Loading...
HomeMy WebLinkAbout141 - 11/01/1983 - APPROPRIATING $12,000 TO THE AIRPORT AUTHORITY TO COVER START-UP EXPENSES IN 1983 ORDINANCE NO. 141 , 1983 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING $12,000 TO THE AIRPORT AUTHORITY TO COVER START-UP EXPENSES IN 1983 WHEREAS, Ordinance No. 74, 1983, of the Council of the City of Fort Collins created the Fort Collins-Loveland Airport Authority; and WHEREAS, the Fort Collins-Loveland Airport Authority will assume responsibility for the maintenance and operation of the Fort Collins- Loveland Municipal Airport on January 1, 1984; and WHEREAS, the Authority will incur various startup costs when assuming responsibility for the Airport that should be paid for prior to January 1, 1984; and WHEREAS, the Airport fund contains sufficient funds to pay for the Authority' s startup costs in 1983; and WHEREAS, the City wishes to provide the Authority with the necessary funds. NOW THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated the sum of Twelve Thousand Dollars ($12,000) to be spent by the Fort Collins-Loveland Airport Au- thority from the Airport fund as follows: From Sale of Refueler $ 8,050 From Excess Interest Revenue 3,950 TOTAL $12,000 Introduced, considered favorably on first reading, and ordered pub- lished this 18th day of October, A.D. 1983, and to be presented for final passage on the 1st day of November, .D. 1983. ATTEST: May City Clerk QS 1983.Passed and adopted on final reading this 1st day of November, A.D. ATTEST: M yo "V� City Clerk