HomeMy WebLinkAbout163 - 12/02/2003 - APPROPRIATING UNANTICIPATED REVENUE IN THE COMMUNITY DEVELOPMENT BLOCK GRANT FUND ORDINANCE NO. 163, 2003
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE
IN THE COMMUNITY DEVELOPMENT BLOCK GRANT FUND
WHEREAS, the City will receive unanticipated Community Development Block Grant(CDBG)
Program income in the 2003-2004 federal fiscal year in the amount of$100,000; and
WHEREAS, Article V, Section 9, of the Charter of the City of Fort Collins permits the City
Council to make supplemental appropriations by ordinance at any time during the fiscal year,provided that
the total amount of such supplemental appropriations,in combination with all previous appropriations for
that fiscal year,does not exceed the then current estimate of actual and anticipated revenues to be received
during the fiscal year; and
WHEREAS, City staff has determined that the appropriation of unanticipated CDBG Program
income will not result in total appropriations in excess of the current estimate of actual and anticipated
revenues for fiscal year 2003; and
WHEREAS, by adoption of Resolution 2003-128 the City Council approved Additional
Programs/Projects for the 2003-2004 Community Development Block Grant Program.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated from unanticipated program income revenue for approved
Community Block Grant projects, upon receipt thereof into the Community Development Block Grant
Fund, the amount of ONE HUNDRED THOUSAND DOLLARS ($100,000) for approved Community
Development Block Grant projects.
Introduced, considered favorably on first reading, and ordered published this 18th day of
November, A.D. 2003, and to be presented for final passage on the 2nd day of December, A.D. 2003.
Mayor
ATTEST:Ak v ////o-;v
City Clerk `J'e'/--
Passed and adopted on final reading this 2nd day of December, A. 3.
Mayor
ATTEST:
City Clerk/t Pf