HomeMy WebLinkAbout142 - 10/04/1994 - AUTHORIZING THE TRANSFER OF APPROPRIATIONS FROM THE GREENBRIAR PARK CAPITAL PROJECT TO THE PARKLAND ORDINANCE NO. 142, 1994
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE TRANSFER OF APPROPRIATIONS FROM
THE GREENBRIAR PARK CAPITAL PROJECT TO
THE PARKLAND ACQUISITION CAPITAL
PROJECT IN THE PARKLAND FUND
WHEREAS, Article V, Section 14, of the City Charter provides that the
Council may, by ordinance, upon the recommendation of the City Manager, transfer
any unexpended appropriated amount or portion thereof from one fund to another,
provided that the purpose for which the transferred funds are to be expended
remains unchanged or the purpose for which the funds were initially appropriated
no longer exists; and
WHEREAS, funds in the amount of $45,000 are needed in the Parkland
Acquisition Capital Project_ for the purchase of a neighborhood park at
Miramont/Oak Farm; and
WHEREAS, funds in the amount of $55,000 are needed in the Parkland
Acquisition Capital Project for the purchase of other parkland; and
WHEREAS, the completed Greenbriar Park Capital Project has a remaining
balance of $147,869 and $100,000 of these funds are no longer needed for the
Greenbriar Park Project; and
WHEREAS, the City Manager is recommending the transfer of $100,000 from the
Greenbriar Park Capital Project to the Parkland Acquisition Capital Project
within the Parkland Fund for the purposes described above.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS
that the amount of One Hundred Thousand Dollars ($100,000) in the Greenbriar Park
Capital Project is hereby authorized for transfer to the Parkland Acquisition
Capital Project with $45,000 to be used for the purchase of a neighborhood park
in Miramont/Oak Farm and $55,000 to be used to acquire other parkland within the
City.
Introduced, considered favorably on first reading, and ordered published
this 20th day of September, A.D. 1994, and to be pres d for final p on
the 4th day of October, A.D. 1994.
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 4th da ctober, A.
yor
ATTEST:
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