HomeMy WebLinkAbout057 - 01/02/1969 - APPROPRIATING THE SUM OF $98,000 FOR THE FISCAL YEAR 1968 FOR WATER CAPITAL IMPROVEMENTS ORDINANCE NO 57, 1968,
BEING AN ORDRaRM APPROPRIATING THE. SUM OF t9B4O00 FOR TEE FISCAT, YEAR 19.6E FOR
WATER CAPITAL IMPROVEMENTS
WEEREAS, it is necessary that the City of Fort Collins acquire certain water rights
during the year 1968 for the water utility of the City, and
WEERFAS, the cost of the water rights which need to be acquired during the yeaa)a 1968
exceeds the amount that was budgeted for such expenditure, and
WHEREAS, the actual necessity to meet the expenses incident to the acquisition of such
water rights and the betterment of the municipal water utility system has arisen from
unforeseen contingencies arising after the passage of the annual appropriation ordinance,
and
WBERFAS, Section 8 of Chapter V of the City Charter provides that the City Council
may provide by ordinance for the payment of any expense, the actual necessity of which
is caused by an unforeseen contingency arising after the passage of the annual appropriation
ordinance, and
WHEREAS, there are adequate unbudgeted funds to meet this expense in the reserve of the
water capital fund
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS
Section 1 That there be and hereby is appropriated for the acquisition of water
rights and the improvement and betterment of the water utility of the City of Fort Collins
the sum of $98,000
Section 2 Said sum of $98,000 is hereby appropriated out of the unbudgeted funds in
the water capital improvement fund and in to the water capital improvement budget for the
year 1968
Introduced, considered favorably on first reading and ordered published this 12�h day'
of December, A D 1968, and to be presented for final passage on the 2nd day of January,
A D 1969
�Li1�2�r7c.,
May
ATTEST
City Clerkl
Passed and adopted on final reading this 2nd day of January, A D 1969
Mayor
ATTEST
City Clerk