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HomeMy WebLinkAbout010 - 02/20/1990 - APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND RELATING TO CONFISCATED PROPERTY ORDINANCE NO. 10 , 1990 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND WHEREAS, Article V, Section 8, of the Charter of the City of Fort Collins authorizes the City Council to provide by ordinance for payment of any expense from prior year reserves at any time such reserves are available; and WHEREAS, Fort Collins Police Services has seized money and property used in criminal activities and has caused them to be forfeited in accordance with the Colorado Contraband Forfeiture Act; and WHEREAS, the funds received from these forfeitures have been deposited in a restricted reserve in the General Fund to be used for expenses other than those constituting the normal operating needs of Police Services in accordance with Section 16-13-506 C.R.S. 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 in the General Fund the total sum of FIFTY-EIGHT THOUSAND ONE HUNDRED TWENTY DOLLARS ($58,120) for Police Services' expenditures which are consistent with its functions and duties but distinct from its normal operating needs. Introduced, considered favorably on first reading, and ordered published this 6th day of February, A.D. 1990, and to be presented for final passage on the 20th day of February, A. . 1990, Ll_,�" ayor TTEST: N�ML)kr:�..0-& - City Clerk Passed and adopted on final reading this 20th day of February, A.D. 1990. Mayor ATTEST: 1 City Clerk