HomeMy WebLinkAboutordinance.council.095-75RECORD OF PROCEEDINGS
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ORDINANCE NO. 9~-
(Series of 1975)
AN ORDINANCE RECOGNIZING EXCESS REVENUES IN THREE SPECIAL IMPROVE-
MENT DISTRICT FUNDS TOTALLING $190,793.00; TRANSFERRING THESE EX-
CESS FUNDS TO THE 1975 GENERAL FUND AS AN UNAPPROPRIATED SURPLUS;
AND DECLARING THAT AN EMERGENCY EXISTS REQUIRING IMMEDIATE ENACT-
MENT OF THE SAME
WHEREAS, the City Council is advised that by reason of
an accounting procedure used in establishing and funding three
special improvement districts there remain, at the end of 1975,
surpluses in each such district fund which surpluses should be
transferred back to the General Fund, and
WHEREAS, the City Council wishes to make this transfer
of funds and designate the same as unappropriated surplus, and do
so by emergency ordinance because of the end of the year time
limitations,
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF ASPEN, COLORADO:
Section 1
That surpluses from the 1975 budgets of the 1963, 1966 and
1967 Street Assessment District Funds totalling One Hundred Ninety
Thousand Seven Hundred Ninety-Three ($190,793.00) Dollars be transfer-
red from said funds to the General Fund and allocated as unappropriated
surplus as follows:
General Fund
Improvement District No. 1 (1963 Street
Assessment District) 1975 excess
Improvement District 66-1 (1966 Street
Assessment District) 1975 excess
Improvement District 67-1 (1967 Street
Assessment District) 1975 excess
Unappropriated Surplus
Appropriation
Revenue Expenditure
$71,298.00
60,514.00
58,981.00
$190,793.00
$190,793.00
$190,793.00
RECORD OF PROCEEDINGS
100 Leaves
Section 2
Because all appropriations for the 1975 budget year must
be fully adopted and approved by the end of the calendar year, it is
hereby declared that an emergency exists, and that this ordinance,
for its passage, be approved only by the unanimous vote of the council-
men present at the hearing on this matter (or five members, whichever
is less); that the ordinance be passed at two such council meetings;
that neither a public hearing nor first publication as provided in
Section 4.10 be required; but that the ordinance be published with-
in ten (~) days after final passage (or as soon thereafter as possible),
all as provided in Section 4.11 of the Aspen Home Rule Charter.
Section 3
If any provision of this ordinance or the application there-
of to any person or circumstance is held invalid, such invalidity shall
not affect other provisions or applications of the ordinance which can
be given effect without the invalid provisions or applications, and to
this end the provisions or applications of this ordinance are declared
to be severable.
INTRODUCED, READ AND APPROVED by the Aspen City Council at
its meeting held ~'~.~/~; ~ , 1975.
KATHR?~ S. ]LA_U"~ER,' CItY CLERK /
ELIZABETH M. KLYM, DEPUTY CITY CLERK
FINALLY APPROVED, ADOPTED AND ORDERED PUBLISHED on
STACY ~ANDLEY III, MAYOR//
ATTEST:
IfATHRY~ S. HAOTER; 'C-ITX' CLERK
ELIZABETH M. KLYM, DEPI3TY CITY CLERK
STATE OF COLORADO )
) ss
COUNtrY OF PITKIN )
CERTIFICATE
I, Kathryn S. Hauter, City Clerk of Aspen, Colorado,
do hereby certify that the above and foregoing ordinance was
introduced, read in frill, and passed on ~ ~ ~/
reading at a regular meeting of the City Council of the
City of Aspen on ~' ~i ~/"~l~__~-~, 197.~--, and publish-
ed in
ation,
issue
and approved at a meeting of the City Council on
the Aspen Times a weekly newspaper of general circul-
published in the City of Aspen, Colorado, in its
of ~6~_, / , 197 ~, and was finally adopted
, 197~--, and ordered published as
Series of 197~-~ of said City,
I have hereunto set my hand and
this ~_~ _z~
Ordinance No. .~-- ._,
provided by law.
IN WITNESS WHEREOF,
the seal of said City of Aspen, Colorado,
day of /~.~_~/ , 197~__.
as
Kathryn S.~Hauter, City Clerk