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HomeMy WebLinkAbout1974-27 3rd Budget Supplemental Appropriation from the Open Space/Capital Improvement Funds from 1974..... ~ • ~, s ORDINANCE N0. 27 Series of 1974 AN ORDINANCE MAKING A THIRD SUPPLEMENTAL APPROPRIATION FROM THE OPEN SPACE/CAPITAL IMPROVEMENTS FUPdD OF THE 1974 BUDGET AND FINANCIAL PLAN FOR THE TOW:1 OF VAIL, COLORADO • WHEREAS, contingencies hereinafter indicated have arisen during the fiscal year 1974 which could not have been reasonably foreseen or anticipated by the Town Council at the time it enacted Ordinance No. 25, Series of 1973, adopting the 1974 Budget and Financial Plan for the Town of Vail, Colorado; WHEREAS, the Town has previously adopted a Budget which has not tal~en into consideration the increased revenues received by the municipality this fiscal year, nor has said Budget taken into consideration the increased expenditures now necessary to effectuate certain municipal purposes, programs, and functions and to adequately provide certain municipal ser- vices for the Town; WHEREAS, the Town Manager has certified to the Town Council that the Town has received revenues in excess of those estimated in the Budget which are available to discharge the appropriation referred to herein, not otherwise reflected in the Budget, in accordance with Section 9.10(a) of the Charter of the Town of Vail, Colorado; and WHEREAS, due to said contingencies the Town Council considers that it should make a supplemental appropriation for the purpose hereinafter set forth, which will be the third supplemental appropriation from the Open Space/Capital Improve- menu Fund of the 1974 Budget; NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO, AS FOLLOWS: Town rk , Depu :. ~, ~ • + • Ord. 27, 1974 Page 2 Section 1. Title. This ordinance shall be known as the "Ordinance Making a Third Supplemental Appropriation from Open Space/ Capital Improvements Fund of 1974 Town Budget" Section 2. Third Supplemental Appropriation from Open Space/Capital Improvements Fund; Authorization for Expenditure of Said Appropriation for Purchase of a Wrecker Truck. Pursuant to Section 9.10(a) of the Charter of the Town of Vail, Colorado, the Town Council hereby makes a third supplemental appropriation in the sum of $8,600.00 from the Open Space/Capital Improvements Fund of the 1974 Budget and Financial Plan for the Town, and authorizes the expenditure of said appropriation by the Town Manager in a reasonable manner for the purchase of a wrecker truck, to-wit a 1974 Jeep Model J-20 Canfield Wrecker, Serial No. J4A466ZN83500. Section 3. Effective Date. This ordinance shall take effect upon the passage hereof in accordance with Section 9.10(e) of the Charter of the Town. Section 4. Amendment to 1974 Annual Appropriation Ordinance. Upon its enactment this ordinance shall be an amend- ment to the 1974 Annual Appropriation Ordinance, Ordinance No. 25, Series of 1973, of the Town of Vail, Colorado, as amended. INTRODUCED, READ, APPROVED, ENACTED TO TAKE EFFECT UPON FINAL PASSAGE ON THIS DATE, AND ORDERED PUBLISHED ONCE IN FULL WITHIN TEN DAYS AFTER PASSAGE OR AS SOON AS POSSIBLE, this 19th day of November, 1974. ATTEST: t~ .-~~,,;; veputy Town 9Jerk l Mayor