HomeMy WebLinkAbout1988-35 Making Supplemental Appropriations from the Town of Vail Lionshead Mall Improvement Fund, Wests Vail Street Improvement Fund, and the Health Insurance Fund of the 1988 Budget and Financial Plan~~~ _
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ORDINANCE N0. 35
Series of 1988
AN ORDINANCE MAKING SUPPLEMENTAL APPROPRIATIONS FROM
THE TOWN OF VAIL LIONSHEAD MALL IMPROVEMENT FUND,
WEST VAIL STREET IMPROVEMENT FUND, AND THE HEALTH
INSURANCE FUND OF THE 3.988 BUDGET AND FINANCIAL PLAN
FOR THE TOWN OF VAIL, COLORADO; AND AUTHORIZING THE
EXPENDITURES OF SAID APPROPRIATIONS AS SET FORTH HEREiN.
WHEREAS, contingencies, have arisen during the fiscal year 1988 which
could not have been reasonably foreseen or anticipated by the Town Council at the
time it enacted Ordinance No. 35, Series of 1987, adopting the 19$8 Budget and
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 Tnwn 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
Lionshead Mall Improvement Fund $ 106,000
West Vail Street Improvement Fund 503,000
Health Insurance Fund 550,000
TOTAL $1,159,000
INTRODUCED, READ AND APPROVED ON FIRST READING THIS qtr day of
December , 1988, and a public hearing sha11 be held on this ordinance on the
bth day of December 1988, at 7:30 p.m. in the Council Chambers of
the Vail Municipal Building, Vail Colorado.
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Ordered published in full this 6th day of December 1988•
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Kent fit. Rose, Mayor
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"'~ ?ame1 a A. Brandmeyer, Town Gl erk
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INTRODf~CED, READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED
by title aniy this 20th day of December 198$.
Kent R. Rose, Mayor'
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