HomeMy WebLinkAbout112 - 09/15/1981 - APPROPRIATING UNANTICIPATED REVENUE IN THE COMMUNITY DEVELOPMENT BLOCK GRANT ORDINANCE NO. 112, 1981
OF THE COUNCIL OF THE CITY OF FORT COLLINS
BEING AN ORDINANCE APPROPRIATING UNANTICIPATED
REVENUE IN THE COMMUNITY DEVELOPMENT BLOCK GRANT
WHEREAS, Article V, Section 15, of the Charter of the City of Fort
Collins permits the Council to appropriate unanticipated revenue at any
time during the year in which such revenue is received; and
WHEREAS, the Community Development Block' Grant Program provides loans_
and grants to qualified homeowners for housing rehabilitation; and
WHEREAS, the Community Development Block Grant Program has program
income from the repayment of these loans and grants; and
WHEREAS, the City has received funds ' for the 1981-82 Community De-
velopment Block Grant Program totalling $776,000.` .
NOW THEREFORE,. BE. IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated for expenditure in 1981 from
unanticipated revenues in the Community Development Block Grant .Fund, the
` sum of EIGHT HUNDRED TWENTY-FIVE THOUSAND FOUR HUNDRED NINETY-SEVEN DOLLARS
($825,497) .
Introduced, considered favorably on first reading and ordered pub-
lished this 1st day of September , A.D. 1981, and to be presented for
final passage on the 15th ayd of_SSeipteMbDer A.D. 1981.
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this .15th day of September
1981 .
Mayor
ATTEST:
City Clerk