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HomeMy WebLinkAbout008 - 02/05/1985 - APPROPRIATING PRIOR YEAR RESERVES IN THE SAVE FUND AND AUTHORIZING THE PAYMENT OF UNEXPENDED APPROPR ORDINANCE NO. 8 , 1985 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE SAVE FUND AND AUTHORIZING THE PAYMENT OF UNEXPENDED APPROPRIATIONS IN THE SAVE FUND TO THE REACH PROGRAM WHEREAS, Article V, Section 8, of the Charter of the City of Fort Collins permits the Council to appropriate reserves accumulated in prior years at any time during the year; and WHEREAS, the SAVE Fund has prior year reserves available to appro- priate; and WHEREAS, the SAVE program has been discontinued; and WHEREAS, Council wishes to pay any unexpended funds from the SAVE program to REACH. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: 1 . That there is hereby appropriated from prior year reserves in the SAVE Fund the sum of FIVE THOUSAND SIX HUNDRED THIRTY- EIGHT DOLLARS ($5,638) for expenditure. 2 . That unexpended appropriations of NINE THOUSAND ONE HUNDRED SEVENTY-THREE DOLLARS AND FOUR CENTS ($9,173.04) in the SAVE Fund be used to pay the same amount to the Residential Energy Assistance through Community Help (REACH) Program, administered by the Larimer County Office of Community Development, for weatherization of community housing. Introduced, considered favorably on first reading, and ordered pub- lished this 15th day of January, A.D. 1985, and to be presented for final passage on the 5th day of February A.D. 1985. gtt Mayor ATTEST: City Clerk Qb Passed and adopted on final reading this 5th day of February A.D. 1985. J&4�� ayor ATTEST: City Clerk