HomeMy WebLinkAboutordinance.council.100-75RECORD OF PROCEEDINGS
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ORDINANCE NO. /Od)
(Series of 1975)
AN ORDINANCE TRANSFERRING EXCESS APPROPRIATED DEBT SERVICE FROM THE
SEVENTH PENNY SALES TAX BONDED DEBT RESERVE FUND AND THE 1973 SEVENTH
PENNY SALES TAX REVENUE BONDS TO THE SEVENTH PENNY FUND; RECOGNIZING
MALL SPACE REVENUES AND BUS ADVERTISING RENTALS; APPROPRIATING FROM
THE SEVENTH PENNY FUND TWO THOUSAND ($2,000.00) DOLLARS FOR RIO GRANDE
IMPROVEMENTS AND FIFTEEN THOUSAND ($15,000.00) DOLLARS FOR ~ALL DE-
SIGN WORK; ~ND DECLARING THAT AN EMERGENCY EXISTS REQUIRING IMMEDIATE
ENACTMENT
WHEREAS, in order to recognize excess appropriated debt
service monies and revenues in the Seventh Benny Sales Tax Fund, as
well as unanticipated revenues, and to appropriate monies for Rio
Grande Property improvements and mall design cost, the City Council
must recognize these revenues and authorize these expenditures by
emergency ordinance to insure that the approval is effective before
the end of the fiscal year,
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF ASPEN, COLORADO:
Section 1
That revenues be recognized in the Seventh Penny Sales Tax
Fund and expenditures therefrom be made as follows:
Seventh Penny Sales Tax Fund
Transfer excess appropriated debt service
from Sales Tax Bonded Debt Reserve Fund
Transfer excess appropriated debt reserve
from 1973 Sales Tax Revenue Bonds
Revenues from Mall Space Rentals
Revenues from Bus Advertising Rentals
Rio Grand Property Improvements (road base)
Mall Design
Unappropriated Surplus
Revenues Expenditures
$ 7,439.00 $
9,910.00
1,100.00
150.00
2,000.00
15,~00.00
1,599.00
Leaving Unappropriated Revenues of Thirty-Eight Thousand Nine Hundred
And Two ($38,902.00) Dollars.
~ection 2
If any provision of this ordinance or the application thereof
RECORD OF PROCEEDINGS
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to any person or circumstance is held invalid, such invalidity shall
not affect other provisions or applications of the ordinance which
can be ~ven effect without the invalid provisions or applications,
and to this end the provisions or appications of this ordinance
are declared to be severable.
Section 3
That it is hereby declared that an emergency exists requir-
ing the immediate adoption of this ordinance inasmuch as all budget
ordinances for the 1975 revenues or expenditures must be fully
approved by the City's governing body before the end of this calendar
year; that this ordinance be approved only by the unanimous vote of
councilmen present or a vote of five councilmen, whichever is less;
that this ordinance be passed at two meetings of council; that
neither a public hearing nor first publication be required; that this
ordinance be published within ten (10) days after final passage,
and that it take effect upon final passage.
INTRODUCED AND READ by the Aspen City Council at its regular
meeting held Monday, December 22,
ATTEST:
~TACY ANDLEY I~II, MAYO~i/
ELIZABETH M. KLYM, DA~PUTY CITY CLERK /
READ, FINALLY ADOPTED and ordered /~u~lished by the Aspen
City Council on _~.rl,..~/~f~>~' /~~~
~ _ ACY/~TANDLEY ~II, MAY~
, , / I
ELIZAbeTH M. KLYM, DEPUTY CITY CLERK
RECORD OF PROCEEDINGS
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STATE oF COLORADO )
COUNTY OF PITKIN )
SS. CERTIFICATE
I, Kathryn S. Hauter, City Clerk of Aspen,
Colorado, do hereby certify that the above and foregoing
ordinance was introduced, read in full, and passed on
~C~ reading at a regular meeting of the
City Council of the 'City of ~spen on ~~ ~
197~, and published in the Aspen Times, ~ weekly newspaper
of general circulation, published in the City of Aspen,
Colorado, in its issue of ~' , 197 ,
and was finally adopted and approved at a'~meeting
of the City Council on /~c~ ~ , 197~
and ordered published as Ordinance No. /~¢ , Series of
197__~, of said City, as provided by law.
IN WITNESS WHEREOF, I have hereunto set my hand
and the seal of said City of Aspen, Colorado, this ~ c/~
day of /~LL ~i.~_~..t./' , 197~.
Kath~n S. ~auter
City' Clerk