HomeMy WebLinkAboutordinance.council.054-90 ORDINANCE NO. 54__
(Series of 1990)
AN ORDINANCE RECOGNIZING GENERAL FUND REVENUES OF $14,735;
APPROPRIATING GENERAL FUND EXPENDITURES OF $19,735; TRANSFERRING
$5,000 FROM THE LAND FUND TO THE GENERAL FUND; TRANSFERRING
$7,000 FROM THE LAND FUND TO THE 1985 SALES TAX REFUNDING REVENUE
DEBT SERVICE FUND; APPROPRIATING 1985 SALES TAX REFUNDING REVENUE
DEBT SERVICE FUND EXPENDITURES OF $7,000; APPROPRIATING TRUSCOTT
PLACE FUND EXPENSES OF $408,100; APPROPRIATING GOLF COURSE FUND
EXPENSES OF $87,000;
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, 1985 Sales Tax Refunding Revenue
Debt Service Fund and unappropriated prior year fund balance
avallable in the Truscott Place Fund and Golf Course Fund; and
WHEREAS, the City Council is advised that certain expenditures,
revenues and transfers must be approved,
NOW THEREFORE BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
ASPEN, COLORADO:
Section 1
Upon the City Manager's certification that there are current year
revenues available for appropriation in the General Fund, Land
Fund, 1985 Sales Tax Refunding Revenue Debt Service Fund and
unappropriated prior year fund balance in the Truscott Place Fund
and Golf Course Fund, the C~ty Council hereby makes supplemental
appropriations as itemized in Exhibit '~A'~ attached.
Section 2
If any section, subsection, sentence, clause, phrase or portion
of the ordinance is for any reason held ~nvalid or
unconstitutional by any court of competent ]urisdlct~on, 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<~-~.~ , 1990, at 5:00 p.m. in the City Council Chamber,
Aspen, City ~11, Aspen, Colorado.
INTRODUCED, RE~ MD ORDERED published as provided by law by the
C~ty Council of the City of Aspen, Colorado, at its regular
meeting held at the City of Aspen, ~/~_~ ~ ~ 1990.
William Stifling, Mayor
ATTEST:
~.~ adopted, passed and approved on the~day of
W~lliam Stifling, Mayor v
ATTEST:
City Clerk
Exhlbit
GENERAL FUND
Revenues
Police
Drug Recovery Funds (6,135)
Community Partnership (3,600)
Parks
Contrlbutlons (5,000)
(Piston Bullies Repalr)
Total Revenues (14,735)
Expenditures
Police
Supplies & Services 9,735
(Drug Recovery Funds &
Community Partnership)
Parks
Maintenance Repair Services 10,000
(Piston Bullies)
Total Expenditures 19,735
Transfers
From Land Fund (5,000)
(Piston Bullies)
Total Transfers (5,000)
Exhiblt '"A'" cont.
LAND FUND
Transfers
To General Fund 5,000
(Piston Bullies)
To 1985 Sales Tax Refunding
Revenue Debt Service Fund 7,000
(accounting entry)
Total Transfers 12,000
1985 SALES TAX REFUNDING REVENUE DEBT SERVICE FUND
Expenditures
Interest Expense 7,000
(accounting entry)
Total Expenditures 7,000
Transfers
From Land Fund (7,000)
(accounting entry)
Total Transfers (7,000)
TRUSCOTT PLACE FUND
Expenses
Construction Fees 408,100
(Carry forward)
Total Expenses 408,100
Exhibit '~A'~ cont.
GOLF COURSE FUND
Expenses
Maintenance Faclllty (~ncrease) 87,000
Total Expenses 87,000
(ORD3_90)