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HomeMy WebLinkAbout145 - 12/18/2007 - AMENDING SECTION 2-575 OF THE CITY CODE RELATING TO COUNCILMEMBER COMPENSATION ORDINANCE NO. 145, 2007 OF THE COUNCIL OF THE CITY OF FORT COLLINS AMENDING SECTION 2-575 OF THE CODE OF THE CITY OF FORT COLLINS RELATING TO COUNCILMEMBER COMPENSATION WHEREAS,on April 8, 1997,the electorate of the City approved certain amendments to the City Charter; and WHEREAS, one such amendment was an amendment to Article 11, Section 3 of the City Charter, pertaining to the compensation of Councilmembers; and WHEREAS,Article 11,Section 3 of the City Charter,as amended,provides that,commencing in 1998,the amounts of compensation of the Mayor and Councilmembers shall be adjusted annually for inflation in accordance with the Denver/Boulder Consumer Price Index(estimated to be 2.50%); and WHEREAS,the history of Council compensation since the first adjustment for inflation was made is as follows: Year Mayor Councilmember 1999 $770 $515 2000 $790 $525 2001 $825 $550 2002 $860 $575 2003 $880 $585 2004 $895 $595 2005 $895 $595 2006 $912 $606 2007 $945 $630 and WHEREAS, after applying the foregoing inflation factor for the year 2008, the amount of compensation for the Mayor for 2008 should be nine hundred seventy dollars($970)per month,and for other Councilmembers, six hundred fifty dollars ($650)per month. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that Section 2-575 of the Code of the City of Fort Collins be, and hereby is, amended to read as follows: Sec. 2-575. Compensation of City Councilmembers. Commencing January 1,2008,the compensation for all Councilmembers except the Mayor shall be six hundred fifty dollars($650.)per month and the compensation of the Mayor shall be nine hundred seventy dollars ($970.) per month. These amounts shall be adjusted annually for inflation in accordance with the Denver/Boulder Consurner Price Index. Introduced, considered favorably on first reading, and ordered published this 4th day of December, A.D. 2007, and to be presented for final passage on the 18th day of December, A.D. 2007. Mayo ATTEST: City Clerk Passed and adopted on final reading on the 18th day of mber, A.D. 2007. Mayor J ATTEST: ki)9 A City Clerk