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HomeMy WebLinkAbout1972 Ordinance No. 022I 11 .&en"'aa"-..~ISD AS A BU.L BY COUllCU-.. DllOlllTY BY Aura>JllTY OIDillMCB 11>. 22 , DltDS 01' 1972 All OmDIUCB BPBALDG SBCl'IC.S 1 All> 2, CMPl'D 5, TITLE XIII, OP THE '69 B ••• C. CI081119 '1'llB 'SPBCIAL ADJU8'l'llDl'f l'WID' IBO '1'HB GERBRAL PUND Mm tan& ftmD C1lt 'l'llB CITY. •BaBAS, the nece .. ity for the Special Adjuat.ent Fund no longer exists; and mBlmU, it la the belief of the Pinance Department and a• reccwnded by Van Schooneveld, Sbefberd and Co., Accaanting/Operating Study, January, 1972, that cloain9 the Special Adjustment !'and into the General Pund and the llater Pund would blprove the Accounting System; BB 1"1' O..naa> BY '1'llB CITY OOtMCIL OP THE CI'l'Y C1lt DGLBllOOO, COIDRADO as follows: Section 1. '!bat 13-5-1 and 13-5-2 of the '69 B.•.c. are hereby expressly repealed. 13-5-1 a.pealed 13-5-2 a.pealed Section 2. All •••ta and liabilitie• of th• Special Adjuatment Pund shall become the aa•ta and liabilities of the General Pund except tboM account• entitled "Due from McBrocm Ditda" aD4 "Due fa. BrcND Ditch" and a like UIOUDt affecting the ca•• account, which shall beca•• the aueta and U.abilitiH of th• llater Pund. SectiGD 3. 'lb• actions a• •t forth in thi• resolution •ball be considered to have beemna effectiw a• of January l, 1972. IntEOduced, read in full and pa•aed on first rMding the 5th day of June, 1972. Publiabed a• a Bill for an Ordinance on the 8th day of June, 1972. -d by title and pa••d on final reading on the 19th day of June , 1972. Publiaed by title a• Ordinance Ho. 22 , Seri•• of 1972 on the 22nd day of June , 1972. llayor Atteata z, Karl P. Hollenberger, do hereby certify that the above and foregoing is a true, accurate and cmplete copy of an Or:c!inance, pa••d on final r:•ding and published by title as Ordinance llo. 22 , Serie• of 1972. ~"'"~~ ex officio City Clerk~reasurer