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HomeMy WebLinkAbout016 - 02/15/1983 - APPROPRIATING REVENUE CONTAINED IN THE OPERATION AND MAINTENANCE ACCOUNT OF THE DOWNTOWN DEVELOPMENT ORDINANCE NO. 16 , 1983 OF THE COUNCIL OF THE CITY OF FORT COLLINS BEING AN ORDINANCE APPROPRIATING REVENUE CONTAINED IN THE OPERATION AND MAINTENANCE ACCOUNT OF THE DOWNTOWN DEVELOPMENT AUTHORITY OF FORT COLLINS SPECIAL FUND WHEREAS, the Council of the City of Fort Collins approved the 1983 budget of the Fort Collins Downtown Development Authority by Resolution 82-129; and WHEREAS, pursuant to Ordinance No. 15 , 1983, the Council of the City of Fort Collins established a special fund consisting of separate accounts for: -1) operation and maintenance expense of the Fort Collins Downtown Developemnt Authority; 2) tax increment funds received by the Fort Collins Downtown Development Authority; and, 3) project funds consisting of pro- ceeds of bonds, loans and other forms of indebtedness; and WHEREAS, it is the desire of the Council of the City of Fort Collins to appropriate One Hundred Two Thousand and Fifty Dollars ($102,050.00) contained in the operation and maintenance account of said special fund. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure on behalf of the Fort Collins Downtown Development Authority 1983, the sum of One Hundred Two Thousand and Fifty Dollars ($102,050.00) to be used for the operation and maintenance expenses of the Fort Collins Downtown Development Author- ity. Introduced, considered favorably on first reading, and ordered pub- lished this 1st day of February, A.D. , 1983, and to be presented for final passage on the 15th day of February, A.D. 1983. ATTEST: Mayor City Clerk 1983.Passed and adopted on final reading this 15th day of February, A.D. Assistant May r ATTEST: City C er