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HomeMy WebLinkAboutordinance.council.037-92 ORDINANCE NO. (Series of 1992) AN ORDINANCE RECOGNIZING GENERAL FUND REVENUES OF $5,000; APPROPRIATING GENERAL FUND EXPENDITURES OF $133,900; RECLASSIFYING PREVIOUSLY APPROVED EXPENDITURES WITHIN THE GENERAL FUND OF $500; TRANSFERRING PREVIOUSLY APPROVED EXPENDITURES OF $227,834 FROM THE GENERAL FUND TO THE CITY HALL CAPITAL IMPROVEMENT FUND; TRANSFERRING $102,000 FROM THE GENERAL FUND TO THE CITY HALL CAPITAL IMPROVEMENT FUND; APPROPRIATING HOUSING / DAYCARE FUND EXPENDITURES OF $ ~,~ ; APPROPRIATING CITY HALL CAPITAL IMPROVEMENT FUND EXPENDITURES OF $869,834; 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 available for appropriation in the General Fund and the Housing / Daycare Fund; and unappropriated prior year fund balance available in the General Fund and the City Hall Capital Improvement Fund; and WHEREAS, the City Council is advised that certain expenditures, revenues 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 available for appropriation in the General Fund and the Housing / Daycare Fund, and unappropriated prior year fund balance available in the General Fund and the City Hall Capital Improvement Fund, the City Council hereby makes supplemental appropriations as itemized in Exhibit "A" attached. 2 Section 2 If any section, subsection, sentence, clause, phrase ior portion of this ordinance is for any reason held invalid or unconstitutional by any court of 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. Section 3 A public hearing on the ordinance shall be held on the day of ~ , 1992, at 5:00 p.mo in the City Council Chamber, Aspen City Hall, Aspen, Colorado. INTRODUCED, READ AND ORDERED published as provided by law by the city Council of the City of Aspen, Colorado, at its regular meeting held at the City of Aspen, ~ // , 1992. John Bennett, Mayor Kathryn~Koch, City Clerk FINALLY adopted, passed and approved on the ~ day of  , 1992. John Bennett, Mayor ~ATTEsT:.~~ ~h,i~Clty Clerk 3 EXHIBIT "A" GENERAL FUND Revenues Recreation Special Events (5,000) Total Revenues (5,000) Expenditures City Council Reclassify 1992 Contingency Funds (500) Cory Dunne 500 (attend Earth Summit) Galena St. ShUttle 15,000 (from Cash Balance) Billings Property Utilities 20,900 (Construction f/Cash Balance) city Manager Training 10,000 (from Cash Balance) Streets Streets Pavement Program 83,000 (Operations Maintenance) Recreation Special Events 5,000 (Purchased Services) Total Expenditures 133,900 4 Exhibit "A" cont. GENERAL FUND cont. Transfers To City Hall Improvement Fund 100,000 (Operating Maintenance) To City Hall Improvement Fund 127,834 (Property Management reserve) To city Hall Improvement Fund 102,000 (From Cash Balance) Total Transfers 329,834 HOUSING / DAYCARE FUND Expenditures West Hopkins (construction subsidy) Sister Cities 5,000 (purchased services) Total Expenditures CITY HALL CAPITAL IMPROVEMENT FUND Expenditures Construction 540,000 (prior year Capital funds) Operating Maintenance 100,000 (Property Tax funds) Property Management Reserve 127,834 (prior year funds) City Hall Contingency 50,000 (from Cash Balance) city Hall Council Chambers 25,000 (from Cash Balance) Exhibit "A" cont. CITY HALL CAPITAL IMPROVEMENT FUND cont. City Hall Energy Improvements 27,000 (from Cash Balance) Total Expenditures 869,834 Transfers From General Fund (100,000) (Operating Maintenance) From General Fund (127,834) (Property Management Reserve) From General Fund (102,000) (from Cash Balance) Total Transfers (329,834)