HomeMy WebLinkAbout1975-11 2nd Budget Supplemental for 1975~, 5' ~ ,.- 1. t
ORDINANCE NO. 11 s
Series of 1975
AN ORDINANCE MAKING A SECOND SUPPLEMENTAL
APPROPRIATION FROM THE GENERAL FUND OF T~3E
1975 BUDGET AND FINANCIAL PLAN FOR THE TOWN
OF VAIL, COLORADO
WHEREAS, contingencies have arisen during the fiscal
year 1975, which could not have been reasonably foreseen or
anticipated by the Town Council at the time it enacted Ordinance
No. 30, Series of 1974, adopting the 1975 Budget and Financial
Plan far the Town of Vail, Colorado;
WHEREAS, the Town. of Vail, Colorado, hereinafter
referred to as the "Town", has received certain revenues not
budgeted far previously;
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 nec-
essary to provide adequate municipal services for the Town;
WHEREAS, the Town Manager has certified to the Town
Council that sufficient funds 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;
WHEREAS, the Town Council has created a Town advertis-
ing program which is expected to cost approximately $55,000.00
during the 1975 fiscal year; and
WHEREAS, due to the aforesaid contingencies which have
occurred subsequent to the adoption of the 1975 Town Budget, the
Town Council considers that it should make a supplemental appro--
priation for the purpose hereinafter set forth;
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL
OF THE TOWN OF VAIL, COLORADO, AS FOLLOWS:
Town 1 e rk
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Ord. 11, 1975
Section 1. Title.
Page 2
This ordinance shall be known as the "Ordinance
Making a Second Supplemental Appropriation from General Fund
of 1975 Town Budget",
Section 2. Second Supplemental Appropriation from
General Fund; Authorization for Expenditure of Said Appropria-
tion.
Pursuant to Section 9.10 (a) of the Charter of the
Town of Vail, Colorado, the Town Council hereby makes a second
supplemental appropriation in the sum of $55,000.00 from the
General Fund of the 1975 Budget and Financial Plan for the Town
of Vail, Colorado, and authorizes the expenditure of said appro-
priation by the Town Manager in a reasonable manner during the
1975 fiscal year for the Town advertising program.
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 Annual Appropriation Ordi-
nance,
Upon its enactment this ordinance shall be an amend-
ment to the 1975 Annual Appropriation Ordinance, Ordinance No.
30, Series of 1974, of the Town of Vail, Colorado.
INTRODUCED, READ, ENACTED TO TAKE EFFECT UPON FINAL
PASSAGE ON THIS DATE, ORDERED PUBLISHED ONCE IN FULL WITHIN TEN
DAYS AFTER PASSAGE OR AS SOON AS POSSIBLE, this 15th day of
July, 1975.
Alayor
ATTEST:
i
~~~
Y Town Cler}t/ ~ '
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_ -..
1 ~ - ~.
Sawa of ~ailV
box 100
nail, Colorado 81657
(3031 476-5613
Town Council
Town of Vail, Colorado
P. O. Box 1.00
Vail, Colorado 81657
office of the town manager
July 15, 1975
Re: A supplemental appropriation for the Town
advertising program
Gentlemen and Ms. K1ug:
Pursuant to Section 9.10{a) of the Charter of the Town of
Vail, Colorado, I hereby certify that based on apparently
reliable information from the Finance Department there are
available far appropriation expected revenues in excess of
those estimated in the 1975 Budget and Financial Plan for
the Town of Vail which will enable the Town Council to make
a supplemental appropriation of $55,000.00 for the Town
advertising program for 1975.
Accordingly, I recommend that the Town Council promptly enact
a supplemental appropriation ordinance for this purpose.
Sincerely,
~~~ '
Terrell finger
Tawn Manager
Subscribed and sworn to before me this
15th day of July, 1975.
Notary Pu~lic~-
County of Eagle, State of Colorado
My commission expires: June 27, 1978
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