HomeMy WebLinkAbout083 - 10/19/1976 - TRANSFERING SURPLUS FUNDS IN THE LANDMARK PRESERVATION ACCOUNT AND THE YOUTH CENTER CONSTRUCTION ACC ORDINANCE NO 83, 1976
BEING AN ORDINANCE TRANSFERING SURPLUS FUNDS IN THE
LANDMARK PRESERVATION ACCOUNT AND THE YOUTH CENTER
CONSTRUCTION ACCOUNT OF THE CAPITAL IMPROVEMENTS FUND
TO THE SEVEN YEAR CAPITAL IMPROVEMENTS PROGRAM ACCOUNT
OF THE CAPITAL IMPROVEMENTS FUND
WHEREAS, there has been created within the Capital Improvements Fund
an account known as the Landmark Preservation Account and an account known
as the Youth Center Construction Account, and
WHEREAS, these accounts were established in connection with proposed
projects and the projects proposed have been acquired but were acquired from
funds in the Seven Year Capital Improvements Account of the Capital Improve-
ments Fund and
WHEREAS, the acquisition of such projects from other sources render
surplus the amounts on hand in the Landmark Preservation Account and the
Youth Center Construction Account, and
WHEREAS, the Council desires to transfer such surplus funds to the
Capital Improvements Account which funded the projects for which the other
accounts were created
NOW, THEREFORE BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that thebalances on hand (with all interest accrued thereon) in the
Landmark Preservation Account and the Youth Center Construction Account of
the Capital Improvements Fund be and the same hereby are transfered to the
Seven Year Capital Improvements Account of the Capital Improvements Fund
Introduced, considered favorably on first reading, and ordered published
this 5t} day of October A D 1976, and to be presented for final passage on the
zLL��,, day of A D 1976
ATTEST _
City Clerk Mayor
Passed and adopted on final reading this 19th day of October
A D 1976
ATTEST
City Clerk Mayor