HomeMy WebLinkAboutordinance.council.091-81FOEM 50 C. F. HOECKEL B. B. 8~ L, CO.
RECORD OF PROCEEDINGS
100 Leaves
ORDINANCE NO. ~/
(Series of 1981)
AN ORDINANCE APPROPRIATING GENERAL FUND EXPENDITURES IN THE AMOUNT OF $58,422.
FROM GENERAL FUND BALANCE AND RECOGNIZING ADDITIONAL UNANTICIPATED GENERAL
FUND REVENUE OF $11,958~ RECOGNIZING GENERAL INTRAFUND TRANSFERS OF $1,400~
APPROPRIATING LAND FUND EXPENDITURES OF$$1D,O00FROM LAND FUND BALANCE; APPRO-
PRIATING ELECTRIC FUND EXPENDITURES OF $100,000 FROM ELECTRIC FUND BALANCE;
APPROPRIATING CASTLE RIDGE FUND EXPENDITURES OF $1,066,000~ $886,000 ~ROM
CASTLE RIDGE BOND PROCEEDS AND TRANSFERRING $180,000 FROM ELECTRIC FUND BALANCE
TO CASTLE RIDGE FUND BALANCE; APPROPRIATING REAL ESTATE TRANSFER TAX FUND
EXPENDITURES OF $250,000;i~TPCANSF~RRING~'.$250~,O01D ~ROM"~LEC'TR~IC~ FUND~'~BALA~E TO WHEELER
TRANSFER TAX FUND; APPROPRIATI~CITY POLICE PENSION FUND EXPENDITURES IN
THE AMOUNT OF $8,000 ~R~IM FUND BALANCE; APPROPRIATING ICE GARDEN FUND
EXPENDITURES OF $23,000 AND RECOGNIZING ADDITIONAL UNANTICIPATED REVENUES
OF $23,000; UNAPPROPRIATING ICE GARDEN EXPENDITURES OF $91,562, AND UNAPPRO-
PRIATING TRANSFER OF $91,562 FROM THE LAND FUND TO THE ICE GARDEN FUND, LiND
APPROPRIATING LAND FUND EXPENDITURES 0F$93,437.58 FOR ICE GARDEN DEBT SERVICE;
APPROPRIATING ADDITIONAL TRANSFER FROM LAND FUND TO DEBT SERVICE FUNDS OF
$6,906; UNAPPROPRIATING TRANSFER FROM TRANSPORTATION TO DEBT SERVICE FUNDS
OF $5,906; APPROPRIATING $189,000 OF WATER BOND PROCEEDS.
WHEREAS, the City Manager has certified that these are available for
appropriation fund balance and additional revenues in the budget; and
WHEREAS, The City Manager has certified that the City has recognized
unanticipated, additional revenues and 'expenditures and transfers specified
in Exhibit "A"; and
WHEREAS, the City Council is advised that certain revenues and expendi-
tures and transfers be recognized and approved.
WHEREAS, it is the intent or City Council to recognize and app=ov~ such
appropriations, expenditures and transfers that are necessary for budgetary
compliance.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ASPEN,
COLORADO:
Sectioni~l
Upon the City Manager's certification that there are available for appro-
priation fund balance and revenues in the budget, the City Council hereby makes
a supplemental appropriation of General Fund expenditures in the amount of $58,422,
recognizing additional ~:General Fund revenue of $11,958; appropriating Land
Fund expenditures of $10,000; Appropriating Electric Fund expenditures of $100,000I
Appropriating Castle Ridge Fund expenditures of $1,066,000; Appropriating Wheeler
Real Estate Transfer Tax Fund expenditures of $250,000;~!\Appropriating City
FORt4 to C. F, HOECK~L B. B. & L, ¢0.
RECORD OF PROCEEDINGS
100 Leaves
Police Pension Fund expenditures of $8,000; Appropriating Ice Garden Fund
expenditures of $23,000 and recognizing additional unanticipated revenues of
$23,000~ Unappropriating Ice Garden expenditures of $91,562 and unappropri-
ating transfer of $91,562 from Land FUnd to Ice Garden Fund, and appropri-
ating Land Fund expenditures $93,437.58; transferring $180,000 from Electric
Fund to Castle Ridge Fund; transferring $250,000 from Electric Fund to Wheeler
Transfer Fund; transferring 96,906 from Land Fund to Debt ~ervice Funds;
unappropriating $5,906 of transfer from Transportation to Debt Service Funds;
Appropriating $189,000 of Water Bond Proceeds for the purposes specified
in the attached Exhibit "A".
