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HomeMy WebLinkAbout1998-14 Making Supplemental Appropriations from the Town of Vail General Fund, Heavy Equipment Fund, and Others of the 1998 Budget and Financial Plan; and Authorizing the Expenditures of Said Appropriations Herein1 ~ ~ ,. • ~ • '~- ORDINANCE NO. 14 SERIES OF 1998 AN ORDINANCE MAKING StJPPLEMCNTAL APPROPRIATIONS FROM TIIE TOWN OI~ VAIL GENERAL FUND, IiEAVY EQUIPMENT FUND, PARKING STRUCTURE FUND, llOiISING FUND, CAPITAL, PRO:IECTS Fi1ND, DEBT SERVICE FiJND, BOOTII CREEK L)l~B"1' SL;RVICL FUND, ANU 1~ACIL17'Y MA1Nr1'I?NANCE FUND, OI~ 'TIIE 1998 BUDGE'T' AND TIIE FINANCIAL PLAN FOR THE TOWN OF VAIL, COLORADO; AND AUTHORIZING "TIIE EXPENDITURES OF SAID APPROPRIATIONS AS SET FORTH HEREIN; AND SETTING FORTH DETAILS IN REGARD THERETO. WLIEREAS, contingencies have arisen during the fiscal year 1998 which could not have been reasonably foreseen or anticipated by the 'T'own Council at the tune it enacted Ordinance No. 20, Series of 1997, adopting the 1998 Budget and Financial Plan for the Town of Vail, Colorado; and, WIIEREAS, 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 rcl'crred to herein, not otherwise reflected in the Budget, in accordance with Section 9.10(a) of the Charter of the 'Town of Vail; and, WLIEREAS, in order to accomplish the foregoing, the Town Council finds that it should make certain supplemental appropriations as set forth herein. NOW, TI-iEREFORE, BE IT ORDAINED, BY TIIE TOWN COUNCIL OF THE TOWN OF VAIL, COLORADO that: Pursuant to Section 9.10(x) of the ('barter of the 'T'own of Vail, Colorado, the 'hown Council hereby makes the following supplemental appropriations for the 1998 Budget and Financial Plan for the Town of Vail, Colorado, and authorizes the expenditure of said appropriations as follows: F[lND AMOUNT General Fund $295,164 Facility Maintenance Fund 5,250 1leavy Equipment C'und 21,760 Parking Structure Fund 27,400 Housing Fund 27,072 Capital Projects Fund 1,298,916 Debt Service Fund 333,700 Booth Creek Debt Service Fund 13.800 $2,023,062 2. If any part, section, subsection, sentence, clause or phrase of this ordinance is for any mason held to be invalid, such decision shall not al7cct the validity ofthe remaining portions of this ordinance; and the Town Council hereby declares it would have passed this ordinance, and each part, .~ . ~ • • • '! section, subsection, sentence, clause or 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 Code of the Town of Vail as provided in this ordinance shall not affect any right which has accrued, any duty imposed, any violation that occ~ured 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. 5. All bylaws, orders, resolutions, and ordinances, or parts thereof, inconsistent herewith arc 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 repealed. INTRODUCED, READ, AI'I'ROVL:D, AND ORDERED 1'UI3LIS[-IED ONCE 1N FULL ON FIRST READING this 15th day of September, 1998, and a public hearing shall be held on this Ordinance on the 6th day of October, 1998, at 7:30 p.m Municipal Building, Vail, Colo ATTEST: ~ (`~~ ~~ C o ~ ~~-~~ y~~ r~ ~ r; l l~ofele Donaldson, Town Clerk J f~; ~' ~ L ~. ~~~~~~ir.,C ~L CiC'. P~',,.~~~' ,: -~ in the Cou it Chambers of the Vail ~, Robert E. Ford, Mayor READ AND APPROVED ON SECOND READING AND ORDERS BLISH ~D this 6th day of October, 1998. ~ ''~ . ~ Robert E. 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