HomeMy WebLinkAbout081 - 07/17/1984 - APPROPRIATING PRIOR YEAR RESERVES AND UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND AND AUTHORI ORDINANCE N0. 81 1984
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES AND
UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS
FUND AND AUTHORIZING THE TRANSFER OF APPROPRIATED
AMOUNTS FROM THE STREET OVERSIZING FUND AND
GENERAL FUND TO THE CAPITAL PROJECTS FUND
WHEREAS, Article V, Sections 8 and 15, of the C arter of the City of
Fort Collins authorize City Council to appropriate rior year reserves at
any time such reserves are available, to appropri to revenue at any time
during the year in which such revenue is receiv and to transfer unex-
pended, appropriated amounts from one fund to an her; and
WHEREAS, the City wishes to combine the D ntown Development Authority
Walnut Street Intersections Project and the City' s East Mountain Avenue
Medians Project into a single project to a called the Mountain Avenue/
Walnut Street Improvements Project; and
WHEREAS, the Capital Projects F d will be receiving $75 ,344 in
unanticipated revenue from the Downtown evelopment Authority; and
WHEREAS, funds are also availabl from the Street Oversizing Fund, the
General Fund, and from Capital Pro' cts prior year reserves for the Moun-
tain Avenue/Walnut Street Improvem nts Project.
NOW, THEREFORE, BE IT ORD NED BY THE COUNCIL OF THE CITY OF FORT
COLLINS:
Section 1 . That ther is hereby appropriated from unanticipated
revenue from the Downtown ,, evelopment Authority for expenditure in the
Capital Projects Fund, the otal sum of SEVENTY-FIVE THOUSAND THREE HUNDRED
FORTY-FOUR DOLLARS ($75,3 ) for the Mountain Avenue/Walnut Street Improve-
ments Project.
Section 2. That /he sum of SIXTY THOUSAND DOLLARS ($60,000) is hereby
appropriated for tra;sfer from existing appropriations in the Street Over-
sizing Fund to the Capital Projects Fund and appropriated for expenditure
in the Capital Pr ects Fund for the Mountain Avenue/Walnut Street Improve-
ments Project.
/DLARS
That there is hereby appropriated for expenditure from
priorves in the Capital Projects Fund the total sum of SIXTY
THOU ($60,000) for the Mountain Avenue/Walnut Street Improve-
mentThat the sum of NINE THOUSAND DOLLARS ($9,000) is hereby
appr transfer from existing appropriations in the General Fund
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