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HomeMy WebLinkAbout057 - 05/01/1984 - AUTHORIZING THE TRANSFER OF APPROPRIATED AMOUNTS FROM THE CONSERVATION TRUST FUND TO THE SEVEN YEAR ORDINANCE NO. 57, 1984 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE TRANSFER OF APPROPRIATED AMOUNTS FROM THE CONSERVATION TRUST FUND TO THE SEVEN YEAR CAPITAL FUND WHEREAS, Article V, Section 15, of the Charter of the City of Fort Collins authorizes City Council to transfer any unexpended, appropriated amounts from one fund to another; and WHEREAS, the City wishes to immediately commence performing flood- control work along the Poudre River at the North Shields Street bridge and at Legacy Park; and WHEREAS, funds in excess of $70,000 are available in the Conservation Trust Fund for transfer to the Seven Year Capital Fund; and WHEREAS, the City Council will repay this transfer back to the Conser- vation Trust Fund from the General Fund at the end of 1984, or if that is not possible, to budget the funds for replacement in 1985. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS: 1. That the sum of SEVENTY THOUSAND DOLLARS ($70,000) is hereby appropriated for transfer from the Conservation Trust Fund to the Seven Year Capital Fund and appropriated for expenditure in the Seven Year Capital Fund for flood-control work along the Poudre River at the North Shields Street Bridge and at Legacy Park. 2. That the immediate adoption of this ordinance is necessary to preserve, protect and advance the general welfare of the residents of the City of Fort Collins; therefore, the Council hereby determines that an emergency exists requiring the immediate passage of this ordinance; and this ordinance is therefore, enacted pursuant to Section 6 of Article II of the Charter of the City of Fort Collins as an emergency ordinance and shall be effective upon its passage. Introduced, considered favorably by 6 members of the Council of the. City of Fort Collins and finally passed as an emergency ordinance and ordered published this 1st day of May, �Aj.�D. 1984. /6�'� " ATTEST: Mayor ityU ClerK