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HomeMy WebLinkAboutordinance.council.015-17 ORDINANCE NO. 15 (Series of 2017) AN ORDINANCE APPROPRIATING AN INCREASE IN THE ASPEN COUNTRY INN AFFORDABLE ONE HOUSING FUND OF $4,250,299. 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: ASPEN COUNTRY INN AFFORDABLE ONE HOUSING 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: ASPEN COUNTRY INN AFFORDABLE ONE HOUSING FUND: 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 24th day of April, 2017. A public hearing on the ordinance shall be held on the 8th day of May, 2017, in the City Council Chambers, City Hall,Aspen, Colorado. ATTEST: i Linda Manning, City Cl rk Steven Ska on, Mayor Page 1 of 2 FINALLY ADOPTED AFTER PUBLIC HEARING on the 8th day of May, 2017. ATTEST: Linda Manning City C rk Steven Skad on, Mayor Approved as to Form: James R.True,City Attorney Page 2 of 2