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HomeMy WebLinkAbout107 - 09/06/1983 - AMENDING CHAPTER 82, ARTICLE 2 OF THE CITY CODE RELATING TO EXPENDITURES MADE FROM THE PARK ACQUISIT ORDINANCE NO. 107 , 1983 OF THE COUNCIL OF THE CITY OF FORT COLLINS AMENDING CHAPTER 82, ARTICLE. 2 OF THE CODE OF THE CITY OF FORT COLLINS RELATING TO EXPENDITURES MADE FROM THE PARK ACQUISITION FUND . WHEREAS, the City of Fort Collins Park Acquisition Fund was created by Ordinance No. 38, 1968 of the Council on September 26, 1968, in Section 82-2 of the Code of the City of Fort Collins; and WHEREAS, Section 82-2 of the Code was amended on September 7 , 1972, by Ordinance No. 55, 1972, to allow the moneys in such Fund to be spent on the development of park lands as well as the acquisition of park lands; and WHEREAS , on April 15 , 1980 , the Council passed Resolution 80-49 adopting policies relating to the Fund, the implementation of which neces- sarily causes certain administrative costs to arise which costs are not specifically listed as authorized expenditures from the Fund in Section 82-2; and WHEREAS, on May 17, 1983, by Ordinance No. 56, 1983, the Council appropriated moneys from the Fund to a new Park Equipment Replacement account, which account is not specifically listed as an authorized expendi- ture from the Fund in Section 82-2; and WHEREAS, it is in the best interest of the citizens of the City of Fort Collins that expenditures for administrative costs related to park lands, park site equipment, both new and replacement, and plantings be specifically included as authorized expenditures from the Fund. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that Section 82-2 (Park Acquisition Fund) 'of the Code of the City of Fort Collins be, and the same hereby is, repealed and readopted as follows: §82-2 Parkland Fund. There is hereby created a fund for the acquisition, development and administration of park lands pursuant to the authority contained in Article V, Section 27 of the Charter of the City of Fort Collins. Into such fund shall be deposited all moneys collected pursuant to the provisions of this chapter and the moneys in such fund shall be expended solely for the purposes of acquiring, developing and administering park lands in such manner as shall be directed by the City Council of the City of Fort Collins. Expenditures for the devel- opment of park lands may include purchases of new or replacement park site equipment and plantings. Introduced, considered favorably on first reading, and ordered pub- lished this 16th day of August, A.D. 1983, and to be presented for final passage on the 6th day of September, A.D. 1983. May r ATTEST: bb - /C1ty CLQ _ 1983.Passed and adopted on final reading this 6th day of September, A.D. Ma o ATTEST: City Clerk -2-