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HomeMy WebLinkAboutordinance.council.007-18 ORDINANCE No. 7 (Series of 2018) AN ORDINANCE APPROPRIATING AN INCREASE IN THE ASSET MANAGEMENT PLAN FUND EXPENDITURES OF $16,698,340 AN INCREASE IN THE GENERAL FUND OF $3,743,716, AN INCREASE IN THE PARKS AND OPEN SPACE FUND OF $2,375,011, AN INCREASE IN THE WHEELER OPERA HOUSE FUND OF $276,647, AN INCREASE IN THE TRANSPORTATION FUND OF $1,570,074, AN INCREASE IN THE HOUSING DEVELOPMENT FUND OF $4,844,002, AN INCREASE IN THE KIDS FIRST FUND OF $490,237, AN INCREASE IN THE STORMWATER FUND OF $1,174,358, AN INCREASE IN THE WATER UTILITY FUND OF $1,899,548, AN INCREASE IN THE ELECTRIC UTILITY FUND OF $1,082,128, AN. INCREASE IN THE PARKING FUND OF $205,212, AN INCREASE IN THE GOLF COURSE FUND OF $95,380, AN INCREASE IN THE TRUSCOTT HOUSING FUND OF $42,150, AN INCREASE IN THE MAROLT HOUSING FUND OF $9,000, AN INCREASE IN THE EMPLOYEE HOUSING TUND $3,972,688, AN INCREASE IN THE INFORMATION TECHNOLOGY FUND OF $436,589. 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, WHEELER OPERA HOUSE FUND, TRANSPORTATION FUND, HOUSING DEVELOPMENT FUND, KIDS FIRST FUND, STORMWATER FUND, WATER UTILITY FUND, ELECTRIC UTILITY FUND, PARKING FUND, GOLF COURSE FUND, TRUSCOTT HOUSING FUND, MAROLT HOUSING FUND, EMPLOYEE HOUSING FUND, INFORMATION TECHNOLOGY 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, WHEELER OPERA HOUSE FUND, TRANSPORTATION FUND, HOUSING DEVELOPMENT FUND, KIDS FIRST FUND, STORMWATER FUND, WATER UTILITY FUND, ELECTRIC UTILITY FUND, PARKING FUND, GOLF COURSE FUND, TRUSCOTT HOUSING FUND, MAROLT HOUSING FUND, EMPLOYEE HOUSING FUND, INFORMATION TECHNOLOGY 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 14th day of May,2018. A public hearing on the ordinance shall be held on the 29th day of May,2018,in the City Council Chambers,City Hall,Aspen,Colorado. ATTEST: C Linda Manning,City I erk Steven Skadr n, Mayor FINALLY ADOPTED AFTER PUBLIC HEARING on the 29th day of May, 2018. ATTEST: Linda Manning,City CI k Steven Skadro Mayor Approved as to Form: Ja es R.True, City Attorney