HomeMy WebLinkAbout082 - 06/17/1997 - APPROPRIATING UNANTICIPATED REVENUE IN THE GENERAL FUND FOR THE FACADE RESTORATION OF THE TRIMBLE AN ORDINANCE NO. 82, 1997
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED GRANT REVENUE
IN THE GENERAL FUND
WHEREAS, the City has been awarded a grant in the amount of$95,000 from the State
of Colorado Historical Society; and
WHEREAS, the grant will be used to restore the streetfront facades of the historic Trimble
and Binkler Blocks on North College Avenue; and
WHEREAS, the building owners will provide grant matching funds in the amount of
$197,950 and will be contracting for the work; and
WHEREAS, the City will administer the grant funds and be responsible for the distribution
of the grant funds; and
WHEREAS, Article V, Section 9, of the Charter of the City of Fort Collins permits the
City Council to make supplemental appropriations by ordinance at any time during the fiscal year,
provided that the total amount of such supplemental appropriations, in combination with all
previous appropriations for that fiscal year, do not exceed the then current estimate of actual and
anticipated revenues to be received during the fiscal year; and
WHEREAS, City staff has determined that the appropriation of the unanticipated grant
revenue from the Colorado Historical Society referenced herein will not cause total appropriations
to exceed the current estimate of actual and anticipated revenues for fiscal year 1997; and
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that, upon receipt, there is hereby appropriated for expenditure from unanticipated
grant revenue in the General Fund the sum of NINETY-FIVE THOUSAND DOLLARS ($95,000)
for expenditure in the General Fund for the facade restoration of the Trimble and Binkler Blocks
on North College Avenue.
Introduced, considered favorably on first reading, and orde ublished is 3rd day of
June, A.D. 1997, and to be presented for final passage on the th day of J e, D. 1997.
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 17th day of June, A.D. 1997.
Mayor Pro Tom
ATTEST:
- mL)k ��u o, �,-
City Clerk