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HomeMy WebLinkAbout1996-15 Making Supplemental Appropriations from the Town of Vail General Fund, Parking Structure Fund, and Others of the 1996 Budget and the Financial Plan; and Authorizing the Expenditures of Said Appropriations as Set Forth Hereinx ~„ • • ORDINANCE NO. ~ 5 SERIES OF 1996 AN ORDINANCE MAKING SUPPLEMENTAL APPROPRIATIONS FROM THE TOWN OF VAIL GENERAL FUND, PARKING STRUCTURE FUND, HEAVY EQUIPMENT FUND, AND REAL ESTATE TRANSFER TAX FUND, OF THE 1996 BUDGET AND THE FINANCIAL PLAN FOR THE TOWN OF VAIL, COLORADO; AND AUTHORIZING THE EXPENDITURES OF SAID APPROPRIATIONS AS SET FORTH HEREIN; AND SETTfNG FORTH DETAILS IN REGARD THERETO. WHEREAS, contingencies have arisen during the fiscal year 1996 which could not have been reasonably foreseen ar anticipated by the Town Counci! at the time it enacted Ordinance No. 20, Series of 1995, adopting the 1996 Budget and Financial Pian 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: 1. 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 1996 Budget and Financial Plan far the Tawn of Vail, Colorado, and authorizes the expenditure of said appropriations as follows: FUND AMOUNT General Fund $388,059 Parking Structure Fund $ 6fi, 834 Heavy Equipment Fund $268,987 Real Estate Transfer Tax Fund X656.139 $1,390,019 2, if any part, section, subsection, sentence, clause ar phrase of this ordinance is far any reason held to be invalid, such decision shall not affect the validity of the remaining portions of this ordinance; and the Town Council hereby declares it would have passed this ordinance, and each part, section, subsection, sentence, clause ar phrase thereof, regardless of the fact that any one or more parts, sections, subsections, sentences, clauses or phrases be declared invalid. 3. The Town Council hereby finds, determines, and declares that this ordinance is necessary and proper for the health, safety, and welfare of the Town of Vail and the inhabitants thereof. 4. The repeal or the repeal and reenactment of any provision of the Municipal Cods of the Town of Vail as provided in this ordinance shall not affect any right which has accrued, any duty imposed, any violation that occurred prior to the effective date hereof, any prosecution commenced, nor any other action or proceedings as commenced under or by virtue of the provision repealed or repealed and reenacted. The repeal of any provision hereby shall not revive any provision or any ordinance previously repealed or superseded unless expressly stated herein. Qrdinance No. ~ 5, Series of 1996 ` ~ 'R. ..- • • • 5. All bylaws, orders, resolutions, and ordinances, or parts thereof, inconsistent herewith are repealed to the extend only of such inconsistency. This repealer shall not be construed to revise any bylaw, order, resolution, or ordinance, or part thereof, theretofore repeated. INTRODUCED, READ, APPROVED, AND ORDERED PUBLISHED ONCE IN FULL ON FIRST READING this 2nd day of July, 1996, and a public hearing shalt be held on this Ordinance on the 16th day of July, 1996, at 7:30 p.m. in the Council Chambers of the Vail Municipal Building, Vail, Colorado. >± Robert W. Armour, Mayor ATTEST: Holl L. McCutchean, Town Clerk READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED I this 1~._{" day of ~L~~~t .1996. ry ~~ Ro art W. Armour, Mayor ATTEST: ot~lY1 ~ ~ C~ Holly L. 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