HomeMy WebLinkAbout059 - 09/16/1975 - TRANSFERRING THE SUM OF $266,375 FROM THE SEVEN-YEAR CAPITAL IMPROVEMENT PROGRAM ACCOUNT OF THE CAPI ORDINANCE NO 59 1975
BEING AN ORDINANCE TRANSFERRING THE SUM OF
$266 375 00 FROM THE SEVEN-YEAR CAPITAL
IMPROVEMENT PROGRAM ACCOUNT OF THE CAPITAL
IMPROVEMENT FUND TO THE GENERAL FUND
WHEREAS heretofore the City of Fort Collins has received
from the Department of Housing and Urban Development of the Federal
Government a grant in the amount of $300 000 00 in connection with
the City s acquisition and construction of an indoor municipal
swimming pool and
WHEREAS said amount when received was placed in the seven-
year capital improvement program account of the capital improve-
ment fund and
WHEREAS the payments for such indoor swimming pool by the
City were made primarily from moneys appropriated from the general
fund of the City and
14HEREAS the sum of $266 375 00 remains on hand in the seven-
year capital improvement program account of the capital improve-
ment fund which amount represents funds received from the HUD
grant for the swimming pool and which amount should be transferred
to the general fund to reimburse the general fund for expenditures
made by that fund in the acquisition of the swimming pool
NOW THEREFORE BE IT ORDAINED BY THE COUNCIL OF THE CITY
OF FORT COLLINS that the sum of $266 375 00 be and the same
hereby is transferred from the seven-year capital improvement
program account of the capital improvement fund to the general
fund
Introduced considere favorably on first reading and
ordered published this day of A D 1975
a d to be presented for anal passage on t e �&&day of
A D 1975
ATTEST G
'MayorJAI
CiyCerc
Passed and adopted on final reading this 16th day of
September A D 1975
ATTEST I
Mayor
City Clerk