Section 2
If any section, subsection, sentence, clause, phrase of 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 portions thereof.
Section 3
That a public hearing on the ordinance shall be held on the date of~~
1981, at 5:00 P.M. in the City Council Chambers, Aspen City Hall ,Aspen,
Colorado.
INTRODUCED, READ AND ORDERED ~.tished as provided h~ law by :t.he~iCity
Council of the City of Aspen, Colorado at its regular meeting held at the
City of Aspen on ~~ /~,1981.
FORM 50 C.F. HOECKEL B. B. & L, CO.
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 was
introduced, read in full~, and passed on ~
reading at a regular meeting of the City Council of the
City of Aspen on ~ /~, 19~/, and published
in the Aspen Times a weekly newspaper of general circul-
ation, published in the City of Aspen, Colorado, in its
.-%
issue of ~ /~ , 19~/,__ and was finally adopted
!
and approved at a regular meeting of the City Ceuncil on
_~ d~ , 19~, and ordered published as
O~d-~J.~.n~._ No.-.___~_.__, Series of 19 , of said City, as
provided by law.
IN WIS'NESS WHEREOF, I have hereunto set my hand and
the seal of said City of Aspen, Colorado, this
day of ~ __, 19 ~_/.
-~ ~-'~"~; : ~City Clerk
SEAL
Deputy City Clerk
FORM 50 C.F. HOECKEL
RECORD OF PROCEEDINGS
100 Leaves
EXHIBIT "A"
General Fund:
General Fund Expenditures
General & Administrative
Unemployment Payments
Telephone Expenditures
City Council
Christmas Party
Legal Claims (Andres"s Coub Doors)
Communications
Renovation (County & Snowmass Share)
Data Processing
Maintenance Contract (City & County)
General Fund Revenues
Joint Department contributions (County & Snowmass)
General Fund Intrafund Transfers & Expenditures
City Manager
Finance Dept (Menni~ger Seminar)
$ 18,000
15,000
$ 50O
3,000
$ 3,944
$ 16,028
$ 58'422
$ 11,958
(1,400)
1,400
-0-
Land Fund EXpenditures:
Comprehensive Insurance
Debt Service (Ice Rink)
Electric Fund Expenditures
Legal Fees (Reudi and Castle Creek Hydroelectric
Dam)
Inventory Resale
Wholesale Power Purchase
Castle Ridge Fund Expenditures:
Construction Costs
Wheeler Transfer Tax Fund Expenditures:
Construction Costs
City POlice Pension Fund Expenditures:
Retirement Refunds
$ 10,000,00
93,439.58
$103,43~.58 ,,
$ 21,566
8,444
70,000
$100,000.
$1,066,000
$ 25o,ooo
$ 8,000
Ice Garden Fund:
Expenditures
Operating Costs $ 23,000
Revenues
Sale of Ice Time $ 23,000
FORM 58 C.F. HDECKEL B. 8. & L. CO,
RECORD OF PROCEEDINGS
100 Leaves
Water Bond Fund EXpenditures:
Construction Costs
Interfund Transfers:
Land Fund to Debt Service Funds
('78 sales tax revenue bonds)
Transportation Fund to Debt Service Funds
('78 sales tax revenue bonds)
Land Fund to Ice Garden Fund
(Debt Service on Ice Rink)
Electric Fund to Castle Ridge Fund
(Construction)
Electric Fund to Wheeler Transfer Tax Fund
(Construction)
$189,000
6,906
$ (5,906)*
$(91,562)*
$180,000
$250,000
* Represents reduction of prior transfer appropropriation
FOR~I 50 C.F. HOECKEL B. ~. S L.
RECORD OF PROCEEDINGS
100 Leaves
Herman Edel
Mayor
ATTEST
Herman Edel
Mayo r
ATTEST: ~.: .
I(athryn S. ~h
City Clerk