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HomeMy WebLinkAbout196 - 01/15/1985 - APPROPRIATING UNANTICIPATED REVENUE IN THE DOWNTOWN DEVELOPMENT AUTHORITY FUND FOR PEDESTRIAN WAY IM _ __ i__ ORDINANCE NO. 196 , 1984 OF THE COUNCIL OF THE CITY OF FORT COLLINS, APPROPRIATING UNANTICIPATED REVENUE IN THE DOWNTOWN DEVELOPMENT AUTHORITY FUND FOR PEDESTRIAN WAY IMPROVEMENTS WHEREAS, Article V, Section 15, of the Charter of the City of Fort Collins permits the Council to appropriate unanticipated revenue received at any time during the year; and WHEREAS, the Downtown Development Authority has issued bonds in the approximate amount of $8.2 million; and WHEREAS, the Downtown Development Authority has developed Guidelines to be used in the renovation and upgrading of pedestrian ways within the District; and WHEREAS, the Authority wishes to assist in said pedestrian way im- provements. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure from unantici- pated revenue in the Downtown Development Authority Fund the sum of FIFTY- EIGHT THOUSAND FIVE HUNDRED DOLLARS ($58,500) for use in the the renovation and upgrading of predestrian ways within the Downtown Development Authority District. Introduced, considered favorably on first reading, and ordered pub- lished this 18th day of December, A.D. 1984, and to be presented for final passage on the 15th day of January, A.D. 1985. J4-c�' tifit� Mayor ATTEST: t City Clerk -- Passed and adopted on final reading the 15th day of January, A.D. 1985. Mayor ATTEST: City C I erk