HomeMy WebLinkAbout1988-13 Making Supplemental Appropriations from the Town of Vail General Fund, Capital Projects Fund, and Others; and Authorizing the Expenditures of Said Appropriations as Set Forth Herein`,rt"
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ORDINANCE N0. 13
Series of 1988
AN ORDINANCE MAKING SUPPLEMENTAL APPROPRIATIONS FROM .~~~~r~~'~''"
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THE TOWN OF VAIL GENERAL FUND, CAPITAL PROJECTS FUND, ~ ~ ~`'r+~
REAL ESTATE TRANSFER TAX FUND, HEAVY EQUIPMENT FUND, .,
SPECIAL PARKING ASSESSMENT FUND, AND THE DEBT' SERVICE
FUND OF THE 1988 BUDGET AND FINANCIAL PLAN FOR THE '.~,a ;;~#
TOWN OF VAIL, COLORADO; AND AUTHORIZING THE EXPENDITURES :''f~;
OF SAID APPROPRIATIONS AS SET FORTH HEREIN.
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WHEREAS, contingencies have arisen during the fiscal year 1988 which ~-`;a~~~,.
could not have been reasonably foreseen or anticipated by the Town Council at the
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time it enacted Ordinance No. 35, Series of 1987, adopting the 1988 Budget and ''~°`.
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Financial Plan for the Town of Vail, Colorado; and, ~~~
WHEREAS, the Town has received certain revenues not budgeted for
previously; 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 of the Town of Vail; and,
WHEREAS, in order to accomplish the foregoing, the Town Council finds
that it should make certain supplemental appropriations as set forth herein.
NOW, THEREFORE, be it ordained by the Town Council of the Town of Vail,
Colorado, that:
Pursuant to Section 9.10(a} of the Charter of the Town of Vail, Colorado,
the Town Council hereby makes the following supplemental appropriations for the
1988 Budget and Financial Plan for the Town of Vail, Colorado, and authorizes the
expenditure of said appropriations as follows:
FUND
AMOUNT
General Fund $ 586,000
Capital Projects Fund 1,488,100
Real Estate Transfer Tax Fund 163,170
Heavy Equipment Fund 55,200
Special Parking Assessment Fund 9,000
Debt Service Fund 448,300
TOTAL $2,749,770
INTRODUCED, READ AND APPROVED ON FIRST READING THIS 3rd day of
May 1988, and a public hearing shall be held on this ordinance on the
3rd day of Ma_y 1988, at 7:30 p.m, in the Council Chambers of
the Vail Municipal Building, Vail Calorada.
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Ordered published in full this 3rd day of Mau I9$$.
1_ ~~~
Kent R. Rose, Mayor
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Parr»,)1~ii,~ii;~'1~~~'~ndmeyer, Town Clerk .
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INTRODUCED, READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED
by title only ,this 17th day of May I9B8. +
Kent R. Rose, Mayor
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