HomeMy WebLinkAboutordinance.council.069-85 ORDINANCE NO. ~_~
(Series of 1985)
AN ORDINANCE RECOGNIZING GENERAL FUND REVENUES OF $2,000; APPROP-
RIATING GENERAL FUND EXPENDITURES OF $79,200; TRANSFERRING
$16,000 FROM THE GENERAL FUND TO THE WHEELER TRANSFER TAX FUND;
TRANSFERRING $2,000 ~FROM THE GENERAL FUND TO THE GOLF COURSE
FUND; TRANSFERRING $38,200 FROM THE GENERAL FUND TO THE ICE
GARDEN FUND; RECOGNIZING LAND FUND REVENUES OF $120,000; APPROP-
RIATING LAND FUND EXPENDITURES OF $314,400; TRANSFERRING $28,000
FROM THE LAND FUND TO THE GENERAL FUND; TRANSFERRING $95,000 FROM
THE LAND FUND TO THE WHEELER TRANSFER TAX FUND; TRANSFERRING
$379,000 FROM THE LAND FUND TO THE 1985 SALES TAX REFUNDING
REVENUE FUND; TRANSFERRING $44,000 FROM THE LAND FUND TO THE
GOLF COURSE FUND; TRANSFERRING $24,500 FROM THE TRANSPORTATION /
MALL FUND TO THE GENERAL FUND; APPROPRIATING WHEELER TRANSFER TAX
FUND EXPENDITURES OF $200; TRANSFERRING $16,000 FROM THE WHEELER
TRANSFER TAX FUND TO THE GENERAL FUND; TRANSFERRING $195,000
FROM THE WHEELER TRANSFER TAX FUND TO THE 1985 SALES TAX REVENUE
REFUNDING FUND; RECOGNIZING 1982 SALES TAX REFUNDING AND IMPROVEMENT
FUND REVENUE OF $12,500,000; APPROPRIATING 1982 SALES TAX REFUNDING
~D IMPROVEMENT FUND EXPENDITURES OF $12,900,000; TRANSFERRING
$600,000 FROM THE 1982 SALES TAX REFUNDING AND IMPROVEMENT FUND
TO THE 1985 SALES TAX REFUNDING REVENUE FUND; RECOGNIZING 1985
SALES TAX REFUNDING REVENUE FUND REVENUE OF $280,000; APPROPRIATING
1985 SALES TAX REFUNDING REVENUE FUND EXPENDITURES OF $897,000;
RECOGNIZING WATER FUND REVENUES OF $43,000; APPROPRIATING WATER
FUND EXPENDITURES OF $43,400; TRANSFERRING $30,000 FROM THE WATER
FUND TO THE GENERAL FUND; APPROPRIATING ELECTRIC FUND EXPENDITURES
OF $450,000;TRANSFERRING $27,000 FROM THE ELECTRIC FUND TO THE
GENERAL FUND; APPROPRIATING GOLF COURSE FUND EXPENDITURES OF
$78,200; TRANSFERRING $2,000 FROM THE GOLF COURSE FUND TO THE
GENERAL FUND; TRANSFERRING $44,000 FROM THE GOLF COURSE FUND TO
THE 1985 SALES TAX REFUNDING REVENUE FUND; APPROPRIATING ICE
GARDEN FUND EXPENDITURES OF $4,500; TRANSFERRING $2,000 FROM THE
ICE GARDEN FUND TO THE GENERAL FUND; APPROPRIATING SMUGGLER
SPECIAL ASSESMENT FUND EXPENDITURES OF $125,000;
WHEREAS, by virtue of Section 9.12 of the Home Rule Charter,
the City Council may make supplemental appropriations; and
WHEREAS, the City Manager has certified that the City has
unappropriated current year revenues available for appropriation
in the General Fund; Land Fund; Transportation / Mall Fund;
Wheeler Transfer Tax Fund; 1985 Sales Tax Refunding Revenue Fund;
Water Fund; Electric Fund; Golf Course Fund; Ice Garden Fund; and
unappropriated prior year fund balance available in the 1982
Sales Tax Refunding and Improvement Fund; and Smuggler Special
Assesment Fund; and
WHEREAS, the City Council is advised that certain expendi- ·
tures, revenues and transfers must be approved,
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF ASPEN, COLORADO:
S~ct i~o~'~ ~1
Upon the City Manager's certification that there are current
year revenues available for appropriation in the General Fund,
Land Fund, Transportation Mall Fund, Wheeler Transfer Tax Fund,
1985 Sales Tax Refunding Revenue Fund, Water Fund, Electric Fund,
Golf Course Fund, Ice Garden Fund, and unappropriated prior year
fund balance available in the 1982 Sales Tax Refunding and
Improvement Fund, and Smuggler Special Assesment Fund, the City
Council hereby makes supplemental appropriations as itemized in
Exhibit "A" attached.
