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HomeMy WebLinkAboutordinance.council.032-84 ORDINANCE NO. ~ (Series of 1984) AN ORDINANCE RECOGNIZING GENERAL FUND REVENUE OF $85,000; REVERSING A TRANSER OF $85,000 FROM THE REVENUE SHARING FUND TO THE GENERAL FUND; RECOGNIZING LAND FUND REVENUE OF $9,000; APPROPRIATING LAND FUND EXPENDITURES OF $9,000; APPROPRIATING ELECTRIC FUND EXPENDITURES OF $18,000;REDUCING REVENUE SHARING FUND REVENUE OF $85,000; APPROPRIATING EMPLOYEE RETIREMENT FUND EXPENDITURES OF $25,000; APPROPRIATING ASSET REPLACEMENT FUND EXPENDITURES OF $33,100; 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;Electric Fund; Revenue Sharing Fund; and Employee Retirement Fund; and unappropriated prior year fund balance available in the Asset Replacement Fund; WHEREAS, the City Council is advised that certain expenditures, revenues and transfers musk be approved, and NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO: Upon the City Manager's certification that there are current year revenues available for appropriation in the General Fund, Land Fund, Electric Fundt Revenue Sharing Fund, and Employee Retirement Fund, and prior year fund balance available for appropriation in the Asset Replacement Fund, the City Council hereby makes supplemental appropriations as itemized in Exhibit "A" attached. Section 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. Section 3 A public hearing on the ordinance shall be held on the day of ~~. , 1984, 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,.~ ~ .., 1984. William Stifling, Mayor ATTEST: Kathryn Koch, City Clerk FINALLY adopted, passed and approved on the /4 day of ~, 1984. William Stifling, Mayor ATTEST: Kati~y Clerk E X H I B I T "A" GENERAL FUND Revenues Revenue Sharing Total Revenues (85,000) T~ From Revenue Sharing Fund .~5,Q00 ..... Total Transfers 85,000 LAND FUND Revenues House Rental .(9.000) Total Revenues (9,000) E_~9/i~= Contribution ACES 9.000 Total Expenditures 9,000 ELECTRIC FUND 1 Block of Lighting 18.000 _ Total Expenditures 18,000 Exhibit "A" cont. REVENUE SHARING FUND Revenue% Revenue Sharing Funds 85.000 Total Revenue 85,000 To General Fund (85.000) Total Transfers (85,000) EMPLOYEE RETIREMENT~FUND Pension Refunds ~.5.000 Total Expenditures 25,000 ASSET REPLACEMENT FUND Computer 17,700 Other 15.400 33,100