HomeMy WebLinkAbout170 - 12/16/2014 - AMENDING ORDINANCE NO. 143, 2014, TO CORRECT THE APPROPRIATION OF PRIOR YEAR RESERVES TO BE FROM THE ORDINANCE NO. 170, 2014
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AMENDING ORDINANCE NO. 143, 2014, TO CORRECT THE APPROPRIATION OF
PRIOR YEAR RESERVES TO BE FROM THE SELF-INSURANCE FUND RATHER THAN
FROM THE GENERAL FUND FOR INSURANCE EXPENSES
WHEREAS, on November 4, 2014, the City Council adopted Ordinance No. 143, 2014, .
for the intended purpose of appropriating $610,000 of prior year reserves from the Self-Insurance
Fund to fund unforeseen expenditures for worker's compensation, property and liability claims
for the remainder of 2014; and
WHEREAS, in the operative language in Ordinance No. 143, 2014, these funds were
appropriated from prior year reserves in the General Fund rather than from prior year reserves in
the Self-Insurance Fund; and
WHEREAS, the purpose of this Ordinance is to appropriate $610,000 of prior year
reserves from the Self-Insurance Fund, rather than from the General Fund to fund the City's
worker's compensation, property and liability claim payments for the remainder of 2014.
NOW; THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS, as follows:
Section 1. That the one reference to "General Fund" in the operative language of
Ordinance No. 143, 2014, is hereby changed to "Self Insurance Fund".
Section 2. That all other provisions contained in Ordinance No. 143, 2014, are
hereby reaffirmed and shall remain unchanged and in full force and effect.
Introduced, considered favorably on first reading, and ordered published this 2nd day of
December, A.D. 2014, and to be presented for final passage on the 16th day of December, A.D.
2014.
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Passed and adopted on final reading on the 16th day of December, A.D. 2014.
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