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HomeMy WebLinkAbout004 - 01/20/1981 - APPROPRIATING PRIOR YEAR RESERVES IN THE REVENUE SHARING FUND FOR TRANSFER TO THE TELEPHONE FUND FOR ORDINANCE NO 4 , 1981 OF THE COUNCIL OF THE CTT7 OF FORT COLLINS BEING AN ORDINANCE APPROPRIATING PRIOR YEAR RESERVES IN THE REVENUE SHARING FUND FOR TRANSFER TO THE TELEPHONE FUND FOR 1980 WHEREAS, Article V, Section 8, of the Charter of the City of Fort Collins permits the Council to appropriate prior year reserves at any time such reserves are available, and WHEREAS, the Revenue Sharing Fund was established for the collection of revenue sharing monies and the disbursement of such monies as approved by Council, and WHEREAS, the City provided improvements to the existing telephone system NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure from prior year reserves in the Revenue Sharing Fund for transfer to the Telephone Fund, the total sum of EIGHT THOUSAND TWO HUNDRED NINETY-EIGHT DOLLARS ($8,298) for the purpose of payment of costs associated with telephone improvements Introduced and considered favorably on first reading this 6th day of January A D 1981 and to be presented for final passage on the 20th allay of January A D 1981 ATTEST City Lierk Passed and adopted on final reading this 20th day of January , A D 1981 M ay! / ATTEST ltila.en P. City Clerk