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HomeMy WebLinkAbout1991-157-11/19/1991-1992 BUDGET APPROPRIATIONS POUDRE FIRE AUTHORITY RESOLUTION 91-157 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING APPROPRIATIONS FOR THE POUDRE FIRE AUTHORITY FOR THE YEAR 1992 WHEREAS, the City is a party to an Intergovernmental Agreement with the Poudre Valley Fire Protection District dated December 22, 1981 and amended November 3, 1987; and WHEREAS, the Intergovernmental Agreement provides that the City shall contribute funding for maintenance and operation costs to the Authority based on a "Revenue Allocation Formula" ; and WHEREAS, the 1992 Revenue Allocation Formula is .303 of one cent of the City' s sales and use tax and 5.177 mills of the operating mill levy of the City's property taxes; and WHEREAS, the Intergovernmental Agreement also provides that the Authority may request funds from the City for capital costs; and WHEREAS, for 1992, the Council has identified an additional one mill of City property tax as an appropriate source for funding the Poudre Fire Authority's 1992 budget expenditures for capital costs. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1 . That there is hereby appropriated from the General Fund the amount of Six Million One Hundred Eighty-five Thousand Seven Hundred Fourteen Dollars ($6, 185,714) for the maintenance and operation costs of the Poudre Fire Authority for the fiscal year ending December 31 , 1992. Section 2. That there is hereby appropriated from the General Fund the amount of Six Hundred Twenty Thousand Dollars ($620,000) for the capital costs of the Poudre Fire Authority for the fiscal year ending December 31 , 1992 . Passed and adopted at a regular meeting of the City Council held this 19th day of November, A.D. 1991. ,Mayor ATTTE,STn: R,pal City/ '