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HomeMy WebLinkAbout047 - 05/21/1985 - APPROPRIATING PRIOR YEAR RESERVES IN THE CAPITAL PROJECTS FUND AND AUTHORIZING THE TRANSFER OF APPRO ORDINANCE NO. 47, 1985 OF THE COUNCIL OF THE CITY OF FORT COLLINS BEING AN ORDINANCE APPROPRIATING PRIOR YEAR RESERVES IN THE CAPITAL PROJECTS FUND AND AUTHORIZING THE TRANSFER OF APPROPRIATIONS BETWEEN CAPITAL PROJECTS WHEREAS, Article V, Sections 8 and 15, of the Charter of the City of Fort Collins authorize City Council to appropriate prior year reserves at any time such reserves are available and to transfer unexpended, appro- priated amounts from one project to another project; and WHEREAS, the City wishes to construct additional 1985 Capital Projects and appropriate funds for previously approved projects which require additional funding; and WHEREAS, funds are available in the Capital Projects appropriated contingency, from the Indoor Pool/Ice Rink loan repayment, and from Capital Projects prior year reserves. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS: Section 1. That there is hereby appropriated for expenditure from prior year reserves in the Capital Projects Fund the total sum of ONE HUNDRED FIFTY-ONE THOUSAND FOUR HUNDRED SIXTY-SIX DOLLARS ($151 ,466) for the following projects: Mason/Howes One Way Couplet $ 47,466 City Park Roads and Parking $104,000 Section 2. That the following transfers of existing appropriations be authorized in the Capital Projects Fund: FROM: Indoor Pool/Ice Rink $500,000 FROM: Appropriated Contingency 6 ,234 TOTAL $506,234 TO: Timberline Bikeway-Prospect to Harmony $ 43,000 Mason/Howes One Way Couplet 209,734 Asbestos Removal-Phase II 1002000 Service Center Building B 63,500 City Hall West Wing Walls 209000 Avery House Renovation 309000 Outdoor Pool Repainting 40,000 TOTAL $506,234 Introduced, considered favorably on first reading, and ordered pub- lished this 30th day of April , A.D. 1985, and to be presented for final passage on the 21st day of May, A.D. 1985. 17 Mayor ATTEST: sty C C erk Passed and adopted on final reading this 21st day of May, A.D. 1985. Mayor ,.&A ATTEST: d2i -, I City Cl e -2-