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HomeMy WebLinkAbout017 - 02/16/1988 - APPROPRIATING MONEY FROM THE STREET OVERSIZING FUND AND THE WATER FUND TO THE CAPITAL PROJECTS FUND ORDINANCE NO. 17, 1988 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING MONEY FROM THE STREET OVERSIZING FUND AND THE WATER FUND TO THE CAPITAL PROJECTS FUND FOR THE CITY COSTS IN THE CONSTRUCTION OF IMPROVEMENTS IN OAKRIDGE SPECIAL IMPROVEMENT DISTRICT NO. 91 WHEREAS, on August 4, 1987, the Council of the City of Fort Collins adopted the Creation Ordinance for OakRidge Special Improvement District No. 91 ("SID No. 91") ; and WHEREAS, the City wishes to participate in certain street, water & sewer and storm drainage oversizing construction in SID No. 91 ; 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 or from one project to another upon the recommendation of the City Manager. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1 . That ONE HUNDRED FIFTY-THREE THOUSAND AND EIGHT DOLLARS ($153,008) is hereby appropriated for transfer from existing appropriations in the Street Oversizing Fund to the Capital Projects Fund and appropriated for expenditure in the Capital Projects Fund for Special Improvement District No. 91 . Section 2. That FIFTEEN THOUSAND FIVE HUNDRED AND FOUR DOLLARS ($15,504) is hereby appropriated for transfer from existing appropriations in the Water Fund to the Capital Projects Fund and appropriated for expenditure in the Capital Projects Fund for Special Improvement District No. 91 . Introduced, considered favorably on first reading, and ordered published this 2nd day of February, A.D. 1988, and to be presented for final passage on the 16th day of February, A.D. 1988. r ATTEST: Z City Clerk Passed and adopted on final reading this 16th day of February, A.D. 1988. M ATTEST: City Clerk