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HomeMy WebLinkAbout086 - 06/02/1987 - APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND FOR REPLACEMENT OF COMPUTER TERMINALS IN THE P ORDINANCE NO. 86 , 1987 OF THE COUNCIL OF THE CITY OF FORT COLLINS BEING AN ORDINANCE APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND WHEREAS, the City wishes to provide for the expenditure listed below which will improve our service to the public; and 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, prior year reserves exist in the General Fund and are sufficient to cover this appropriation, and to maintain required reserve balances; and WHEREAS, the Finance Committee has considered the requested appropriation and recommends funding. 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 General Fund the total sum of THIRTY SIX THOUSAND FOUR HUNDRED DOLLARS ($36,400) for replacement of computer terminals in the Public Library. Introduced, considered favorably on first reading, and ordered published this 19th day of May, A.D. 1987, and to be presented for final passage on the 2nd day of June, A.D. 1987. ATTEST: City Cler Passed and adopted on final reading this 2nd day of June, A.D. 1987. EST �6. City Clerk