S~ct~on"2
If any section, subsection, sentence, clause, phrase or
portion of this ordinance is for any reason held invalid or
unconstitutional by any court of competent jurisdiction, such
portion shall be deemed a separate, distinct and independent
provision and such holding shall not affect the validity of the
remaining portion thereof.
Se-ct i3on~- 3
A public hearing on the ordinance shall be held on the
',~hh~_~_~ih,2'~-'i day of 2~_hi, 1985, at 5:00 p.m. in
the City Council Chamber, Aspen City Hall, Aspen, Colorado.
INTRODUCED, READ AND ORDERED published as provided by law by
the City Council of the City of Aspen, Colorado, at its regular
meeting held at the City of aspen,~__~_j~_~/_~___, 1985.
~" '~'~:' ::' William Stifling, Mayor
Ka~hrYh"k~ch, city Clerk
FINALLY adopted, passed and approved on the ~22 day of
2~__t~_, 2, 1985.
i. William Stirling, Mayor
.~ ~-ATTEST: . '
Revenuers
Animal Control
Animal Shelter (2,000)
Total Revenues (2,000)
Exoe~t~re~
Contributions
Correct Canyon Cable 12,000
(Grassroots & R.F.F
Radio)
City Manager
Comparable Worth 200
City Clerk
Comparable Worth 200
Finance
Comparable Worth 800
Engineering
Comparable Worth 300
Housing
Senior Housing 4,400
Environmental Health
Comparable Worth 200
Police
Comparable Worth 1,400
Towing
Comparable Worth 200
Planning
Comparable Worth 500
Animal Control
Comparable Worth 400
Animal Shelter 12,000
(Operating Expenses)
Animal Shelter 12,500
(Improvement & Repairs)
Streets
Comparable Worth 300
GE~ER~f~ ~'-FUND
Parks
Comparable Worth 700
Equipment Purchase 28,500
Data Processing
Comparable Worth 200
Computer Supplies 4,400
Total Expenditures 79,200
From Land Fund (28,000)
(Overhead Allocation)
From Wheeler Fund (16,000)
(Overhead Allocation)
From Water Fund (30,000)
(Overhead Allocation)
From Electric Fund (27,000)
(Overhead Allocation)
From Golf Course Fund (2,000)
(Overhead Allocation)
From Ice Garden Fund (2,000)
(Overhead Allocation)
From Mall Fund (24,500)
(Parks Allocation)
To Wheeler Fund 16,000
(Overhead Subsidy)
To Golf Course Fund 2,000
(Overhead Subsidy)
To Ice Garden Fund 38,200
(Overhead & Fund Subsidy)
Total Transfers (73,300)
REVENUES
Note Proceeds (120,000)
(Capital Improvement Program)
TOtal Revenues (120,000)
Amortization 20,000
Note Repayment 280,000
(Little Cloud)
Note Interest 14,400
(Little Cloud)
Total Expenditures 314,400
To General Fund 28,000
(Overhead Allocation)
To Wheeler Fund 95,000
(Debt Service)
To 85 Sales Tax Ref Rev Fund 379,000
(Debt Service)
To Golf 44,000
(Debt Service)
Total Transfers 546,000
To General Fund 24,500
(Parks Allooation)
Total Transfers 24,500
WHEEL'ER'TR~NSFER'"TAX-~TFND
ExDeKdi't~r'~s
Wheeler Operation
Comparable Worth 200
