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HomeMy WebLinkAbout068 - 06/18/1985 - APPROPRIATING UNANTICIPATED REVENUE IN THE STREET OVERSIZING FUND ORDINANCE NO. 68 , 1985 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE STREET OVERSIZING FUND WHEREAS, Article V, Section 15, of the Charter of the City of Fort Collins permits the Council to appropriate revenue at any time during the year in which such revenue is received ; and WHEREAS, the Street Oversizing Fund has received $59,923 from Melody Homes, which is the estimated cost of construction for the portion of Shields Street adjacent to their property and fulfills their obligation under the WagonWheel subdivision agreement dated August 1, 1979: and WHEREAS, the City wishes to use these funds to construct improvements to Shields Street adjacent to the WagonWheel subdivision. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated from unanticipated revenue in the Street Oversizing Fund the sum of FIFTY NINE THOUSAND NINE HUNDRED TWENTY THREE DOLLARS ($59,923) for expenditure in the Street Oversizing Fund to construct improvements to Shields Street adjacent to the WagonWheel — subdivision. Introduced, considered favorably on first reading, and ordered published this 4th day of June, A.D. 1985, and to be presented for final passage on the 18th day of June, A.D. 1985. 41AU'd .-*/- 1 09 M yor ATTEST: City Clerk Passed and adopted on final reading this 18th day of June, A.D. 1985. rx��ear—�•�• =� McTyor ATTEST: City Clerk