HomeMy WebLinkAbout1977-067-11/01/1977-DIRECTING THE DIRECTOR OF FINANCE TO ESTABLISH AN ACCOUNT WITHIN THE ENTERPRISE FUND FOR THE CITY TR RESOLUTION 77-67
OF THE COUNCIL OF THE CITY OF FORT COLLINS
DIRECTING THE DIRECTOR OF FINANCE TO
ESTABLISH AN ACCOUNT WITHIN THE ENTERPRISE
FUND FOR THE CITY TRANSFORT SYSTEM
WHEREAS, Section 30-2H of the Code of the City of Fort
Collins established a special fund known as the Enterprise
Fund, which fund consists of accounts representing revenue
producing enterprises of the City which the City Council
directs be maintained as separate accounts, and
WHEREAS, the City of Fort Collins operates a municipal
transportation system known as Transfort and
WHEREAS, the City Administration has recommended that a
separate account be established within the Enterprise Fund
for Transfort and
WHEREAS, the City Council desires to accept and implement
the recommendation of the City Administration
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE
CITY OF FORT COLLINS that pursuant to Section 30-2H of the
Code of the City of Fort Collins, a separate account for
Transfort shall be established within the Enterprise Fund
and
BE IT FURTHER RESOLVED that all assets relating to
Transfort, including any amount appropriated into the General
Fund for the year 1978 for the operation of Transfort and
any revenues of Transfort after January 1, 1978, shall be
included within such special account
Passed and adopted at a regular meeting of the City
Council held this 1st day of November, A 1977
ATTEST Mayor
City Clerk