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HomeMy WebLinkAbout100 - 09/21/1993 - APPROPRIATING PRIOR YEAR RESERVES IN THE RECREATION FUND ORDINANCE NO. 100, 1993 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE RECREATION FUND WHEREAS, Article V, Section 7, of the Charter of the City of Fort Collins authorizes the City Council to provide by ordinance for payment of any expense from reserves accumulated in prior years notwithstanding that such reserves were not appropriated for expenditure in the annual appropriation ordinance; and WHEREAS, the Recreation Fund had savings at the end of 1992; and WHEREAS, these savings are accounted for in the Recreation Fund under various reserves established for specific purposes; and WHEREAS, the Recreation Division is requesting the use of these savings, specifically those accumulated in the reserve designated for Equipment and Capital Needs, to be used for equipment, repairs, and capital needs at the Edora Pool/Ice Center, and remodeling of facilities to accommodate existing recreation sports staff. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure from prior year reserves designated for Equipment and Capital Needs in the Recreation Fund the sum of SEVENTY-SIX THOUSAND SEVEN HUNDRED THIRTY DOLLARS (E76,730) to be used for equipment, repairs, and capital needs at the Edora Pool/Ice Center, and facility remodeling costs to accommodate existing staff. Introduced, considered favorably on first reading, and ordered published this 7th day of September, A.D. 1993, and to be presented for final passage on the 21st day of September, A.D. 1993. -Mayor ATTEST: �j n City Clerk Passed and adopted on final reading t=2 �tf Septe 1 DD �1993.J Ze c Mayor ATTEST: AOA� . oL City Clerk