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HomeMy WebLinkAbout176 - 01/07/2003 - AMENDING THE CITY CODE RELATING TO COUNCILMEMBER COMPENSATION ORDINANCE NO. 176, 2002 OF THE COUNCIL OF THE CITY OF FORT COLLINS AMENDING SECTION 2-575 OF THE CODE OF THE CITY OF FORT COLLINS RELATING TO COUNCILMEMBER COMPENSATION WHEREAS,on April 8, 1997,the electorate of the City approved certain amendments to the City Charter; and WHEREAS, one such amendment was an amendment to Article H, Section 3 of the City Charter, pertaining to the compensation of Councilmembers; and WHEREAS,Article H,Section 3 of the City Charter,as amended,provides that,commencing in 1998,the amounts of compensation of the Mayor and Councilmembers shall be adjusted annually for inflation in accordance with the Denver/Boulder Consumer Price Index (est. to be 2.1%); and WHEREAS,the history of Council compensation since the first adjustment for inflation was made is as follows: Year Mayor Councilmember 1999 $770 $515 2000 $790 $525 2001 $825 $550 2002 $860 $575 and WHEREAS, after applying the foregoing inflation factor for the year 2003, the amount of compensation for the Mayor for 2003 should be eight hundred eighty dollars ($880)per month,and for other Councilmembers, five hundred eighty-five dollars ($585) per month. NOW,THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that Section 2-575 of the Code of the City of Fort Collins be, and hereby is, amended to read as follows: Sec. 2-575. Compensation of City Councilmembers. Commencing January 1,2003,the compensation for all Councilmembers except the Mayor shall be five hundred eighty-five dollars ($585.) per month and the compensation of the Mayor shall be eight hundred eighty dollars($880.)per month. These amounts shall be adjusted annually for inflation in accordance with the Denver/Boulder Consumer Price Index. Introduced, considered favorably on first reading, and ordered published this 17th day of December, A.D. 2002, and to be presented for final passage on the 7th day-Of January, A.D. 2003. Mayor M t ATTEST: ,6 AAL City Clerk Passed and adopted on final reading this 7th day of January, A.D 03. Mayor ATTEST: to, <.��k - City Clerk