traffic signals on the State Highway System; and WHEREAS, the City anticipates receiving $185,000 in said funds to be used for the construction of the traffic signals. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that upon receipt of the sum of ONE HUNDRED EIGHTY FIVE THOUSAND DOLLARS ($185,000) in Federal and State dollars from the Colorado State Department of Transportation, said sum is appropriated for expenditure from unanticipated revenue in the "Transportation Division portion of the Transportation Fund to provide for the construction of three traffic signals on the State Highway System. Introduced, considered favorably on first reading, and ordered published this 19th day of October, A.D. 1993, and to be presented for final passage on the 2nd day of November, A.D. 1993. Mayor ATTEST: AuLm_�V. ta City Clerk Passed and adopted on final reading this 2nd day of No r, A.D. 1 3. Mayor ATTEST: cA�LA v. L City Clerk