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HomeMy WebLinkAbout1967 Ordinance No. 03098 Introduced •• a Bill by Councilman Rice. BY AU'l'BORift ORDDIAllCB .:>. 30, 8BRIB8 OP 1967 1111BIBAS, Article X, Part II, Section 102, of the City Charter of th• city of Bn9lewood authorize• City council to eatabli•h Special Pund• for the City, by ordinance, and require• the apecification therein of the aource of receipt• to, and the purpo••• of expenditure from, any auch Special Fund ao created, and . 11BBRBAS, City council ha• determined that it i• neceaaary and appropriate to ••tabliah a Special Pund, to be known •• the "Special Adjuatllent Puftd,• for the object• and purpo••• herein •pacified, .,., w•al'OU, BB rr ORDAillSD BY 'ftlB Cift COUllCIL OP '1'BB Cift OP maL..acJD, COLORADO, •• follow•• J • Sectirn 1. 'lhere i• ••tabli8bed, a• a •pecial fund of the City, th• •spec al Adju•taent Pund." !fttion f · '!here •hall be credited to ••id Special Adjuat- •ent Pund rec• pt• fr• the following 80Urc••• a -All donation• and 9ift• received by th• City to be devoted to a •pecific purpoH, the receipt ,of which wa• not anticipated at th• time of th• adoption of th• annual appropriation ordinance, nor included thereinr b -All fund• received by the city which are to be held for payment or reillbura .. ent to private parti•• or other governmental unit•r :, . .. c -All caah depo•it• made by contractor• or other partie• to 4)Uarant .. the faithful perforaance of any contract or actr d -All inaurance proceed• payable to the City for caaualty lo•H• to city propertyr e -All fund• received in payment of f .. • for licenses or permit•, paid prior to the fiacal year in which they are duer f -Payment• from the General Pwld, or other funda, of the city for reillbur• .. •nt of advance• •ad• frca the Special Adjustment Pundr 9 -All other fund• requiriftCJ adju•taent or creditinq between the City, private partie•, other fund• and account• or other qovern- -ntal unit•, before proper diapo•ition aay be made thereof. srntion 3. Bxpenditure• fraa th• ••id •pecial fund may be for the follow DCJ purpo•••• a -Advance• to official• or .. ployee• of the City for traveling or other expen•••, where the exact lllDOUftt of the expenditure is unknown, providin9 that, upon aacertai•ent of the exact expendi- ture, th• Special Adju•tllent Pund •hall be fully reimbursed there- for by a chH9• 99ain•t th• appropriate fund and account: b -Bxpenditur•• for the accaapli•haent of any purpose of any donation or 9ift d•po•ited in th• Special Adju•tment Fund: c -Reillbura .. ent of any private party or other qovernmental unit, of 110ni•• being held in the aaid Special Adjuatment Fund for that purpo•er d -Payaenta for the repair or replac .. ent of any casualty lo•• to property of the City providing the •aid Special Adjustment Pund ahall be reillburaecl therefor out of any in•urance proceeds therefor, t09ether with a char9e a9ain•t the appropriate fund and account for any exce•• expenditure over •aid proceeds: • -Payment• under any ca•h bond or 9Uarantee to auch fund and account a• may be entitled thereto, and refund of any portion of any bond or 9U•rantee upon which there will be no charge or claiar f -Payaenta to appropriate fund• and account• of all pre- paid f .. • for lic•n••• or perait• received by the aaid Special Ordinance llo. 30, Serie• of 1967 Adju•tment Pund, which payment •hall be .. d• in the fiscal year for which the payment• of aaid f .. • were made. g -Payment• to tho•• private partiea, other fund• and accounts, or other governmental unit•, of aonie• received by the said Special Adju•tment Pund which require• adjustment or credit- ing before a proper diapoaition thereof may be made. Introduced and paaaed on firat readin9 by the City Council of the City of Bnglewood, Colorado and ordered publiahed a• a bill in the Bnglewood Herald and Bnterpriae at it• regular .. etiDCJ on the 20th day of llovellber, A.D., 1967. Pa••ed on final reading by the City Council of the City of Bnglewood, Colorado thia 4th day of Decmlber, 1967 and ordered pub- li•hed in full in the Bnql.wood Herald and Bnterpriae. Mayor Pro t- AftB81'1 Clerk of the .Counci-X