HomeMy WebLinkAbout103 - 10/05/2010 - APPROPRIATING UNANTICIPATED REVENUE IN THE GENERAL FUND FOR THE COCA-COLA/ANGELL' S DELICATESSEN SIG ORDINANCE NO. 103, 2010
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE
IN THE GENERAL FUND FOR THE COCA-COLA/ANGELL'S
DELICATESSEN SIGN RESTORATION ON THE J. L.
HOHNSTEIN BLOCK, 220 EAST MOUNTAIN AVENUE
WHEREAS,the City has been awarded a grant in the amount of$22,200 from the Colorado
Historical Society's State Historical Fund; and
WHEREAS,the grant will be used to restore the Coca-Cola and Angell's Delicatessen sign
on the J. L. Hohnstein Block, 220 East Mountain Avenue, and
WHEREAS, the Downtown Development Authority, the City, the building's owner,
Progressive Old Town Square, LLC, and the Fort Collins Historical Society will provide matching
funds in the amount of$22,494,and will be contracting for the work from sole source vendors; and
WHEREAS, the City will administer the grant and cash match funds and be responsible for
the distribution of the grant and cash match funds; and
WHEREAS, Article V, Section 9, of the City Charter permits the City Council to make
supplemental appropriations by ordinance at any time during the fiscal year, provided that the total
amount of such supplemental appropriations, in combination with all previous appropriations for
that fiscal year, do not exceed the then current estimate of actual and anticipated revenues to be
received during the fiscal year; and
WHEREAS, City staff has determined that the appropriation of the unanticipated grant
revenue from the Colorado Historical Society referenced herein will not cause total appropriations
to exceed the current estimate of actual and anticipated revenues for fiscal year 2010.
NOW THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that,upon receipt,there is hereby appropriated from unanticipated grant revenue the sum
of FORTY-FOUR THOUSAND SIX HUNDRED NINETY-FOUR DOLLARS ($44,694), for
expenditure in the General Fund for restoration of the Coca-Cola/Angell's Delicatessen Sign at 220
East Mountain Avenue.
Introduced, considered favorably on first reading, and or published this 21 st day of
September,A.D. 2010, and to be presented for final passage o he5 day of October,A.D. 010.
Mayor
ATTEST:
2
City-Clerk
Passed and adopted on final reading on the 5th day o cto er, A.D. 2010.
Mayor
ATTEST:
City Clerk I WA