Total Expenditures 200
E'~9~H'' I' B 'I "T~'~'~'' CON T:
WHEELER 'TR~N SFER~ TA~I' ~F~ND
From General Fund (16,000)
(Overhead Subsidy)
To General Fund 16,000
(Overhead Allocation)
To 85 Sales Tax Ref Rev Fund 195,000
(Debt Service)
From Land Fund (95,000)
(Debt Service)
Total Transfers 100,000
Tg~-~$AT~E~-T~/C~-RE~FUNDTI~L~'~N D' I MPRO~EMEN T FUND
Bond Revenue (12,500,000)
Total Revenues (12,500,000)
Debt Service 12,900,000
Total Expenditures 12,900,000
To 85 Sales Tax Ref 600,000
Rev Fund
Total Transfers 600,000
Rev'e1~'ue~z
Loan Revenue ~80,000)
(Kir chner Moore)
Total Revenues (280,000)
Loan Payment 280,000
(Kirchner Moore)
Principle Payments 100,000
Interest Payments 517,000
Total Expenditures 897,000
From Land Fund (379,000)
(Debt Service)
From Wheeler Fund (195,000)
(Debt Service)
From 82 Sales Tax (600,000)
Ref & Imp Fund
(Debt Service)
From Golf Fund (44,000)
(Debt Service)
Total Transfers (1,218,000)
Note Proceeds (43,000)
(Equipment)
Total Revenues (43,000)
E'xDe'nd~t~r~s
Comparable Worth 400
Equipment 43,000
Total Expenditures 43,400
T~
TO General Fund 30,000
(Overhead Allocation)
Total Transfers 30,000
Electric Debt Service 190,000
Ruedi Debt Service 260,000
Total Expenditures 450,000
To General Fund 27,000
(Overhead Allocation)
Total Transfers 27,000
GOL~F ~ COURSE' F~3'ND
Comparable Worth 200
Debt Service 78,000
Total Ex~nditures 78,200
To General Fund 2,000
(Overhead AlloCation)
From General Fund (2,000)
(Overhead Subsidy)
From Land Fund (44,000)
(~bt Service)
To 1985 Sales Tax Refunding 44,000
Revenue Fund
(Debt Service)
Total Transfers 0
ICE G~D~N ' F~ND
Comer able Worth 300
Noise Reduction 4,200
Total Expenditures 4,500
E X Hi I B I'T "A" CONT,
'~GARDEN~'~FUND
To General Fund 2,000
(Overhead Allocations)
From General Fund (38,200)
(Overhead & Fund Subsidy)
Total Transfers (36,200)
Debt Service 125,000
Total Expenditures 125,000
RECORD OF PROCEEDINGS 100 Leaves
STATE OF COLORADO CERTIFI~TE
COUNTY OF PITKIN
I, Kathryn S. Koch, City Clerk of Aspen, Colorado, do hereby
certify that the above and foregoing ordinance was introduced,
read in full, and ~ssed on first reading at a regular meeting of
the City Council of the City of Aspen on ~~ /4 ..,
1985, and published in the A_~, a weekly newspa~r of
general circulation published in the City of Aspen,Colorado, in
its issue of ~ /~ 1985, and was finally
adopted and approved at a regular meeting of the City Council on
~~ ~ , 1985, and ordered published as
Ordinance No. &~ , Series of 1985, of said City as provi~d
by law.
IN WITNESS WHEREOF, I have hereunto set ~ hand and the ~al
of said City of Aspen, Colorado this ~-~'~ day of
/
Kathryn ~Koch, City Clerk
Deputy City Clerk