HomeMy WebLinkAbout105 - 09/04/2018 - APPROPRIATING PRIOR YEAR RESERVES IN THE CULTURAL SERVICES AND FACILITIES FUND FOR LINCOLN CENTER IM ORDINANCE NO. 105, 2018
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE CULTURAL SERVICES
AND FACILITIES FUND FOR LINCOLN CENTER IMPROVEMENTS
WHEREAS, the Lincoln Center has been at the center the City's cultural life since its
opening in 1978; and
WHEREAS,the current 1,180 seats at the Lincoln Center,the original seats that have been
used since its opening, are well-used and worn; and
WHEREAS, the 2018 Budget included one-time Cultural Services reserves funding of
$375,OOO.to replace the seats in the Lincoln Center(the "Project"); and
WHEREAS, Cultural_Services has $70,799 set aside - but not yet appropriated - to also
replace aisle lighting and egress systems as part of the Project; and
WHEREAS, if the funds for aisle lighting and egress;systems are appropriated,the Project
will be complete for the Lincoln Center's 40' Annivergary Season;and
WHEREAS,this appropriation benefits public health, safety, and welfare of the citizens of
Fort Collins and serves the public purpose of creating opportunities for cultural appreciation and
community building available to all citizens of Fort Collins; and
WHEREAS, Article V, Section 9 of the City Charter permits. the City Council to
appropriate by ordinance at any time during the fiscal year such funds for expenditure as may be
available from reserves accumulated in prior years, notwithstanding that such reserves were not
previously appropriated; and
WHEREAS, the City Manager has recommended the appropriation described herein and
determined that this appropriation is available and previously unappropriated from the Cultural
Services Fund and will not cause the total amount appropriated in the Cultural Services and
Facilities Fund to exceed the current estimate of actual and anticipated revenues to be received in
that fund during any fiscal year.
NOW, THEREFORE,BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the City Council hereby makes and adopts the determinations and
findings contained in the recitals set forth above.
Section 2. That there is hereby appropriated for expenditure from reserves in the
Cultural Services and Facilities Fund the sum of SEVENTY THOUSAND SEVEN HUNDRED
SEVENTY-NINE DOLLARS ($70,779) for Lincoln Center improvements and appropriated
therein.
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Introduced, considered favorably on first reading, and ordered published this.21st day of
August, A.D. 2018, and to be presented for final passage on the.4th day of September, A.D. 2018.
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Passed and adopted on-final reading on the 4th day of September, A.D. 2018.
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