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HomeMy WebLinkAbout1981-136-10/06/1981-APPROVING THE BUDGET OF THE ESTIMATED AMOUNTS REQUIRED TO PAY THE EXPENSES OF CONDUCTING THE BUSINES RESOLUTION 81-136 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROVING THE BUDGET OF THE ESTIMATED AMOUNTS REQUIRED TO PAY THE EXPENSES OF CONDUCTING THE BUSINESS OF THE DOWNTOWN DEVELOPMENT AUTHORITY FOR THE FISCAL YEAR ENDING DECEMBER 31, 1982, WHEREAS, on the 21st of September, 1981, the Board of the Downtown Development Authority in accordance with Colorado Revised Statutes, §31- 25-816, 1973, adopted a budget of the estimated amounts required to pay the expenses of conducting their business for the fiscal year ending December 31, 1982, and WHEREAS, the Council of the City of Fort Collins wishes to approve the proposed 1982 budget as adopted by the Downtown Development Authority Board on September 21, 1981 NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the budget prepared and adopted for the fiscal year ending December 31, 1982 by the Board of the Downtown Development Authority, be, and the same hereby is, approved, as follows Expenditures Personal Services $ 64,794 Contractual Services 11,726 Commodities 3,400 Capital Outlay 4,000 Operating & Capital Expense $ 83,920 City Repayment $ 20,000 Total Expenditures $103,920 Passed and adopted at a regular meeting of the Council of the City of Fort Collins held this 6th day of October , 1981 i&t Mayor ATTEST City Clerk