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HomeMy WebLinkAbout019 - 06/11/1959 - AMENDING ORDINANCE NO. 011, 1956 CREATING A FUND FOR THE PAYMENT OF BONDS ISSUED BY THE CITY FOR THE e ORDINANCE NO �9 1959 AMENDING ORDINANCE NO 11 1956 CREATING A FUND FOR THE PAYMENT OF BONDS ISSUED BY THE CITY FOR THE UTILITIES IN THE DIVISION OF WATER OF THE DEPARTMENT OF MUNICIPAL PUBLIC UTILITIES AND AUTHORIZING DISTRIBUTION OF EXCESS MONIES IN SAID FUND BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS Section 1 That Section 2 of Ordinance 11 1956 be amended by deleting the words until further ordered by Council and adding thereto the following words and figures to-wit The Director of Finance shall transfer after the close of the fiscal year to the fund for making extensions improvements enlargements and betterments of the utilities Public in the Division of Slater of the Department of Municipal/Utilities created by Ordinance No 10 1956 any excess of monies in the fund created by Section 1 hereof over and above the requirements as contained in Section 6-c of Ordinance No 5 1948 and Section 11-f of Ordinance No 36 1958 Introduced considered favorably on first reading and ordered published this 14th day of May A D 1959 and to be presented for final passage on June 11 1959 May ATTEST City Cler Passed and adopted on final reading this llth day of June A D 1959 May ATTEST City Clierk