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HomeMy WebLinkAbout088 - 07/16/2013 - APPROPRIATING UNANTICIPATED REVENUE IN THE GENERAL FUND TO FUND THE COSTS ASSOCIATED WITH THE MEDICA ORDINANCE NO. 088, 2013 OF THE COUNCIL OF T14E CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE GENERAL FUND TO FUND THE COSTS ASSOCIATED WITH THE MEDICAL MARIJUANA LICENSING AUTHORITY WHEREAS, on November 6, 2012, the registered electors of Fort Collins approved Initiative 301, reestablishing medical marijuana businesses in Fort Collins and creating licensing provisions for such businesses; and WHEREAS, Initiative 301 provided for a Medical Marijuana Licensing Authority (the "Authority"), to be a person appointed by the City Manager whose operations will be overseen by the City Clerk's department ; and WHEREAS, the City began accepting applications for medical marijuana business licenses and collecting application and licensing fees in January 2013; and WHEREAS, in February 2013, the City solicited proposals from individuals interested in providing the services required of the Authority; and WHEREAS, one response to the Request for Proposals was received, and upon review and consideration, the City entered into an agreement with the respondent to perform such service; and WHEREAS, funding is needed to cover the costs of the Authority's services for the remainder of 2013; 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, does not exceed the current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS, application and licensing fees in the amount of$63,000 have been collected to date, and are available to cover the costs associated with establishing and operating the Authority. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated from unanticipated revenue in the General Fund the sum of SIXTY-THREE THOUSAND DOLLARS ($63,000) to the City Clerk's Department to fund the services provided by the Medical Marijuana Licensing Authority. Introduced, considered favorably on first reading, and ordered published this 2nd day of July, A.D. 2013, and to be presented for final passage on the 16th day of July, A.D. 2013. �DA .10 MQa,/or ATTEST: City Clerk L� Passed and adopted on final reading on the 16th day of July, A.D. 2013. Mdyor ATTEST: GtiTY OFptJ nn44 City Clerk