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HomeMy WebLinkAbout023 - 03/15/1983 - AUTHORIZING THE TRANSFER OF APPROPRIATIONS BETWEEN CAPITAL PROJECTS A ORDINANCE NO. 23 1983 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE TRANSFER OF APPROPRIATIONS BETWEEN CAPITAL PROJECTS WHEREAS, Article V, Section 15 of the Charter of the City of Fort Collins authorizes City Council to transfer appropriated amounts from one project to another project; and WHEREAS, the City has created the Boardwalk Special Improvement Dis- trict #77 for the construction of improvements for Boardwalk and Landings Drive; and WHEREAS, the total appropriated project budget is Eight Hundred Fifty-Six Thousand Dollars ($856,000) and WHEREAS, the Council of the City of Fort Collins passed Ordinance No. 20 , 1983 , increasing the total allowable project budget to $900 ,400 ; and WHEREAS, this action would cause the allowable project budget to exceed the appropriated budget by some $44,400; and WHEREAS, appropriated bond proceeds are available in Improvement District #75 for transfer to Special Improvement District #77. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the following transfer is authorized: FROM: Improvement District #75 $44,400 TO: Special Improvement District #77 $44,400 Introduced, considered favorably on first reading, and ordered pub- lished this 1st day of March, A.D. 83, and to be presented for final passage on the 15th day of March, A. 1 83. Assistant Ma ATTEST: City Clerk QS Passed and adopted on final reading this 15th day of March, A.D. 1983. Mayor ATTEST: 7 Clerk e r� Cityty Clerk -2-