HomeMy WebLinkAbout034 - 05/04/1993 - APPROPRIATING UNANTICIPATED REVENUE IN THE TRANSPORTATION DIVISION PORTION OF THE TRANSPORTATION FUN ORDINANCE NO. 34, 1993
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
TRANSPORTATION DIVISION PORTION OF THE
TRANSPORTATION 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 93-51 on April 20, 1993,
authorizing the City to enter into an intergovernmental agreement with the
Colorado State Department of Transportation for the receipt of Federal -Aid Urban
Systems (FAUS) and Surface Transportation Program (STP) funds to provide for
traffic signal construction and bicycle projects; and
WHEREAS, the City anticipates receiving $516,000 in FAUS and STP funds
combined, for the purpose of constructing four traffic signals and two bicycle
projects.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS
that upon the City's receipt of the sum of FIVE HUNDRED SIXTEEN THOUSAND DOLLARS
(b516,000) in Federal-Aid Urban Systems (FAUS) and Surface Transportation Program
(STP) funds from the Colorado State Department of Transportation, said sum is
appropriated for expenditure from unanticipated revenue in the Transportation
Division portion of the Transportation Fund to provide for the construction of
four (4) traffic signals and two (2) bicycle projects.
Introduced, considered favorably on first reading, and ordered published
this 20th day of April , A.D. 1993, and to be presen for final passage on the
4th day of May, A.D. 1993.
Mayor
ATTEST: QQ
City Clerk
Passed and adopted on final reading this 4th May, A.D
Y
ATTEST:
City Clerk