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HomeMy WebLinkAbout096 - 08/05/1980 - APPROPRIATING PRIOR YEAR RESERVES IN THE SEVEN YEAR CAPITAL FUND FOR THE DOWNTWON EMPLOYEES PARKING i I - 1 ORDINANCE NO 96 1980 j OF THE COUNCIL OF THE CITY-OF FORT COLLINS BEING AN ORDINANCE 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 in prior years at any time during the year, and WHEREAS, the City wishes to complete the construction of the Downtown Employees Parking Lot and the Street Rehabilitation Program, and WHEREAS, there are prior year reserves available in the Seven Year Capital Program for these capital projects NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure in 1980 from prior year reserves in the Seven Year Capital Fund, the total sum of TWO HUNDRED THIRTY-TWO THOUSAND DOLLARS ($232,000) for the purpose of trans- ferring funds to the Capital Projects Fund for the following projects Downtown Employees Parking Lot $ 9,600 Street Rehabilitation Program 222,400 TOTAL $232,000 Introduced, considered favorably on first reading and ordered pub- lished this 15th day of July 19 , and to be pre ed for final passage on the 5t day of August M AT ST City Clerk- Passed and adopted on final readin hts t day of August A D 1980 a hayor ATTEST City Clerk