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HomeMy WebLinkAboutordinance.council.064-74RECORD OF PROCEEDINGS 100 Leaves ORDINANCE NO. ~ (Series of 1974) AN ORDINANCE DECREASING APPROPRIATIONS WITHIN THE SEVENTH PENNY SALES TAX SPECIAL REVENUE FUND FOR THE CITY OF ASPEN BUDGET YEAR ENDING DECEMBER 31, 1974; AND DECLARING THAT AN EMERGENCY EXISTS REQUIRING IMMEDIATE ENACTMENT WHEREAS, the City Manager has advised reductions in appropriations within the Seventh Penny Sales Tax Fund re- flecting a decrease in anticipated revenues all as hereinafter described, and WHEREAS, the City of Aspen must complete its budget amendment procedures before the close of the 1974 calendar year, and enactment by emergency ordinance as authorized by Section 4.11 of the Aspen Charter is required, NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Section 1. That the following adjustments be made to the Seventh Penny Sales Tax Special Revenue Fund: Seventh Penny Sales Tax Fund ~ ~ ~ Appropriations ~ Expenditures ~ Revenues Decrease Anticipated Revenues ~f~ $ 53,387.00 -Transfer from Electric Fund '' Increase Anticipated Revenues - Sal~ Tax $ 13,645.00 Decrease Appropriation for Public Transit Decrease Appropriation for Transfer to Land Fund (Food Tax) 28,142.00 11,600.00 Section 2. By reason of the fact that the City must complete appropri- ation procedures before the close of the 1974 calendar year, it is RECORD OF PROCEEDINGS 100 Leaves hereby declared that an emergency exists and that this ordinance is necessary to the i~mnediate preservation of the public property, health, peace and safety, and that it shall be in full force and effect upon final passage and be pub- lished within ten (10) days after final passage, or as soon thereafter as possible. Section 3. If any provision of this ordinance or the application thereof 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 sever- able. INTRODUCED, READ AND APPROVED on first reading as pro- vided by law by the Aspen City Council at its continued regular meeting held Friday, December 13, 1974. --Stacy St~ndl'ey ~ / Mayor ~ ~-' / ATTEST: Kathryn ~huter city Clerk INTRODUCED, P~AD, FINALLY APPROVED AND ORDERED published as provided by law by the Aspen City Council at its meeting held ,~C6~.~,.-~---~'--'~, 197¢/' ATTEST: i~athryn H~er City Clerk otacy~St~ndley III Mayor ~ .~' -2-