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HomeMy WebLinkAbout189 - 12/07/2004 - APPROPRIATING UNANTICIPATED REVENUE IN THE COMMUNITY DEVELOPMENT BLOCK GRANT FUND ORDINANCE NO. 189, 2004 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE COMMUNITY DEVELOPMENT BLOCK GRANT FUND WHEREAS,the City will receive unanticipated Community Development Block Grant("CDBG") Program income in the 2004-2005 federal fiscal year in the amount of$47,693; 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 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 CDBG Program income will not result in total appropriations in excess of the current estimate of actual and anticipated revenues for fiscal year 2004; and WHEREAS, by adoption of Resolution 2004-132, the City Council approved Additional Programs/Projects for the 2004-2005 Community Development Block Grant 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, upon receipt thereof into the Community Development Block Grant Fund, the amount of FORTY-SEVEN THOUSAND SIX HUNDRED AND NINETY-THREE DOLLARS ($47,693)for approved Community Development Block Grant programs and projects. Introduced, considered favorably on first reading, and ordered published this 16th day of November, A.D. 2004, and to be presented for final passa;ayor on the 7th da ecember, A. . 2004. ATTEST: City Clerk , Passed and adopted on final reading this 7th day of Dece 004. G� Mayor ATTEST: City Clerk