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HomeMy WebLinkAbout068 - 04/18/1989 - APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND FOR TRANSFER TO THE CAPITAL PROJECTS FUND FOR r ORDINANCE NO. _68 , 1989 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND FOR TRANSFER TO THE CAPITAL PROJECTS FUND WHEREAS, Article V, Section 8, of the Charter of the City of Fort Collins authorizes the City Council to provide by ordinance for payment of any expense from prior year reserves at any time such reserves are available; and WHEREAS, Article V, Section 15, of the Charter of the City of Fort Collins authorizes the City Council to transfer unexpended, appropriated amounts from one fund to another; and WHEREAS, the City received $3,500 from the Fort Collins Foundation in 1987 to provide improvements to the Gustav Swanson Nature Area; and WHEREAS, the Accounting office has indicated that $2,331 of this money was not spent as of December 31 , 1988 and is being held in reserve in the General Fund; and WHEREAS, these funds are to be used for purposes of Wildlife Habitat Mitigation. 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 General Fund the sum of TWO THOUSAND THREE HUNDRED THIRTY ONE DOLLARS ($2,331) for transfer to the Capital Projects Fund. Section 2. That the TWO THOUSAND THREE HUNDRED THIRTY ONE DOLLARS ($2,331) is hereby transferred from the Capital Projects Fund, and appropriated for expenditure in the Capital Projects Fund for purposes of of Wildlife Habitat Mitigation in the Gustav Swanson Nature Area. Introduced, considered favorably on first reading, and ordered published this 4th day of April , A.D. 1989, and to be presented for final passage on the 18th day of April , A.D. 1989. Mayor ATTEST: City Clerk Passed and adopted on final reading this 18th day of April , A.D. 1989. r Mayor ATTEST: City Clerk