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HomeMy WebLinkAbout048 - 04/29/1980 - APPROPRIATING PRIOR YEAR RESERVES IN THE SEVEN YEAR CAPITAL FUND ORDINANCE NO 48 , 1980 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 from prior years, and WHEREAS, the Seven Year Capital Fund has accumulated prior year reserves in the amount of TWENTY SEVEN THOUSAND NINE HUNDRED DOLLARS ($27,900) , and WHEREAS, the Council of the City of Fort Collins has favorably reviewed the planned expenditures of the Seven Year Capital Fund as follows Olive and Mathews Parking Lot $22,500 Transfort 5,400 TOTAL $27,900 NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure in 1980 from reserves accumulated in prior years in the Seven Year Capital Fund the total sum of TWENTY SEVEN THOUSAND NINE HUNDRED DOLLARS ($27,900) for the projects and programs and in the amounts designated above Introduced, considered favorably on first reading, and ordered published this 15th day of April , 1980, and to be presented for final passage on the 29th day of April 1980 M o T Clerk Passed and adopted on final reading th s 29th day of A ril , A D 1980 Cp Ma ATTEST City Clerk