HomeMy WebLinkAbout1999- 2 Making Supplemental Appropriations from the Town of Vail General Fund, Booth Creek Debt Service Fund, and Others of the 1999 Budget and Financial Plan; and Authorizing the Expenditures of Said Appropriations as Set Forth Herein.~ r
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ORDINANCE NO. 2
SERIES OF 1999
AN ORDINANCE MAKING SUPPLEMENTAL APPROPRIATIONS FROM THE TOWN
OF VAIL GENERAL FUND, BOOTH CREEK DEBT SERVICE FUND, HEAVY
EQUIPMENT FUND, HOUSING FUND, CAPITAL PROJECTS FUND, REAL ESTATE
TRANSFER TAX FUND OF THE 1999 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 1999 which
could not have been reasonably foreseen or anticipated by the Town Council at the
time it enacted Ordinance No. 17, Series of 1998, adopting the 1999 Budget and
Financial Plan for the Town of Vail, Colorado; and,
WHEREAS, the Town has received certain revenues not budgeted for
previously; and,
WHEREAS, the Town Manager has certi#"zed 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 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 supplemental
appropriations for the 1999 Budget and Financial Plan for the Town of Vail,
Colorado, and authorizes the expenditure of said appropriations as follows:
FUND AMOUNT
General Fund $ 85,056
Booth Creek Debt Service Fund 58,000
Heavy Equipment Fund 29,158
Housing Fund 2,600,724
Capital Projects Fund 1,123,$22
Real Estate Transfer Tax Fund 493,850
$4,390,610
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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 Cade 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 2nd day of March, 1999, and a public hearing
shall be held on this Ordinance an the 16th day of March~,,,1999, at 7:00 p.m, in
the Council Chambers of the Vail Municipal Building, J,~T~I,
l~abert E. Ford, Mayor
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Lorelei Donaldson, Town Clerk =:
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READ AND APPROVED ON SECOND READING AND ORDE D PUBLISHED
this 16th day of March, 1999. ~ ~
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Robert E. Ford, Mayor
ATTEST:
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Lorelei ~onaldson, Town Clerk
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