HomeMy WebLinkAbout1970-130-12/24/1970-TRANSFERRING FUNDS BETWEEN APPROPRIATIONS RESOLUTION 70-130
OF THE COUNCIL OF THE CITY OF FORT COLLINS TRANSFERRING
FUNDS BETWEEN APPROPRIATIONS.
WHEREAS, under Section 15, Article V of the City Charter, the Council
of the City of Fort Collins is authorized to transfer funds between appropri-
ations by resolution; and
WHEREAS, the Director of Finance has recommended that funds in the
amount of $2,300.00 be transferred from the following Water Fund appropriation
accounts:
Administration and Billing $ 2,300.00
to the following appropriation accounts :
Water Treatment $ 2,300.00
WHEREAS, the Director of Finance has recommended that funds in the
amount of $18,000.00 be transferred from the following Sewer Fund appropri-
ation accounts :
Sewer Trunk and Collection $ 18,000.00
to the following appropriation accounts:
Sewer Capital Improvement $ 18,000.00
WHEREAS,',,the Director of Finance has recommended that funds in the
amount of $488,700.00 be transferred from the following Light and Power Fund
appropriation accounts :
Production $ 78, 700.00
Distribution 110,000.00
Light and Power Capital 300,000.00
to the following appropriation account:
Light $ Power Transfers $488, 700.00
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the Director of Finance be and he hereby is authorized to transfer
funds herein above designated.
Passed and adopted at a regular meeting. of the City Council held
on the 24th day of December, A.D. 1970.
Ma or '
ATTEST:
i
City Clerk