HomeMy WebLinkAbout026 - 02/17/1987 - APPROPRIATING PRIOR YEAR RESERVES IN THE WATER FUND ORDINANCE NO. 26 , 1987
OF THE COUNCIL OF THE CITY OF FORT COLLINS
BEING AN ORDINANCE APPROPRIATING PRIOR YEAR RESERVES
IN THE WATER FUND
WHEREAS, Article V, Section 8 of the Charter of the City of Fort
Collins permits the Council to appropriate prior year reserves at any time
such reserves are available; and
WHEREAS, the City wishes to acquire water rights in accordance with
the Anheuser-Busch Master Agreement; and
WHEREAS, funds are available in the Water Fund prior year reserves.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated for expenditure from prior year
reserves in the Water Fund the total sum of FOUR MILLION DOLLARS
($4,000,000) for the acquisition of Water Rights in accordance with the
Anheuser-Busch Master Agreement.
Introduced, considered favorably on first reading, and ordered
published this 3rd day of February A.D. 1987, and to be presented for final
passage on the 17th day of February, A.D. 1987.
Mayo
ATTEST:
City Clerk
1987.Passed and adopted on final reading this 17th day of February, A.D.
ATTEST - Mayor
City Clerk