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HomeMy WebLinkAbout122 - 08/16/1994 - APPROPRIATING PRIOR YEAR RESERVES IN THE CULTURAL SERVICES AND FACILITIES FUND ORDINANCE NO. 122, 1994 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE CULTURAL SERVICES & FACILITIES FUND WHEREAS, Article V, Section 7, of the Charter of the City of Fort Collins authorizes the City Council to provide by ordinance for the payment of any expenses from reserves accumulated in prior years notwithstanding that such reserves were not appropriated for expenditure in the annual appropriation ordinance; and WHEREAS, the Cultural Services & Facilities Fund realized certain savings from Lincoln Center operations at the end of 1993; and WHEREAS, the foregoing savings are accounted for in the Cultural Services & Facilities Fund, Lincoln Center Unreserved Fund Balance; and WHEREAS, the Lincoln Center is requesting the use of these savings for items that will enhance present service deliveries as well as ensure that current service levels are maintained. 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 Cultural Services & Facilities Fund the sum of TWENTY-NINE THOUSAND THREE HUNDRED FORTY DOLLARS ($29,340) to be used for equipment, maintenance, repairs, and other items in connection with providing service at the Lincoln Center. Introduced, considered favorably on first reading, and ordered published this 2nd day of August, A.D. 1994, and to be presented for inal passage on the 16th day of August, A.D. 1994. f Mayor ATTEST: ((� ��J '17mnvel� t'1 \ 9 City Clerk erg Passed and adopted on final reading this 16th day o ugust, A 994. O mayor ATTEST: `n City Clerk