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HomeMy WebLinkAboutordinance.council.007-2020 ORDINANCE No. 7 (Series of 2020) AN ORDINANCE APPROPRIATING AN INCREASE IN THE • ASSET MANAGEMENT PLAN FUND EXPENDITURES OF$28,615,536; • WHEELER OPERA HOUSE FUND OF$1,084,691; • HOUSING DEVELOPMENT FUND OF$13,695,697; • STORMWATER FUND OF$75,507; • WATER UTILITY FUND OF $1,266,455; • ELECTRIC UTILITY FUND OF$1,746,775; • TRUSCOTT I HOUSING FUND OF$323,467; • MAROLT HOUSING FUND OF$266,680; • EMPLOYEE HOUSING FUND $666,775; • INFORMATION TECHNOLOGY FUND OF $174,990. AN ORDINANCE DECREASING AN APPROPRIATION IN THE • GENERAL FUND OF $493,000; • PARKS AND OPEN SPACE FUND OF$1,202,628; • TOURISM PROMOTION FUND OF$940,900; • PUBLIC EDUCATION FUND OF $823,000 • KIDS FIRST FUND OF $432,440; • TRANSPORTATION FUND OF$1,157,860; • PARKING FUND OF$145,137; • GOLF COURSE FUND OF$312,535. WHEREAS, by virtue of Section 9.12 of the Home Rule Charter, the City Council may make supplemental appropriations; and WHEREAS,the City Manager has certified that the City has unappropriated current year revenues and/or unappropriated prior year fund balance available for appropriations in the following funds: Asset Management Plan Fund,General Fund, Parks And Open Space Fund,Wheeler Opera House Fund, Tourism Promotion Fund, Public Education Fund, Transportation Fund, Housing Development Fund, Kids First Fund, Stormwater Fund, Water Utility Fund, Electric Utility Fund, Parking Fund,Golf Course Fund,Truscott Housing Fund, Marolt Housing Fund, Employee Housing Fund, Information Technology Fund. WHEREAS, the City Council is advised that certain expenditures, revenue and transfers must be approved. NOW,THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1 Upon the City Manager's certification that there are current year revenues and/or prior year fund balances available for appropriation in the above-mentioned funds, the City Council hereby makes supplemental appropriations as itemized in the Exhibit A. Section 2 If any section, subdivision, sentence,clause, phrase,or portion of this ordinance is for any reason invalid or unconstitutional by any court or competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion thereof. INTRODUCED, READ, APPROVED AND ORDERED PUBLISHED AND/OR POSTED ON FIRST READING on the 12th day of May 2020. A public hearing on the ordinance shall be held on the 26th day of May 2020, in the City Council Chambers, City Hall,Aspen, Colorado. ATTEST: /)u.wa . W�� - - Nicole Henning, CityrCldrk Torre, Mayor FINALLY ADOPTED AFTER PUBLIC HEARING on the 26th day of May 2020. ATTEST: Nicole Henning,City erk Torre, Mayor Approved as to Form: m True,City Attorney i