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HomeMy WebLinkAboutordinance.council.004-74RECORD OF PROCEEDINGS 100 Leaves ORDINANCE NO.. ~ (Series of 1974) AN ORDINANCE AMENDING ORDINANCE NUMBER 39 SERIES OF 1973, TRANSFERRING $1,799,569.00 IN ' REVENUES FROM THE LAND ACQUISITION FUND TO THE TRANSPORTATION FUND ESTABLISHED BY ORDINANCE 38, SERIES OF 1973; REDUCING THE EXPENDITURES IN SAID LAND ACQUISITION FUND ATTRIBUTED TO INTEREST EXPENSE, LAND AND LAND RIGHTS, OTHER SERVICES, LIGHTING SYSTEM AND LAND DEVELOPMENT; INCREASING EXPENDITUREs IN THE TRANSPORTATION FUND ATTRIBUT_ ABLE TO LAND AND LAND RIGHTS, OTHER SERVICES, LIGHTING SYSTEM, LAND DEVELOPMENT AND INTEREST EXPENSE; ALL TRANSFERS TO CORRECT THE EARLIER ENTRIES MADE IN SAID ORDINANCES 39 AND 38, SERIES OF 1973, SO AS TO REFLECT THEIR PROPER ALLOCATION TO THE LAND TRANSFER AND TRANSPORTATION FUNDS. WHEREAS, council has been apprised that various revenues and expenditures appropriated in its Ordi_ nance numbers 38 and 39, Series of 1973, were in- correctly attributed to the land acquisition or transportation funds, and WHEREAS, the City Council wishes to correct the entries attributable to such funds to accurately reflect their source and expenditure, NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1. That certain modifications be made to the Land A_cquisition Fund revenues and expenditures established by Ordinance 39, Series of 1973, so that the correct amounts for the following entries are: RECORD OF PROCEEDINGS SALES TAX FOOD TAX REFUNDS TRANSFER TO 1972 SALES TAX BOND INTEREST EXPENSE LAND AND LAND RIGHTS URBAN MANAGEMENT RUNOFF PLAN LEASE OPTION Expenditures $ 10,395.00 $290,030.00 $ 6,090.00 $ 43,500.00 $ 9,083.00 $ 1,500.00 1 O0 Leaves Revenues $360,598.00 Section 2. That certain modifications be made to the ~ransportation Fund established by Ordinance 38, Series of 1973, so that the the following entries are: correct amounts for ~xpenditures Revenues SALES TAX BOND PROCEED LAND AND LAND RIGHTS $1,747,629.00 OTHER SERVICES $ 5,983.00 LIGHTING SYSTEM $ 5,698.00 LAND DEVELOPMENT $ 35,819.00 INTEREST EXPENSE $ 4,440.00 $ 40,409.00 $1,759,160.00 Section 3. If any provision of this ordinance thereof to any person or circumstance is or the application held invalid, such invalidity shall not affect other provisions or applications of the ordinance which can be given effect without the invalid (2) RECORD OF PROCEEDINGS 100 Leaves provisions or applications and to this end the provisions or applications of this ordinance are declared to be severable. Section 4. The public hearing on this ordinance shall be held on the Z/Z day ofx_ /~ · ~ , 1974, at 5 P.M. in the City Council Chambers, City Hall, Aspen, Colorado. INTRODUCED, READ AND ORDERED PUBLISHED as provided by law by the City Council of Aspen, Colorado, at its meeting held at the City of Aspen on the ~.~rvrf~ day 1974. St~7 Stand[e~ [~ ATTEST: ~---~/ City Clerkv ATTEST: City Clerk INTRODUCED, READ AND FINALLY APPROVED as provided by law by the City Council of Aspen, Colorado, at its meeting held on the . // day of-_~~~, 1974. Stacy S~andIey III ~ Mayor~ .~_~ STATE OF COLORADO) ) ss CERTIFICATE COUNTY OF PITKIN ) I, Lorraine Graves, City Clerk of Aspen, Colorado, do hereby certify that the above and foregoing ordinance was introduced, read by title, and passed on first reading at a regular meeting of the City Council of the City of Aspen on January ~ , 197_A, and published in the Aspen ~m~ , a weekly newspaper of general circulation, published in the City of Aspen, Colorado, in its issue of Jan.mry 5] , 197 4, and was finally adopted and approved at a regular meeting of the City Council on F~hr~,~ry published as Ordinance No. said City, as provided by law. · 197_~, and ordered , Series of 197_.~, of IN WITNESS WHEREOF, I have hereunto set my hand and seal of said City of Aspen, Colorado, this 12 day of February .. , 197~__. the