HomeMy WebLinkAbout1973-16 1st Budget Supplemental of 1973
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ORDINANCE NO. 16
Series of 1973
A SUPPLEMENTAL ORDINANCE AUTHORIZING THE
EXPENDITURES OF FUNDS BY THE TOWN OF VAI L
IN EXCESS OF THE TOWN BUDGET FOR 1973, AND
SETTING FORTH MATTERS AND DETAILS IN RELATION
THERETO.
WHEREAS, contingencies have arisen during the fiscal year 1973,
which could not have been reasonably foreseen or anticipated by the Town
Council at the time of the adoption of the budget for the year 1973; and
WHEREAS, the Town of Vail has received certain revenues not
budgeted far previous [y; and
WHEREAS, the Town has previously adopted a budget which has not
taken into consideration the increased revenues received by the municipality
this fiscal year, nor has said budget taken into consideration the increased
expenditures necessary to provide adequate municipal services for the Town,
including general services, cultural and recreation programs, and public
safety projects; and
WHEREAS, the Town Manager has certified to the Town Council that
sufficient funds are available to discharge the appropriations referred to
herein, not otherwise reflected in the budget, in accordance with Section
9.10(a) of the Charter for the Town of Vai[; and
WHEREAS, due to the contingencies which could not have been foreseen
at the time of the adoption of the Town's budget, the Town Council considers
that a need exists to approve a supplemental appropriation for the purposes
hereinafter set Forth;
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCI L
OF THE TOWN OF VAI L, COLORADO, THAT:
Section 1 . Appropriation for Construction of Bicycle and Pedestrian
Paths . '
There is hereby appropriated From the Town of Vail Recreation Fee
Fund the sum of $40,000.00 for the construction and maintenance of bicycle
and pedestrian paths within the Town of Vail. The Town Council hereby
authorizes the expenditure of the sum of $40, 000.00 from the Town of Vai [
Recreation Fee Fund for the purposes set forth herein.
Section 2. Appropriation For the Purchase of a Radio and Communications
System .
There is hereby appropriated from the Federal Revenue Sharing Fund
the sum of $16, 143 .00, which amount is authorized for the expenditure of
partial payment of a Motorola radio and communications system.
INTRODUCED, READ, APPROVED, AND ORDERED PUBLISHED
this fourth day of 5epte tuber, 1973 .
ATTEST:
-,
,`
Town Clerk
TOWN OF VAI L
= Page 2
Ordinance No. 16
Series of 1973
INTRODUCED, READ, ADOPTED AND ORDERED PUBLISHED
this eighteenth day of September, 1973.
ATTEST:
Town Clerk
TOWN OF VAI L
Mayor
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