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HomeMy WebLinkAbout123 - 10/19/2021 - APPROPRIATING PRIOR YEAR RESERVES TO SUPPORT COMPLETION OF THE 1041 REGULATIONS PROJECT ORDINANCE NO. 123, 2021 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES TO SUPPORT COMPLETION OF THE 1041 REGULATIONS PROJECT WHEREAS, Colorado Revised Statutes ("C.R.S.") Section 24-65.1-101 et seq, commonly referred to as 1041 statutes or powers, empowers the City to designate areas and activities to be matters of state interest and to adopt guidelines and regulations for the administration of designated areas and activities; and WHEREAS, this appropriation benefits public health, safety and welfare of the citizens of Fort Collins by providing funding for consultants and other resources to assist City staff in researching and drafting regulations and serves the public purpose of enabling the effective creation of development requirements and standards pursuant to the City's 1041 powers for the benefit of the residents of Fort Collins; and WHEREAS, Article V, Section 9 of the City Charter permits the City Council, upon the recommendation of the City Manager, to appropriate by ordinance at any time during the fiscal year such funds for expenditure as may be available from reserves accumulated in prior years, notwithstanding that such reserves were not previously appropriated; and WHEREAS, the Interim City Manager has recommended the appropriation described herein and determined that this appropriation is available and previously unappropriated from the General Fund and will not cause the total amount appropriated in the General Fund to exceed the current estimate of actual and anticipated revenues and all other funds to be received in that fund during this fiscal year. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the City Council hereby makes and adopts the determinations and findings contained in the recitals set forth above. Section 2. That there is hereby appropriated from prior year reserves in the General Fund the sum of FIFTY THOUSAND DOLLARS ($50,000) for expenditure from the General Fund to support completion of the 1041 regulations project. -1- Introduced, considered favorably on first reading, and ordered published this 21 st day of September, A.D. 2021, and to be presented for final passage on the 19th day of October, A.D. 2021. M r ATTEST: ORr c 'J' 11A -L-- oAJA SEAL Interim City 1erk .o C�Lnit Passed and adopted on final reading on the 19th day of October, A.D. 2 1. a_ /�/ r r ATTEST: Interim City Clerk •' ''� s Of SEAL cOLORP0