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HomeMy WebLinkAbout016 - 03/02/1976 - APPROPRIATING THE SUM OF $1,114.71 FROM THE SURPLUS AND DEFICIENCY ACCOUNT OF THE SPECIAL ASSESSMENT � Y i ORDINANCE NO 16 1976 BEING AN ORDINANCE APPROPRIATING THE SUM OF $1 , 114 71 FROM THE SURPLUS AND DEFICIENCY ACCOUNT OF THE SPECIAL ASSESSMENT FUND WHEREAS the City Administration has reported to the City Council that excess assessments were made against some properties in the ordinance assessing costs for Street Lighting Improve- ment District No 4, which excess assessments were caused by failure to take into account previous lighting improvements { paid for by the property owner which should have been credited against the assessment and WHEREAS the total amount of such excess assessments is $131 70 and WHEREAS the City Administration has further recommended to the City Council that the assessments made in Sanitary Sewer Improvement District No 57 be reduced because of additional property which was connected to the sanitary sewer line installed in such district but not assessed but should have been assessed, and WHEREAS, the total amount of the recommended reduction in Sanitary Sewer Improvement District No 57 is $983 01 and F WHEREAS the reduction of the assessments in these two districts will create a deficiency in the revenues of the two districts and WHEREAS there are funds in the Surplus and Deficiency Account of the Special Assessment Fund which can be used to make up the deficiency so created NOW THEREFORE BE IT ORDAINED BY THE COUNCIL OF THE CITY 4k OF FORT COLLINS f Section 1 That there is hereby appropriated from the Surplus and Deficiency Account for the Special Assessment Fund the sum of $1 114 71 for payment as hereafter described E Section 2 From the funds so appropriated, the amount of $131 70 shall be paid out to reduce excess assessments in Street Lighting Improvement District No 4 and the sum of $983 01 shall be paid out to reduce excess assessments in Sanitary Sewer Improvement District No 57 A description of the excess assessments in such districts is attached to this ordinance as Exhibit A and made a part hereof f r Introduced, considered favorably on first reading, and ordered published this end day of March A D 1976 and to beipresented for anal passage on the 17th day of March A D 1976 ATTEST mayor LA -A 424.4-� iyCer 4+ Passed and adopted on final reading this 17th day of March A D 1976 t r ATTEST Flay S sty Clerk r { I i r I F -2-