HomeMy WebLinkAbout2003- 8 Making Supplemental Appropriations to the Town of Vail General Fund, Capital Projects Fund, and Others of the 2003 Budget for the Town of Vail; and Authorizing the Expenditures of Said Appropriations as Set Forth Herein~ t
ORDINANCE N0.8
SERIES OF 2003
AN ORDINANCE MAI~TNG SUPPLEMENTAL APPROPRIATIONS TO THE TOWN OF VAIL
GENERAL FUND, CAPITAL PROJECTS FUND, HEAVY EQUIPMENT FUND, REAL
ESTATE TRANSFER TAX FUND, AND CONFERENCE CENTER FUND OF THE 2003
BUDGET FOR THE TOWN OF VAIL, COLORADO; AND AUTHORIZING THE
EXPENDITURES OF SAID APPROPRIATIONS AS SET FORTH HEREIN; AND SETTING
FORTH DETAILS IN REGARD THERETO.
WHEREAS, contingencies have arisen during the fiscal year 2003 which could not have been
reasonably foreseen or anticipated by the Town Council at the time it enacted Ordinance No.30,
Series of 2002, adopting the 2003 Budget and Financial Plan for the Town of Vail, Colorado; 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 and budget adjustments 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 and budget adjustments for the
2003 Budget and Financial Plan for the Town of Vail, Colorado, and authorizes the expenditure or
(reduction) of said appropriations as follows:
General Fund $ (3,023)
Capital Projects Fund 5,806,566
Real Estate Transfer Tax Fund (720,050)
Heavy Equipment Fund 13,700
Conference Center Fund 50,000
Total $ 5,147,193
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2. If any part, section, subsection, sentence, clause or phrase of this ordinance is for 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 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 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.
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 repealed.
INTRODUCED, READ, APPROVED, AND ORDERED PUBLISHED ONCE IN FULL
ON FIRST READING this 15th day of April, 2003, and a public hearing shall be held on this
Ordinance on the 6th day of May, 2003, at 7:00 p.m. in the Council Chambers of the Vail Municipal
Building, Vail, Colorado.
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ATTEST:
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Lor~Dona2~dson, Town Clerk
S~T. Ludwig Kur~Mayor
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1
READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED
this 6th day of May, 2003.
ATTEST:
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S~~
Ludwig Kurz,lC~yor
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L ei naldson, Tow~i Clerk