HomeMy WebLinkAbout142 - 12/06/1977 - APPROPRIATING FUNDS IN THE REVENUE SHARING ACCOUNT OF THE TRUST FUND TO THE GOLF COURSE ACCOUNT OF T ORDINANCE NO. 142 , 1977
BEING AN ORDINANCE APPROPRIATING FUNDS
IN THE REVENUE SHARING ACCOUNT OF THE TRUST
FUND TO THE GOLF COURSE ACCOUNT OF THE
ENTERPRISE FUND AND APPROPRIATING FUNDS FROM
THE GOLF COURSE ACCOUNT OF THE ENTERPRISE
FUND FOR EXPENDITURE IN 1977
WHEREAS, appropriated funds are available in the Revenue
Sharing Account of the Trust Fund which the City desires to
transfer for expenditure on City golf courses in order to
meet expenses in excess of the original appropriation for
golf course purposes; and
WHEREAS, resources in the Golf Course Account of the
Enterprise Fund for 1977 are greater than originally budgeted
because of a refund of overpayments on indebtedness relating
to the golf courses; and
WHEREAS, expenditures on the golf courses of the City
for 1977 will exceed the amount originally budgeted and
appropriated for such purposes and it is therefore necessary
to expend additional amounts to meet such expenditures.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE
CITY OF FORT COLLINS:
Section 1. There is hereby appropriated from the
Revenue Sharing Account of the Trust Fund to the Golf Course
Account of the Enterprise Fund the sum of $20,000.00.
Section 2. There is hereby appropriated for expenditure
in 1977 from the Golf Course Account of the Enterprise Fund
the additional amount of $33, 857.00 for golf course purposes.
Section 3. It is necessary and desirable that the
appropriation made herein be completed during calendar year
1977 and the City Council will not hold a meeting during
1977 at which this ordinance can be considered on second
reading. Therefore, the City Council hereby determines that
an emergency exists requiring the immediate passage of this
ordinance, and this ordinance is therefore enacted pursuant
to Section 6 of Article II of the Charter of the City of
Fort Collins as an amergency ordinance and shall be effective
upon its passage.
introduced, considered favorably by members of
the City Council, finally passed as an emergency ordinance,
and ordered published this 13th day of December, A.D. 1977
(the date to which the regular meeting of the City Council
for December 6, 1977, was adjourned) .
ST: 3 ayor
Ci y Clerk
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