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HomeMy WebLinkAbout010 - 02/21/1995 - APPROPRIATING UNANTICIPATED REVENUE IN THE TRANSPORTATION DIVISION PORTION OF THE TRANSPORTATION SER_ .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ORDINANCE NO. 10, 1995 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE TRANSPORTATION DIVISION PORTION OF THE TRANSPORTATION SERVICES FUND WHEREAS, Article V, Section 14, of the Charter of the City of Fort Collins (the "Charter") authorizes the City Council to appropriate unanticipated revenues which are the result of new revenue sources at any time during the year in which such revenue is received; and WHEREAS,the City Council passed Resolution 95-11,on February 7, 1995,authorizing the City to enter into an intergovernmental agreement with the Colorado State Department of Transportation(CDOT)for the receipt of CDOT funds, not to exceed $50,000, on a reimbursement basis for the construction of a traffic signal at the intersection of U.S. Highway 287 and Fossil Creek Parkway (the "project"); and NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that upon the City's receipt of the sum of FIFTY THOUSAND DOLLARS ($50,000) from the Colorado Department of Transportation, said sum is hereby appropriated for expenditure from unanticipated revenue in the Transportation Division portion of the Transportation Services Fund to be used to construct a traffic signal at the intersection of U.S. Highway 287 and Fossil Creek Parkway. Introduced, considered favorably on firsttayor and or de published this 7th day of February,A.D. 1995, and to be presented for final n I ay of F ary, D. 1995. ATTEST: !1\1 �'OluI11� `On City Clerk Passed and adopted on final reading this 21 st day of A.D. 5. r, C-Nf ayor ATTEST: Citv Cl'lerkeu