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HomeMy WebLinkAbout094 - 09/03/1985 - AUTHORIZING THE TRANSFER OF APPROPRIATIONS BETWEEN CAPITAL PROJECTS ORDINANCE NO. 94 , 1985 OF THE COUNCIL OF THE C17Y OF FORT COLLINS AUTHORIZING THE TRANSFER OF APPROPRIATIONS BETWEEN CAPITAL PROJECTS WHEREAS, Article V, Section 15 of the Charter of the City of Fort Collins authorizes City Council to transfer appropriated amounts from one project to another project ; and WHEREAS, the City Council adopted Resolution 85-113 at their meeting of July 16, 1985, accepting a Grant Agreement from the Colorado Highway Department of $79,200 to reconstruct the bridge at Oak Street that crosses the Larimer #2 canal entrance to the City Park ballfields ; and WHEREAS , the State Grant equals 80 percent of the bridge reconstruction estimated costs, and the City must match these funds with $19,800, which is the remaining 20 percent of the project costs ; and WHEREAS, funds are available in the Rolland Moore Park capital project. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the following transfer of existing appropriations be authorized within the Capital Projects Fund: FROM: Rolland Moore Park $19,800 TO: City Park Oak Street Bridge $19,800 Introduced, considered favorably on first reading, and ordered published this 20th day of August, A.D. 1985, and to be presented for final passage on the 3rd day of September, A.D. 1985. Mayor ATTEST: i City Clerk Passed and adopted on final reading this 3rd day of September, A.D. 1985. Mayor ATTEST: City Clerk