HomeMy WebLinkAbout141 - 11/01/1983 - APPROPRIATING $12,000 TO THE AIRPORT AUTHORITY TO COVER START-UP EXPENSES IN 1983 ORDINANCE NO. 141 , 1983
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING $12,000 TO THE AIRPORT AUTHORITY
TO COVER START-UP EXPENSES IN 1983
WHEREAS, Ordinance No. 74, 1983, of the Council of the City of Fort
Collins created the Fort Collins-Loveland Airport Authority; and
WHEREAS, the Fort Collins-Loveland Airport Authority will assume
responsibility for the maintenance and operation of the Fort Collins-
Loveland Municipal Airport on January 1, 1984; and
WHEREAS, the Authority will incur various startup costs when assuming
responsibility for the Airport that should be paid for prior to January 1,
1984; and
WHEREAS, the Airport fund contains sufficient funds to pay for the
Authority' s startup costs in 1983; and
WHEREAS, the City wishes to provide the Authority with the necessary
funds.
NOW THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated the sum of Twelve Thousand
Dollars ($12,000) to be spent by the Fort Collins-Loveland Airport Au-
thority from the Airport fund as follows:
From Sale of Refueler $ 8,050
From Excess Interest Revenue 3,950
TOTAL $12,000
Introduced, considered favorably on first reading, and ordered pub-
lished this 18th day of October, A.D. 1983, and to be presented for final
passage on the 1st day of November, .D. 1983.
ATTEST: May
City Clerk QS
1983.Passed and adopted on final reading this 1st day of November, A.D.
ATTEST: M yo
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City Clerk