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HomeMy WebLinkAbout012 - 02/17/1998 - APPROPRIATING PRIOR YEAR RESERVES IN THE CEMETERY FUND AND AUTHORIZING THE TRANSFER OF SUCH FUNDS TO ORDINANCE NO. 12, 1998 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE CEMETERY FUND AND AUTHORIZING THE TRANSFER OF SUCH FUNDS TO THE CAPITAL PROJECTS FUND WHEREAS, the City wishes to construct 144 new columbarium niches in the "Four Seasons Complex" at Grandview Cemetery; and WHEREAS, the cost of the columbarium niches will be $28,170; and WHEREAS, funds to cover this cost have been generated from the sale of existing columbarium niches; and WHEREAS, these funds are available in Cemetery Fund prior year reserves; and WHEREAS, Article V, Section 9, of the Charter of the City of Fort Collins permits the City Council to appropriate by ordinance at any time during the fiscal year such funds for expenditure as may be available from reserves accumulated in prior years, notwithstanding that such reserves were not previously appropriated; and WHEREAS, Article V, Section 10, of the Charter authorizes the City Council to transfer by ordinance any unexpended and unencumbered amount or portion thereof from one fund or project to another fund or project, provided that the purpose for which the transferred funds are to be expended remains unchanged. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure from the Cemetery Fund Reserves the sum of TWENTY-EIGHT THOUSAND ONE HUNDRED SEVENTY DOLLARS ($28,170), which amount is authorized for transfer to the Mausoleum/Columbarium Complex project in the Capital Projects Fund and appropriated therein. Introduced and considered favorably on first reading and-,ordered published this 3rd day of February, A.D. 1998, and to be presented for final passage one 17th day of Feary,�A.D. 1998. / ,O ayor ATTEST: - "A ��--� City Clerk Passed and adopted on final reading this 17th day of February, A.D. J-m - Mayor ATTEST: A .S1 &�Uc". . City Clerk