HomeMy WebLinkAbout1979-50 Annual Appropriations Ordinance: Adopting a Budget and Financial Plan and Making Appropriations to Pay the Costs, Expenses, and Liabilities of the Town of Vail for 1980~~ ~ ~ ~ • ~
ORDINANCE NO. 50
Series of 1979
ANNUAL APPROPRIATION ORDINANCE:
ADOPTING A BUDGET AND FINANCIAL
PLAN AND MAKING APPROPRIATIONS
TO PAY THE COSTS, EXPENSES, AND
LIABILITIES OF THE TOWN OF VAIL,
COLORADO, FOR ITS FISCAL YEAR
JANUARY 1, 1980, THROUGH DECEMBER
31, 1980.
WHEREAS, in accordance with Article IX of the Charter
of the Town of Vail, Colorado, the Town Manager prepared
and submitted to the Town Council a proposed long-range
capital program for the Town and a proposed budget and
financial plan for all Town funds and activities for the
1980 fiscal year;
WHEREAS, notice of the public hearing on the proposed
Town budget and capital program was published on the 9th,
16th, and 23rd day of November, 1979, more than seven days
prior to the hearing held on the 4th day of December, 1979,
pursuant to Section 9.5 of the Charter; and
NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OF
THE TOWN OF VAIL, COLORADO, THAT:
(1) The procedures prescribed in Article IX of the
Charter of the Town of Vail, Colorado, for the enactment
hereof have been fulfilled.
(2) Pursuant to Article IX of the Charter, the Town
Council hereby makes the following annual appropriation for
the Town of Vail, Colorado, for its fiscal year beginning
on the 1st day of January, 1980, and ending on the 31st day
of December, 1980:
/, ~ • .
Ordinance No. 50 Page 2
$3,308,400
General Fund
Open Space/Capital Improvements fund 2,254,000
Recreation Amentities Fund 80,000
Transportation Center Operating Fund 389,700
Dobson Arena Operating Fund 200,000
Recreation Program Operating Fund 250,500
Federal Revenue Sharing Fund 55,000
Federal Anti-Recession Fund -0-
Heavy Equipment Service Fund 511,800
Youth Center Grant 46,094
Lift Grant Fund 165,820
Ford Park Agency Fund -0-
Special Parking Assessment Fund 4,600
Overpass Construction Fund 9,000
Debt Service Fund 1,041,000
Total `8,315,914
Less: Intergovernmental
Transfers 1,738,700
Total Budget x;6,577,214
(3) The Town Council hereby adopts the full and complete
Budget and Financial Plan for the 1980 fiscal year for the Town
of Vail, Colorado, and the Long-Range Capital Program (1980)
for the Town, which are incorporated by reference herein and
made parts hereof, and copies of said public records shall be
made available to the public in the Municipal Building of the
Town.
(4) This Ordinance shall take effect five days after
publication following the final passage hereof.
INTRODUCED, READ ON FIRST READING, APPROVED, AND ORDERED
PUBLISHED ONCE IN FULL, this 4th day of December, 1979, and a
public hearing on this ordinance shall be held at the regular
meeting of the Town Council of the Town of Vail, Colorado, on
the 18th day of December, 1979, at 7:30 P.M. in the Municipal
Building of the Town.
f .
• ,~ ~
Ordinance No. 50 Page 3
_~
Ma~To r 1 ~
ATTEST:
/ ,
Toni e rk
INTRODUCED ON SECOND READING, READ, APPRJ~O\VED AND ORDERED
day of ~.1-~~~- 19 7 9 .
PUBLISHED BY TITLE ONLY this ,~~
~ ,~~ r
Mayor f ~`
ATTEST:
T lerk
.f
. ~