HomeMy WebLinkAbout162 - 12/02/2003 - APPROPRIATING UNANTICIPATED REVENUE IN THE HOME INVESTMENT PARTNERSHIPS FUND ORDINANCE NO. 162, 2003
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE
IN THE HOME INVESTMENT PARTNERSHIPS FUND
WHEREAS, the City will receive unanticipated HOME 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 HOME
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 2003-127 the City Council approved Programs and
Projects for the 2003-2004 Home Investment Partnerships 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 Home Investment Partnerships projects, upon receipt thereof into the Home Investment
Partnerships Grant Fund,the amount of ONE HUNDRED THOUSAND DOLLARS($100,000)for
approved Home Investment Partnerships 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 dayoDecember,A.D.2003.
1
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 2nd day of De A.D. 2003.
Mayor
ATTEST:
City Clerk/awel' �r