HomeMy WebLinkAbout141 - 11/18/1980 - APPROPRIATING PRIOR YEAR RESERVES IN THE SEVEN YEAR CAPITAL FUND (DENIED ON SECOND READING 11/18/198 ORDINANCE NO 141 , 1980
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE
SEVEN YEAR CAPITAL FUND
WHEREAS, Article V, Section 8, of the Charter of the City of Fort
Collins permits the Council to appropriate reserves accumulated from prior
years, and
WHEREAS, the Seven Year Capital Fund has accumulated prior year
reserves in the amount of THIRTY THOUSAND DOLLARS ($30,000 00), and
WHEREAS, the City would like to purchase property for the Downtown
area which is consistent with the original Downtown Redevelopment Program
NOW, THEREFORE, BE ITS ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the total sum of THIRTY THOUSAND DOLLARS ($30,000 00) be, and
the same hereby is, appropriated from the Seven Year Capital Fund for the
purchase of the Portner property
Introduced, considered favorably on first reading and ordered pub-
lished this 21st day of October \, A D 1980, and to be presented for
final passage on the g h day of November , A D 1980
ayor
ATTEST
-City C er
Passed and adopted on final reading this 18th day of November
1980
Mayor
ATTEST
City Clerk
Secor�cl F?ea irg