Loading...
HomeMy WebLinkAbout069 - 07/02/1991 - APPROPRIATING BUILDING AND IMPROVEMENT RESERVES IN THE GENERAL FUND AND AUTHORIZING THE TRANSFER OF ORDINANCE NO. 69, 1991 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING BUILDING AND IMPROVEMENT RESERVES IN THE GENERAL FUND AND AUTHORIZING THE TRANSFER OF APPROPRIATED AMOUNTS TO THE RECREATION FUND WHEREAS, Article V, Section 8, of the Charter of the City of Fort Collins (the "Charter") authorizes the City Council to provide by ordinance for payment of any expense from reserves accumulated in prior years, notwithstanding that such reserves were not appropriated for expenditure in the annual appropriation ordinance; and WHEREAS, a condenser failure in March 1991, on the refrigeration unit at the Edora Pool & Ice Center resulted in emergency repairs and replacement of the condenser; and WHEREAS, the cost of the repairs and replacement of the condenser total $64,216; and WHEREAS, the aforementioned costs were not appropriated for expenditure in the Recreation Fund; and WHEREAS, funds in the amount of $64,216 are available in the General Fund building and improvement reserve. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS, as follows: Section 1. That there is hereby appropriated from building and improvement reserves in the General Fund the sum of SIXTY-FOUR THOUSAND TWO HUNDRED SIXTEEN DOLLARS ($64,216) for transfer to the Recreation Fund. Section 2. That SIXTY-FOUR THOUSAND TWO HUNDRED SIXTEEN DOLLARS ($64,216) is authorized for transfer from the General Fund to the Recreation Fund and appropriated therein to cover costs of repairing and replacing the condenser unit on the refrigeration unit at Edora Pool & Ice Center. Introduced, considered favorably on first reading, and ordered published this 4th day of June, A.D. 1991, and to be presented for final passage on the 2nd day of July, A.D. 1991 . May r ATTEST: City Clerk Passed and adopted on final reading this 2nd day of July, A.D. 1991. Mayor ATTEST: City Clerk