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HomeMy WebLinkAbout103 - 10/02/1990 - APPROPRIATING UNANTICIPATED REVENUE IN THE RECREATION FUND AND AUTHORIZING THE TRANSFER OF APPROPRIA ORDINANCE NO. 103, 1990 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE RECREATION FUND AND AUTHORIZING THE TRANSFER OF APPROPRIATED AMOUNTS TO THE CAPITAL PROJECTS FUND FOR MAJOR BUILDING MAINTENANCE AND APPROPRIATING THE SAME IN THE CAPITAL PROJECTS FUND WHEREAS, the City's Recreation Division has received $27,500 in unanticipated revenue from the Anheuser-Busch Corporation; and WHEREAS, the $27,500 represents the second half of the $55,000 total donation from Anheuser-Busch to be used to make improvements to the Northside Aztlan Community Center; and WHEREAS, prior appropriations for improvements to the Northside Aztlan Community Center have been collectively budgeted for expenditure from the Capital Projects Fund Major Building Maintenance; and WHEREAS, Article V, Section 15, of the Charter of the City of Fort Collins (the "Charter") authorizes the City Council to appropriate unanticipated revenue received at any time during the year; and to transfer unexpended, appropriated amounts from one fund to another upon the recommendation of the City Manager, provided that the purpose of the initial expenditure of said funds no longer exists; and WHEREAS, expenditures for improvements to the Northside Aztlan Community Center will occur from the Capital Projects Fund and, as a result, the purpose for the expenditure of this $27,500 from the Recreation Fund no longer exists. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That there is hereby appropriated from unanticipated revenue in the Recreation Fund the sum of TWENTY-SEVEN THOUSAND FIVE HUNDRED DOLLARS ($27,500) for transfer to the Capital Projects Fund Major Building Maintenance account. Section 2. That TWENTY-SEVEN THOUSAND FIVE HUNDRED DOLLARS ($27,500) is authorized for transfer from the Recreation Fund to the Capital Projects Fund Major Building Maintenance account and appropriated therein for improvements to the Northside Aztlan Community Center. Introduced, considered favorably on first reading, and ordered published this 18th day of September, A.D. 1990, and to be presented for final passage on the 2nd day of October, P.D. 1990. I / / Mayor ATTEST: City Clerk Passed and adopted on final readW&x his 2nd day of October, A.D. 1990. , l Mayor ATTEST: City