HomeMy WebLinkAbout075 - 06/05/2007 - APPROPRIATING UNANTICIPATED REVENUE FROM THE FORT COLLINS REGIONAL LIBRARY DISTRICT FOR THE CONTINUA ORDINANCE NO. 075, 2007
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE FROM THE FORT
COLLINS REGIONAL LIBRARY DISTRICT FOR THE
CONTINUATION OF LIBRARY SERVICES FOR
FISCAL YEAR 2007
WHEREAS, on November 7,2006, the voters approved a citizen initiative to establish and
fund the Fort Collins Regional Library District(the"Library District")pursuant to Title 24,Article
90 of the Colorado Revised Statutes (the"Library Law"); and
WHEREAS, the City Council and Larimer County Commissioners each appointed two of
their members to a committee (the "Committee") to fill seven positions on the initial board of
trustees of the Library District as required by the Library Law; and
WHEREAS,on March 6,2007,the City Council,pursuant to the requirements of the Library
Law, adopted a resolution that ratifies the Committee's appointments of the Board of Trustees of
the Fort Collins Regional Library District (the "Board of Trustees"); and
WHEREAS, the Board of Trustees sent a letter to the City Council and the City Manager,
dated April 16,2007,in which it notified the City Council of its adoption of a motion to reimburse
the City of Fort Collins for providing library services during 2007 in an amount not to exceed
$3,851,153; and
WHEREAS,the City of Fort Collins has been accounting for the cost of library services and
the collections of the voter approved mill levy for funding the Library District; and
WHEREAS, the Library District has collected property taxes in the amount of$2,318,000
as of the end of April, 2007; and
WHEREAS, on November 21, 2006, the City Council adopted Ordinance No. 177, 2006,
approving$1,200,000 to provide library services for the first quarter of 2007; and,
WHEREAS, City Council desires to fund Library Services for the balance of fiscal year
2007; and
WHEREAS, it is the desire of the City Council to appropriate the sum of$2,651,153 to
continue offering library services.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated from unanticipated revenue the sum of TWO
MILLION SIX HUNDRED FIFTY-ONE THOUSAND ONE HUNDRED FIFTY-THREE
DOLLARS ($2,651,153), in to the General Fund to provide Library Services.
Introduced, considered favorably on first reading, and ordered published this 15th day of
May, A.D. 2007, and to be presented for final passage on the 5t y of June, A.D. 2007.
Mayo ,
ATTEST:
City Clerk
Passed and adopted on final reading on the 5th day of Jun A.D. 2007.
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Mayo
ATTEST:
City Clerk