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HomeMy WebLinkAbout041 - 07/11/1974 - CREATING A CONSERVATION TRUST FUND 1 � r , ORDINANCE NO 41, 1974 BEING AN ORDINANCE CREATING A CONSERVATION TRUST FUND WHEREAS, House Bill No 1084 enacted during the second regular session of the 49th General Assembly of the State of Colorado authorizes each municipality to create a conserva- tion trust fund for the acquisition, development and mainten- ance of new conservation sites, and WHEREAS, House Bill 1084 appropriated $725, 000 00 and addi- tional funds may be appropriated by the State in subsequent years for distribution to each county and municipality which creates a conservation trust fund and which certifies to the Department of Revenue that it has created such fund, and WHEREAS, the City Council of the City of Fort Collins desires to create a conservation trust fund and to qualify for distribution of such State appropriated monies NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS Section 1 That a conservation trust fund is hereby created pursuant to C R S 1963, §§ 138-1-98 and 139-88-20 Section 2 Any monies received from the State in 1974 and subsequent years for conservation trust funds purposes shall be deposited in said conservation trust fund and shall be expended upon direction of the City council only in accordance with the provisions of C R S 1963, §138-1-98 Section 3 That the City Manager is hereby authorized to prepare and sign on behalf of the City Council an affidavit certifying to the Department of Revenue that the City Council has established a conservation trust fund in accordance with House Bill No 1084 and that the City wishes to qualify for distribution of State monies appropriated for conservation trust fund purposes Section 4 In the opinion of the City Council an emergency exists requiring the passage of this Ordinance as an emergency measure pursuant to Section 6 of Article II of the Charter of the City of Fort Collins House Bill No 1084 did not become effective until July 1, 1974 and the City is required to create a conservation trust fund by July 15, — 1974 in order to qualify for the funds to be allocated to the City of Fort Collins, The passage of an ordinance other than an emergency within the time allowed is not possible Therefore, this Ordinance is immediately necessary on account of such emergency and immediately upon its final passage this ordinance shall take effect and shall be published within five (5) days from the date hereof as required by Section 7 of Article Ilof the Charter of the City of Fort Collins Introduced, c nsidered and finally passed by the affirm- ative vote of & members of the City Council at an ad3ourned meeting of the City Council held this llth day of July, 1974 ATTEST Assistant Mayor City Clerk '.'G�.•LL� -2-