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HomeMy WebLinkAbout149 - 11/01/1994 - APPROPRIATING PRIOR YEAR RESERVES FOR A REGIONAL PLANNING AND GROWTH MANAGEMENT PROJECT ORDINANCE NO. 149, 1994 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES FOR A REGIONAL PLANNING AND GROWTH MANAGEMENT PROJECT WHEREAS, the City of Fort Collins and surrounding areas are experiencing significant development and urban growth pressures; and WHEREAS, the City Council is concerned about the preservation of community identity and physical separation between existing cities and towns in the region; and WHEREAS, on June 7, 1994, the City Council adopted Resolution 94-90 endorsing the regional Planning and Growth Management initiative for a regional project designed to preserve the distinct identities of the communities ("the Project") ; and WHEREAS, the total cost of the Project is $75,000; and WHEREAS, the Colorado Department of Local Affairs will provide a $25,000 grant to the Town of Windsor for the Project; and WHEREAS, the balance of $50,000 is being shared based on a per-capita formula among the cities of Greeley, Loveland, Fort Collins; the towns of Berthoud, Evans, Milliken, and Wellington; and Larimer County; and WHEREAS, Fort Collins' estimated share of the cost is $25,000; and WHEREAS-, there are adequate funds in the General Fund Reserve for Contingencies to fund this request; and WHEREAS, Article V, Section 7, of the Charter authorizes the City Council to provide by ordinance for payment of any expense from reserves accumulated in prior years, notwithstanding that such reserves were not appropriated for expenditure in the annual appropriation ordinance. 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 sum of TWENTY-FIVE THOUSAND DOLLARS ($25,000) to share in the cost of a Regional Planning and Growth Management Project. introduced, considered tavorabTy on =ayor , and order published this 18th day of October, A.D. , 1994, and ed for f' al assage on the 1st day of November, A.D. , 1994. ATTEST: (� City Clerk Passed and adopted on Final Reading this 1st d of November A$ 1994. Mayor ATTEST:((\�� rn1Un—Ik City Clerk