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HomeMy WebLinkAboutordinance.council.046-81RECORD OF PROCEEDINGS ORDINANCE NO. ~ (Series of 1981) 100 Leaves AN ORDINANCE RECOGNIZING A TRANSFER FROM THE ICE GARDEN F~qn IN THE AM~UN~ OF $9~,469.00~ AND A REDUCTION IN BUDGETED DEBT ,562.00; AND AN INCREASE IN OTHER EXPENDITURES IN THE ICE GARDEN FUND IN THE AMOUNT OF $93.00; AND A TRANSFER TO THE LAND FUND IN THE AMOUNT OF $9i,469.00; AND A SUPPLEMENTAL APPROPRIATION IN THE LAND F~D FOR PROPERTY NOTE DEBT SERVICE IN THE AMOUNT OF $91,562.00; AND AN APPROPRIATION FROM CURRENT YEAR REVENUES IN THE LAND ..... FUND IN THE AMOUNT OF $93.00 WHEREAS, by virtue of Section 9.12 of the Home Rule Charter, the City Council may make supplemental appropriations; and WHEREAS, the City Council is advised that certain transfers and expenditures must be recognized and 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 the Ice Garden property note debt service is an obligation of the Land Fund and should properly be budgeted for as an expenditure within the Land Fund, the City Council hereby makes a supplemental appropriation of a transfer in the amount of $91,469.00 from the Ice Garden Fund to the Land Fund;and recognizes supplemental appropriations for debt service expenditure in the Land Fund in the amount of $91,562.00, and an appropriation of unappropriated current year revenues in the amount of $93.00; and Section 2 The City Council recognizes a reduction in budgeted debt service expenditures in the Ice Garden Fund in the amount of $9i,562.00 and a supplemental appropriation for other expenditUres in the Ice Garden Fund in the amount of $93.00. RECORD OF PROCEEDINGS .............. K ...... . ..... 100 Leaves Section 3 --~ If any section, subsection, sentence, clause, phrase or por- tion of this ordinance is for any reason held invalid or unconsti- tutional 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 por- tions thereof. Section 4 That a public hearing be held on this ordinance on the day of , 1981, at 5:00 P.M. in the City Council Chambers~ Aspen City Hall, Aspen, Colorado. INTRODUCED, READ AND ORDERED published as provided by law by City Council of the City of Aspen, Colorado, at its regular meet- lng held on the .~/~f/ day of , 1981. rman Edel '~....~. Mayor ATT~S?: - FINALLY adopted, passed and approved on the /~ ATTEST: , 1981. Mayor day of RECORD OF PROCEEDINGS 100 Leaves STATE OF COLORADO ) ) ss COUNTY OF PITKIN ) CERTIFICATE I, Kathryn S. Koch· City Clerk of Aspen, Colorado· do hereby certify that the above and foregoing ordinance introduced, read in full· and passed on was reading at a regular meeting of the City Council of the City °f Aspen °n ~~~~_~ · 19 and published in the Aspen Times a weekly newspaper of general circul- ation, pub~shed in the City of Aspen, Colorado· in its .~ssue of · 19~ and was and approved at a regular meeting of the City Council finally on adopted ~ ., 19 ~__,/, and ordered published as Ordinance No. ---~~ · Series of 19,~, 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 ~-'~~" day of ~~~ , 19 ~. Deputy Czty Clerk