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HomeMy WebLinkAbout143 - 09/21/1999 - APPROPRIATING UNANTICIPATED REVENUE IN THE GENERAL FUND FOR THE NORTHERN COLORADO COMMUNITIES I-25 R ORDINANCE NO. 143, 1999 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE GENERAL FUND FOR THE NORTHERN COLORADO COMMUNITIES I-25 REGIONAL CORRIDOR PLAN WHEREAS,the City of Fort Collins, along with Larimer County, City of Loveland, Town of Berthoud, Town of Johnstown, Town of Timnath, Town of Windsor and Weld County have together planned and arranged for a Northern Colorado Communities I-25 Corridor Plan (the "Plan"); and WHEREAS, the total cost for the Plan is estimated at $300,000, with Fort Collins contributing $137,280 and six other jurisdictions contributing the remaining $162,720; and WHEREAS,Fort Collins' share of the cost of the 1999 phase of the Plan has been included in the City's 1999 budget; and WHEREAS, $108,320 of the$162,720 to be received from the other jurisdictions has been received for the first phase of the Plan; and WHEREAS, the remaining amount of $54,400 will be received from the other project participants in the year 2000 for the second phase of the plan; and WHEREAS,the City wishes to appropriate the $108,120 that has been received for the cost of the first phase of the Plan; 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. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated from unanticipated revenue in the General Fund the sum of ONE HUNDRED EIGHT THOUSAND THREE HUNDRED TWENTY DOLLARS($108,320) for expenditure in the General Fund for the I-25 Regional Corridor Plan. Introduced and considered favorably on first reading and ordered published this 7th day of September, A.D. 1999, and to be presented for final passage on the 21st day of September, A.D. 1999. Mavor ATTEST: "4 �L--0 al City Clerk 1. Passed and adopted on final reading this 21 st day of September, A.D. 1999. Mayor Pro Tor? ATTEST: City Clerk