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HomeMy WebLinkAbout103 - 08/16/1983 - APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND FOR PARKS OPERATION AND MAINTENANCE ORDINANCE NO. 103 1983 OF THE COUNCIL OF THE CITY OF FORT COLLINS BEING AN ORDINANCE APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND WHEREAS, Article V, Section 8 of the Charter of the City of Fort Collins permits the Council to appropriate prior year reserves at any time such reserves are available; and WHEREAS, on January 4, 1982, the Council of the City of Fort Collins adopted Resolution 83-14, freezing appropriations totalling $3,753,191 pending the results of the March 8, 1983 election; and WHEREAS, $186 ,134 of the total frozen appropriations was to be used for parks operation and maintenance for new community parks and park improvements funded by the 1981 Bond Issue; and WHEREAS, the actual amount required for these parks operation and maintenance costs is $195,331; and WHEREAS, these community park improvements are substantially complete and require immediate funding for operation and maintenance costs; and WHEREAS, General Fund prior year reserves are available to cover these expenses. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated from prior year reserves in the General Fund the total sum of ONE HUNDRED NINETY-FIVE THOUSAND THREE HUNDRED THIRTY-ONE DOLLARS ($195,331) for parks operation and maintenance costs for new community parks and park improvements funded by the 1981 Bond Issue. Introduced, considered favorably on first reading, and ordered pub- lished this 2nd day of Au usust , A.D. , 1983, and to be presented for final passage on thel6tn ayd oft Au us A.D. 1983. Mayo ATTEST: 2zz0` A:�a� 4"+f City C I e r Passed and adopted on final reading this 16th day of August , A.D. 1983. .e5�7 r ATTEST: Ma 4r v City Cle