HomeMy WebLinkAboutordinance.council.040-73RECORD OF PROCEEDINGS
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ORDINANCE NO. ~0
(Series of 1973)
AN ORDINANCE MAKING A SUPPLEMENTAL APPROPRIATION TO THE DEBT
SERVICE FUND FOR AGENTS FEES FOR THE CITY OF ASPEN BUDGET
YEAR ENDING DECEMBER 31, 1973, AND DECLARING THAT AN EMERGENCY
EXISTS REQUIRING IMMEDIATE ENACTMENT.
WHEREAS, the City Manager has certified that there are
available for appropriation excess revenues allowing the Council
to make a supplemental appropriations for the 1973 budget year,
and
WHEREAS, the City Manager has submitted for consideration
a supplemental appropriation in the amount of Eleven Thousand
Eight Hundred and Forty-two ($11,842.00) Dollars to the Debt
Service Fund to cover the agents fees for issuing the 1973 Sales
Tax Revenue Bonds, and
WHEREAS, the City Council wishes to authorize this supple-
mental appropriation pursuant to section 9.12 (a) of the Aspen
Charter and to make the appropriation effective immediately
pursuant to section 9.12 (e) of said Charter;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF APSEN, COLORADO:
Section 1.
That a supplemental appropriation be made to the Debt
Service Fund in the amount of Eleven Thousand Eight Hundred
Forty-two ($11,842.00) Dollars to be paid from seventh cent
sales tax collections and be paid for agents fees incurred in
issuing the 1973 Sales Tax Revenue Bends as follows:
Debt Service Fund
Increase to Revenues
Seventh cent sales tax collections
$11,842.00
RECORD OF PROCEEDINGS
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Increase to Expenditures
Agents fees (1973 Sales Tax Revenue Bonds)
$11,842.00
Section 2.
By reason of the fact that the City must complete appro-
priation procedures before the close of the 1973 calendar
year, it is hereby declared that an emergency exists and that
this ordinance is necessary to the immediate preservation of
the public property, health, peace and safety and that it
shall be in full force and effect upon final passage and be
published 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 severable.
INTRODUCED AND APPROVED ON FIRST READING as provided by
law by the City Council of the City of Aspen, Colorado, at
its special meeting held at the City of Aspen on the 28th day
of December, 1973. ~//;~j
Stacy Standl~ III ~ /
Mayor ~ ~_~_/
ATTEST
RECORD OF PROCEEDINGS
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INTRODUCED, READ AND ORDERED PUBLISHED as provided by
law by the City Council of the City of Aspen on~~~__,
1973.
Mayor
CERTIFICATE
STATE OF COLORADO )
)
COUNTY OF PITKIN )
I, Lorraine C-raves, City Clerk of Aspen, Co lorado,
do hereby certify that the above and foregoing ordinance was
introudced, read by title and passed on first reading at a
special meeting of the City Council of the City of Aspen on
December 28, 1973, and was finally adopted and approved at a
special meeting of the City Council on December 31, 1973 and
ordered published in the Aspen Times, a weekly newspaper of
general circulation, published in the City of Aspen, Colorado
in its issue of January 3, 1974 and ordered published as
Ordinance No. 40, Series of 1973, 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 31st day
of December 1973.
~Lo~raine Graves, city c
SEAL