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HomeMy WebLinkAboutordinance.council.029-17 ORDINANCE No. 29 (Series of 2017) AN ORDINANCE APPROPRIATING A DECREASE IN THE ASSET MANAGEMENT PLAN FUND EXPENDITURES OF $553,492, AN INCREASE IN THE GENERAL FUND OF $1,121,796 AN INCREASE IN THE PARKS AND OPEN SPACE FUND OF $316,468, AN INCREASE IN THE TRANSPORTATION FUND OF $597,300, AN INCREASE IN THE HOUSING DEVELOPMENT FUND OF $764,830, AN INCREASE IN THE KIDS FIRST FUND OF $350,000,AN INCREASE IN THE STORMWATER FUND OF $252,100,AN INCREASE IN THE WATER UTILITY FUND OF $340,000, AN INCREASE IN THE ELECTRIC UTILITY FUND OF $100,000, AN INCREASE IN THE PARKING FUND OF $289,920, AN INCREASE IN THE TRUSCOTT HOUSING FUND OF $6,000, AN INCREASE IN THE MAROLT HOUSING FUND OF $8,000,AN INCREASE IN THE EMPLOYEE HOUSING FUND$475,820. 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 and/or unappropriated prior year fund balance available for appropriations in the following funds: ASSET MANAGEMENT PLAN FUND, GENERAL FUND, PARKS AND OPEN SPACE FUND, TRANSPORTATION FUND, HOUSING DEVELOPMENT FUND, KIDS FIRST FUND, STORMWATER FUND, WATER UTILITY FUND, ELECTRIC UTILITY FUND, PARKING FUND, TRUSCOTT HOUSING FUND, MAROLT HOUSING FUND, EMPLOYEE HOUSING FUND. WHEREAS, the City Council is advised that certain expenditures, revenue 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 and/or prior year fund balances available for appropriation in the: ASSET MANAGEMENT PLAN FUND, GENERAL FUND, PARKS AND OPEN SPACE ,FUND, TRANSPORTATION FUND, HOUSING . DEVELOPMENT FUND, KIDS FIRST FUND, STORMWATER FUND, WATER UTILITY FUND, ELECTRIC UTILITY FUND, PARKING FUND, TRUSCOTT HOUSING FUND, MAROLT HOUSING FUND, EMPLOYEE HOUSING FUND: the City Council hereby makes supplemental appropriations as itemized in the Exhibit A. Section 2 If any section, subdivision, sentence, clause, phrase, or portion of this ordinance is for any reason invalid or unconstitutional by any court or 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. INTRODUCED, READ, APPROVED AND ORDERED PUBLISHED AND/OR POSTED ON FIRST READING on the 13th day of November 2017. A public hearing on the ordinance shall be held on the 27th day of November 2017, in the City Council Chambers,City Hall, Aspen,Colorado. Linda Manning,City Clerk Steven Skadro , Mayor FINALLY ADOPTED AFTER PUBLIC HEARING on the 27th day of November 2017. A ST: C i Linda Manning, City Cler Steven Skadr , Mayor Approved as to Form: James R.True,City Attorney