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HomeMy WebLinkAbout1994-16 Making Supplemental Appropriations from the Town of Vail General Fund, Real Estate Transfer Tax Fund, and Capital Projects Fund of the 1994 Budget and Financial Plan; And Authorizing the Expenditures of Said Appropriations~` µ ~ s ~ ORDINANCE NO. 16 SERIES OF 1994 AN ORDINANCE MAKING SUPPLEMENTAL APPROPRIATIONS FROM THE TOWN OF VAIL GENERAL FUND, REAL ESTATE TRANSFER TAX FUND, AND CAPITAL PROJECTS FUND OF THE 1994 BUDGET AND THE FINANCIAL PLAN 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 1994 which could not have been reasonably foreseen or anticipated by the Town Council at the time it enacted Ordinance No. 26, Series of 1993, adopting the 1994 Budget and Financial Plan #or the Town of Vail, Colorado; and, WHEREAS, the Town has received certain revenues not t~udgeted for previously; and, WHEREAS, the Town Manager has certi#ied to the Town Gouncif 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 as set forth herein. NOW, THEREFORE, BE IT ORDAINED, BY THE TOWN COUNCIL. OF THE TOWN OF VAIL, COLORADO tha#: 1. Pursuant to Section 9.10(a) of the Charter of the Town of Vail, Colorado, the Town Council hereby makes the following supplemental appropriations for the 1994 Budget and Financial Plan for the Town of Vaif, Colorado, and authorizes the expenditure of said appropriations as follows: FUND AMOUNT General Fund $ 703,909 Capital Projects Fund 1,872,000 Real Estate Transfer Tax Fund 1,872,000 4,447,OOq 2. if any part, section, subsection, sentence, clause or phrase of this ordinance is for any reason held to be invalid, such decision steal! not affect the validity of the remaining portions j of this ordinance; and the Town Council hereby declares it would have passed this ordinance, and i each part, section, subsection, sentence, clause or phrase thereof, regardless of the fact that any one or more parts, sections, subsections, sen#ences, clauses or phrases be declared invalid. 3. The Town Counci! hereby finds, determines, and declares that this ordinance is necessary and proper for the health, safety, and welfare of the Town of Vai! and the inhabitants thereof. 4. The repeat or the repeal and reenactment of any provision of the Municipal Code of the Town of Vail as provided in this ordinance shop 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 ar repealed and reenacted. The repeal of any provision hereby shall not revive any provision or any ordinance previously repeated or superseded unless expressly stated herein. 1 Ordinance No, 16, Series o4 1994 ~x ~ _ ~ a ~ 5. Ail bylaws, orders, resolutions, and ordinances, ar parts thereof, inconsistent herewith are repealed to the extend only of such inconsis#ency. This repealer shall not be construed to revise any bylaw, order, resolution, ar ordinance, or part thereof, theretofore repealed. INTRODUCED, READ, APPROVED, AND ORDERED PURL#SHED ONCE IN FULL ON FIRST READING this 3rd day of August, 1994, and a public hearing steal! be held on this Ordinance an the 16th day of August, 1994, at 7:3a p.m. in the Council Chambers of the Vail Munlcipai Building, Vail, Colorado. ATTEST: GfDLIC~ 0~ 7n~' ~1,(.f ~~t 0~'X~ Holly L. McCuthceon, Town Clerk ~ F _r l~- Margar A. sterfoss, Mayor READ AND APPROVED ON SECOND BEADING AND ORDERE© PUBLISHED in full this Ito Y-~t, day of ~ll4Ll5~ , i 994. ATTEST: Holly L. McCutcheon, Tawn Clerk Ci0RD94.16 / ~ ',~-~. Marrei A. 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