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HomeMy WebLinkAbout102 - 07/06/1999 - APPROPRIATING PRIOR YEAR RESERVES FOR EQUIPMENT REPLACEMENT ORDINANCE NO. 102, 1999 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES FOR EQUIPMENT REPI:ACEMENT WHEREAS,in 1992, an administrative policy for equipment replacement and the purchase of future equipment was approved by the Executive Lead Team; and WHEREAS, with this policy 1993 existing lease purchase funds were distributed to departments for equipment replacement needs; and WHEREAS, unspent equipment funds become a part of each departments' reserve for equipment replacement; and WHEREAS, some of the service programs are now requesting the use of their equipment reserves for equipment or system purchases; and WHEREAS,the City Manager has reviewed the requests for use of savings and recommends Council approval of the same; 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. NOW, THEREFORE, BE IT ORDAINED BY THE, COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure from equipment replacement prior year reserves in the General Fund the total sum of SEVEN HUNDRED TWENTY-FIVE THOUSAND FIVE HUNDRED TWO AND DOLLARS ($725,502) to be allocated as follows: Information Technology $ 93,500 Cable/Video 16,400 E-mail 8,700 Communications and Public Involvement 3,000 Engineering 240,000 CPES - Development Tracking System 21,500 Building and Zoning 48,000 Forestry and Landscaping 3,202 Park Planning and Development 10,641 Library 217,734 Finance 62,825 Total $725,502 Introduced,considered favorably on first reading,and ordered published this 15th day of June A.D. 1999, and to be presented for final passage on the 6th day of July, A.D. 1999. Ma,,or ATTEST: City Clerk Passed and adopted on final reading this 6th day of July, A.D. 191 - Mavor ATTEST: Vta.(A A d City Clerk