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HomeMy WebLinkAbout069 - 05/05/1987 - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND AND AUTHORIZING THE TRANSFER OF APP ORDINANCE NO. 69 , 1987 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND AND AUTHORIZING THE TRANSFER OF APPROPRIATIONS BETWEEN CAPITAL PROJECTS WHEREAS, Article V, Section 15, of the Charter of the City of Fort Collins permits the Council to appropriate unanticipated revenue at any time during the year in which such revenue is received and to transfer appropriated amounts from one project to another project; and WHEREAS, the City has been awarded a grant from the Colorado Department of Highways Special Bridge Fund in the amount of $170,546 to replace the existing bridge on LaPorte Avenue over the Larimer County Canal No. 2; and WHEREAS, matching City funds in the amount of $42,636 are available from savings in the Harmony Road Railroad Crossing project. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS: Section 1 . That there is hereby appropriated from unanticipated revenue in the Capital Projects Fund the sum of ONE HUNDRED SEVENTY THOUSAND FIVE HUNDRED FORTY SIX DOLLARS ($170,546) to replace the existing bridge on LaPorte Avenue over the Larimer County Canal No. 2. Section 2. That the following transfer of existing appropriations be authorized: FROM: Harmony Road Railroad Crossing $42,636 TO: LaPorte Avenue Bridge over Larimer County Canal No. 2 $42,636 Introduced, considered favorably on first reading, and ordered published this 21st day of April A.D. 1987, and to be presented for final passage on the 5th day of May, A.D. 1987. Mayor ATTEST: City Clerk Passed and adopted on final reading this 5th day of May, A.D. 1987. ay9 ATTEST: MG City Clerk