HomeMy WebLinkAbout1974-27 3rd Budget Supplemental Appropriation from the Open Space/Capital Improvement Funds from 1974..... ~
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ORDINANCE N0. 27
Series of 1974
AN ORDINANCE MAKING A THIRD SUPPLEMENTAL
APPROPRIATION FROM THE OPEN SPACE/CAPITAL
IMPROVEMENTS FUPdD OF THE 1974 BUDGET AND
FINANCIAL PLAN FOR THE TOW:1 OF VAIL,
COLORADO
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WHEREAS, contingencies hereinafter indicated have
arisen during the fiscal year 1974 which could not have been
reasonably foreseen or anticipated by the Town Council at the
time it enacted Ordinance No. 25, Series of 1973, adopting
the 1974 Budget and Financial Plan for the Town of Vail,
Colorado;
WHEREAS, the Town has previously adopted a Budget
which has not tal~en into consideration the increased revenues
received by the municipality this fiscal year, nor has said
Budget taken into consideration the increased expenditures now
necessary to effectuate certain municipal purposes, programs,
and functions and to adequately provide certain municipal ser-
vices for the Town;
WHEREAS, the Town Manager has certified to the Town
Council that the Town has received revenues in excess of those
estimated in the Budget which are available to discharge the
appropriation referred to herein, not otherwise reflected in
the Budget, in accordance with Section 9.10(a) of the Charter
of the Town of Vail, Colorado; and
WHEREAS, due to said contingencies the Town Council
considers that it should make a supplemental appropriation for
the purpose hereinafter set forth, which will be the third
supplemental appropriation from the Open Space/Capital Improve-
menu Fund of the 1974 Budget;
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL
OF THE TOWN OF VAIL, COLORADO, AS FOLLOWS:
Town rk ,
Depu
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Ord. 27, 1974 Page 2
Section 1. Title.
This ordinance shall be known as the "Ordinance
Making a Third Supplemental Appropriation from Open Space/
Capital Improvements Fund of 1974 Town Budget"
Section 2. Third Supplemental Appropriation from
Open Space/Capital Improvements Fund; Authorization for
Expenditure of Said Appropriation for Purchase of a Wrecker
Truck.
Pursuant to Section 9.10(a) of the Charter of the
Town of Vail, Colorado, the Town Council hereby makes a third
supplemental appropriation in the sum of $8,600.00 from the
Open Space/Capital Improvements Fund of the 1974 Budget and
Financial Plan for the Town, and authorizes the expenditure
of said appropriation by the Town Manager in a reasonable
manner for the purchase of a wrecker truck, to-wit a 1974
Jeep Model J-20 Canfield Wrecker, Serial No. J4A466ZN83500.
Section 3. Effective Date.
This ordinance shall take effect upon the passage
hereof in accordance with Section 9.10(e) of the Charter of
the Town.
Section 4. Amendment to 1974 Annual Appropriation
Ordinance.
Upon its enactment this ordinance shall be an amend-
ment to the 1974 Annual Appropriation Ordinance, Ordinance No.
25, Series of 1973, of the Town of Vail, Colorado, as amended.
INTRODUCED, READ, APPROVED, ENACTED TO TAKE EFFECT
UPON FINAL PASSAGE ON THIS DATE, AND ORDERED PUBLISHED ONCE IN
FULL WITHIN TEN DAYS AFTER PASSAGE OR AS SOON AS POSSIBLE, this
19th day of November, 1974.
ATTEST:
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veputy Town 9Jerk
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Mayor