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HomeMy WebLinkAbout050 - 04/21/1987 - APPROPRIATING PRIOR YEAR RESERVES IN THE ENERGY FUND ORDINANCE NO. 50 , 1987 OF THE COUNCIL OF THE CITY OF FORT COLLINS BEING AN ORDINANCE APPROPRIATING PRIOR YEAR RESERVES IN THE ENERGY 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 fund minor energy conservation measures, to fund new energy saving devices, and to fund further maintenance technician energy conservation training; and WHEREAS, Accounting has indicated that prior year reserves in the Energy Fund are sufficient to cover this appropriation for expenditure of funds, and to maintain required reserve balances. 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 Energy Fund the total sum of FORTY THOUSAND DOLLARS ($40,000) for the accomplishment of various energy conservation measures. Introduced, considered favorably on first reading, and ordered published this 17th day of March, A.D. 1987, and to be presented for final passage on the 21st day of April , A.D. 1987. Ma ATTEST: City Clerk ' Passed and adopted on final reading this 21st day of April , A.D. 1987. v� Mayo TTFST- City Clerk