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HomeMy WebLinkAbout039 - 08/22/1968 - APPROPRIATING THE SUM OF $400,000 FROM THE FUND FOR MAKING EXTENSIONS AND IMPROVEMENTS, ENLARGEMENTS oRDINANcv. No 39 , 1968, BEING AN ORDINANCE APPROPRIATING THE SUM OF FOUR HUNDRED THOUSAND DOLLARS FROM THE FUND FOR MAKING EXTENSIONS AND IKEMOVENELQTS 9 ENLARGEMENTS AND BETTBRHMM OF THE UTILITIES IN THE DIVISION OF WATER OF THE DEPARTMENT OF MUNICIPAL PUBLIC UTILITIES KNOWN AS THE WATER CAPITAL IMPROVEMENT FOND FOR EXPENDITURE DURING THE YEAR 1968 AND DECLARING AN EMERGENCY `HEREAS9 it is necessary that the City of Fort Collins contract during the year 19689 for the improvement of the water utility of the City of Fort Collins, and WHEREAS, sufficient monies for such improvements were not appropriated or budgeted for the year 1968, but there is on hand in the water capital improvement fund a sufficient amount to pay for such improvements, and WHEREAS, the actual necessity for such improvements was not foreseen and arose after the passage of the annual appropriation ordinance NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS: Section 1 That there is hereby appropriated from the water capital improvement fund the sum of $400,000 00 for expenditure on capital improvements to the water utility during the year 1968 Section 2 In the opinion of the City Council an emergency exists for the actual preservation of the pablic peace and health, safety and property and this ordinance shall take effect upon its passage under and by virtue of the authority contained in Sections six and seven of Article II of the Charter of the City of Fort Collins Introduced, read at length and adopted by the unanimous vote of the four members of the City Council of the City of Fort Collins present at a regular meeting held this 22nd day of August, A D , 1968 C ATTEST Mr A6LU City Cle3k