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HomeMy WebLinkAbout002 - 01/19/1982 - AUTHORIZING THE TRANSFER OF APPROPRIATED AMOUNTS FROM THE STREET OVERSIZING FUND TO THE CAPITAL PROJ ORDINANCE NO 2 198? OF THE COUNCIL OF THE CTTY OF FORT COLLINS AUTHORIZING THE TRANSFER OF APPROPRIATED AMOUNTS FROM THE STREET OVERSIZING FUND TO THE CAPITAL PROJECTS FUND WHEREAS, Article V, Section 15, of the Charter of the City of Fort Collins as amended, provides that Council may authorize the transfer of any unexpended, appropriated amounts from one fund to another, and WHEREAS, the Council has appropriated amounts in the Street Oversizing Fund to be transferred to the Capital Projects Fund for traffic signal installation projects, and WHEREAS, the City desires to consolidate the total traffic signal installation project budgets in the Capital Projects Fund NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the sum of EIGHTY-FOUR THOUSAND FIVE HUNDRED DOLLARS ($84,500) be, and hereby is, transferred from the Street Oversizing Fund to the Capital Projects Fund for expenditure on the traffic signal installation projects and will be spent as follows PROJECT AMOUNT Drake Road/Taft Hill Road $21,500 00 Horsetooth/J F K Parkway $31,500 00 Horsetooth/Mason Street $31,500 00 TOTAL $84 500 00 Introduced, considered favorably on first reading, and ordered pub- lished this 5th day of January, 1982 , and to be presented for final passage on the 19th day of January, 1982 May r ATTEST Passed and adopted on final reading this 19th day of January, 1982 ATTEST City Clerk