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HomeMy WebLinkAbout089 - 08/21/1990 - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND FOR BLOCK 21 ALLEY IMPROVEMENTS ORDINANCE NO. 89 , 1990 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND FOR BLOCK 21 ALLEY IMPROVEMENTS WHEREAS, Article V, Section 15, of the Charter of the City of Fort Collins (the "Charter") authorizes the City Council to appropriate by ordinance unanticipated revenue received as a result of new revenue sources received at any time during the year; and WHEREAS, the City wishes to commence work to reconstruct and improve concrete pavement, sidewalk, curb and gutter in the Block 21 Alley along the frontage of the Opera Galleria; and WHEREAS, the Developer of the Opera Galleria is in agreement with the City to participate in the removal and replacement of concrete pavement along the frontage of the Opera Galleria as part of the City's development requirements; and WHEREAS, the City has received the Developer's share of the funds needed for the Block 21 Alley improvements, totalling $11,021 ; and WHEREAS, the aforementioned funds received from the Developer will be used along with previously appropriated City funds in the Capital Projects Fund to construct the improvements. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure from unanticipated revenue in the Capital Projects Fund, the sum of ELEVEN THOUSAND TWENTY ONE DOLLARS ($11,021) to be used with previously appropriated City funds for Block 21 Alley improvements. Introduced, considered favorably on first reading, and ordered published this 7th day of August, A.D. 1990, and to be presented for final passage on the 21st day of August, A.D. 990 . i ayor ATTEST: nn rr\\ 3AM City Clerk Passed and adopted on final reading this 21st day of August, A.D. 1990. Mayor I ATTEST: � W City Clerk