Loading...
HomeMy WebLinkAbout105 - 09/01/2020 - APPROPRIATING UNANTICIPATED PHILANTHROPIC REVENUE RECEIVED BY CITY GIVE FOR TRANSFER TO THE RECREATI ORDINANCE NO. 105, 2020 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED PHILANTHROPIC REVENUE RECEIVED BY CITY GIVE FOR TRANSFER TO THE RECREATION FUND FOR THE FORT COLLINS SENIOR CENTER WHEREAS, the Fort Collins Senior Center provides adults, especially those over 50, an opportunity to access and engage in recreational opportunities, stay active and socialize, serving over 300,000 visitors in 2019; and WHEREAS, in 1989 a Designated Endowed Fund was established at the Community Foundation of Northern Colorado (the "Endowed Fund") to provide funds for the benefit of the Senior Center; and WHEREAS, City Give has received a disbursement of $66,652 in revenue from the Endowed Fund, and City staff is asking the City Council to appropriate such revenue to be spent on general operating support for the Senior Center; and WHEREAS, this appropriation benefits public health, safety and welfare of the citizens of Fort Collins and serves the public purpose of providing for the ongoing operation of a public recreation facility; and WHEREAS, Article V, Section 9, of the City Charter permits the City Council to make supplemental appropriations by ordinance at any time during the fiscal year, provided that the total amount of such supplemental appropriations, in combination with all previous appropriations for that fiscal year, does not exceed the current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS, the City Manager has recommended the appropriation described herein and determined that these appropriations are available and previously unappropriated from the General Fund and will not cause the total amount appropriated in the General Fund to exceed the current estimate of actual and anticipated revenues to be received in these funds during the fiscal year; and WHEREAS, Article V, Section 10, of the City Charter authorizes the City Council to transfer by ordinance any unexpended and unencumbered appropriated amount or portion thereof from one fund or capital project account to another fund or capital project account, provided that the purpose for which the transferred funds are to be expended remains unchanged; and WHEREAS, the City Manager has recommended the transfer described herein and determined that the purpose for which the transferred funds are to be expended remains unchanged. 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 from unanticipated philanthropic revenue in the General Fund the sum of SIXTY-SIX THOUSAND SIX HUNDRED FIFTY- TWO DOLLARS ($66,652) for transfer to the Recreation Fund and appropriated therein for the Fort Collins Senior Center. Introduced, considered favorably on first reading, and ordered published this 18th day of August, A.D. 2020, and to be presented for final passage on the I st day of September, A.D. 2020. C:: Mayor ATTEST: o�poRrA. ~off a • SEAL C ty Cler �.,,,,,..••o OLORAO Passed and adopted on final reading on the 1 st day of September, A.D. 2020. yor ATTEST: ! � ,............. � ;G • .z ity C k : SEAL cO�ORA00