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HomeMy WebLinkAbout062 - 06/05/1984 - APPROPRIATING PRIOR YEAR RESERVES IN THE CAPITAL PROJECTS FUND ORDINANCE NO. 62 , 1984 OF THE COUNCIL OF THE CITY-OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE CAPITAL PROJECTS FUND WHEREAS, Article V, Section 8, of the Charter of the City of Fort Collins permits the Council to appropriate reserves accumulated in prior years at any time during the year; and WHEREAS, the City wishes to begin the Mulberry/Shields Intersection project ahead of schedule; and and WHEREAS, by doing so, the City will save approximately $50, 000; WHEREAS, funds are available in Capital Projects reserves generated from savings on Streets projects completed in 1983. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS th at at there is hereby appropriated for expenditure from prior year reserves in the Capital Projects Fund the sum of EIGHTEEN THOUSAND FIVE HUNDRED DOLLARS ($18,500) for the Mulberry/Shields Intersection. Introduced, considered favorably on first reading, and ordered pub- lished this 15th day of May, A.D. 1984. and to be presented for final passage on the 5th day of June, A.D. 1984. 410, Mayor ATTEST: �p a►.v,�Li� 1 eau City Clerk Passed and adopted on final reading this 5th day of June , A.D. 1984. ¢� A Mayor ATTEST: City Clerk