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HomeMy WebLinkAbout118 - 09/20/1983 - APPROPRIATING UNANTICIPATED BOND PROCEEDS IN THE CAPITAL PROJECTS FUND t ORDINANCE NO. ��1�g$ 1983, OF THE COUNCIL OF THE CITY- F FORT COLLINS BEING AN ORDINANCE APPROPRIATING UNANTICIPATED BOND PROCEEDS IN THE CAPITAL PROJECTS FUND WHEREAS, Article V, Section 15 of the Charter of the City of Fort Collins permits the Council to appropriate unanticipated revenue at any time during the budget year; and WHEREAS', the Council has established the Lemay/Harmony Special Improvement District No. 78; and WHEREAS, the Council has approved the issuance of Phase I Special Assessment Bonds for said District in the principal amount of $1 ,885,000. NOW THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated from unanticipated bond proceeds in the Capital Project Fund the total sum of ONE MILLION SIX HUNDRED NINETY SIX THOUSAND FIVE HUNDRED DOLLARS ($1,696,500) for acquisition of autho- rized public improvements in the Lemay/Harmony Special Improvement District No. 78 (Phase I) and associated costs of issuance and administration of the District. Introduced, considered favorably on first reading, and ordered pub- lished this 6th day of September, A.D. 1983, and to be presented for final passage on the 20th day of September D. 1983. May ATTEST: C City Clerk Passed and adopted on final reading this 20th day of September, A.D. 1983. M o ATTEST: n- G����-G� 4"4(-:r city C1