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HomeMy WebLinkAbout084 - 07/01/1980 - CREATING A PARKING FUND ORDINANCE NO 84, 1980 OF THE COUNCIL OF THE CITY OF FORT COLLINS BEING AN ORDINANCE CREATING A PARKING FUND WHEREAS, Article V. Part III, Section 27 of the Charter of the City of Fort Collins permits the Council to create special funds for any purpose by ordinance, and WHEREAS, the purpose of creating a parking fund would be to consoli- date parking related activities, and WHEREAS, revenues for the parking fund shall be generated from parking fines, rental of parking spaces and other revenues designated for the provision of parking services, and WHEREAS, revenues generated for the parking fund shall be utilized in providing for the development of new parking facilities, parking enforce- ment, and any other parking related services requested by Council, and WHEREAS, it is necessary to establish said parking fund with an effective date of June 1, 1980, to provide for the collection of revenues generated from parking related activities NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby created a parking fund pursuant to and in accordance with Article V. Part III, Section 27 of the Charter of the City of Fort Collins, and BE IT FURTHER ORDAINED that for purposes of collection of revenues generated from parking related activities, that the parking fund created herein shall be deemed to be effective as of June 1, 1980 Introduced, considered favorably on first reading, and ordered pub- lished this 17th day of June, A D 1980, and to be presented for final passage on the 1st day of July, A D 1980 M or A EST City Clerk Passed and adopted on final rea n his 1st day of uly, 1980 a r ATTEST tyCity C erk