Loading...
HomeMy WebLinkAbout162 - 12/02/2003 - APPROPRIATING UNANTICIPATED REVENUE IN THE HOME INVESTMENT PARTNERSHIPS FUND ORDINANCE NO. 162, 2003 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE HOME INVESTMENT PARTNERSHIPS FUND WHEREAS, the City will receive unanticipated HOME Program income in the 2003-2004 federal fiscal year in the amount of$100,000; and WHEREAS, Article V, Section 9, of the Charter of the City of Fort Collins permits the City Council to make supplemental appropriations by ordinance at any time during the fiscal year, provided that the total amount of such supplemental appropriations,in combination with all previous appropriations for that fiscal year,does not exceed the then current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS, City staff has determined that the appropriation of unanticipated HOME Program income will not result in total appropriations in excess of the current estimate of actual and anticipated revenues for fiscal year 2003; and WHEREAS,by adoption of Resolution 2003-127 the City Council approved Programs and Projects for the 2003-2004 Home Investment Partnerships Program. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated from unanticipated program income revenue for approved Home Investment Partnerships projects, upon receipt thereof into the Home Investment Partnerships Grant Fund,the amount of ONE HUNDRED THOUSAND DOLLARS($100,000)for approved Home Investment Partnerships projects. Introduced, considered favorably on first reading, and ordered published this 18th day of November,A.D. 2003,and to be presented for final passage on the 2nd dayoDecember,A.D.2003. 1 Mayor ATTEST: City Clerk Passed and adopted on final reading this 2nd day of De A.D. 2003. Mayor ATTEST: City Clerk/awel' �r