HomeMy WebLinkAbout2009-08 2nd Budget Supplemental 2009
ORDINANCE NO. 8
SERIES OF 2009
AN ORDINANCE MAKING BUDGET ADJUSTMENTS TO THE TOWN OF VAIL GENERAL
FUND, CAPITAL PROJECTS FUND, REAL ESTATE TRANSFER TAX FUND, DISPATCH
SERVICES FUND, AND DEBT SERVICE FUND OF THE 2009 BUDGET FOR THE TOWN
OF VAIL, COLORADO; AND AUTHORIZING THE SAID ADJUSTMENTS AS SET FORTH
HEREIN; AND SETTING FORTH DETAILS IN REGARD THERETO.
WHEREAS, contingencies have arisen during the fiscal year 2009 which could not have
been reasonably foreseen or anticipated by the Town Council at the time it enacted Ordinance No.
25, Series of 2008, adopting the 2009 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 budget adjustments 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 budget adjustments for the 2009 Budget and Financial Plan for
the Town of Vail, Colorado, and authorizes the following budget adjustments:
Revised for 2"d reading
General Fund $ 22,734 $ 22,734
Capital Projects Fund 6,041,328 4,139,036
Real Estate Transfer Tax Fund -4,887,597 2,972,108
Dispatch Services Fund 69,750 69,750
Debt Service Fund 13.970 13,970
Total $19,235,289 $ 7,217,598
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.
Ordinance No. 8, Series of 2009
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 priorto 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 extent 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 21 st day of April, 2009, and a public hearing shall be held on this Ordinance
on the 5th day of May, 2009, at the regular meeting of the Town Council of the Town of Vail,
Colorado, in the Municipal Building of the town.
N ~
ick Cleveland, ayor
ATTEST: S~j
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4iDonaldson,
%Town Clerk ~ ~RADO READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED IN FULL this 5th
day of May, 2009.
Dick Cleveland, ay(:r
ATTEST:
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rel i Donaldson, Town Clerk
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Ordinance No. 8, Series of 2009 C) 4
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