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HomeMy WebLinkAbout05779ORDINANCE NO. 5 7 7 9 AN ORDINANCE AMENDING 'k.2 1992 1-41R, *rk� It USE TAX CAP= IBUWM9= N• T O BE USED WITHIN THE 11 THE PUEBID M EMOR IAL A3 RPORT WHEREAS, the City of Pueblo, Colorado has enacted Ordinance No. 5668, providing for a one -half cent sales tax rate increase for a five year period, pledging the revenue therefrom for captial improvement purposes within the city and Pueblo Memorial Airport; and WHEREAS, the anticipated revenues from this 1992 tax is two million six hundred thirty two thousand one hundred forty three dollars (2,632,143) for the year 1992; now therefore, BE IT ORDAINED BY THE CITY COUNCIL OF PUEBID, COLORADO, that: SECTION 1 The following budget for the year 1992 is hereby amended and the following appropriation for expeditures of anticipated revenues is hereby (a) Anticipated Revenues: 1992 Sales Tax $ 2,632,143 Total Revenue $2,632,143 (b) Qual Med $ 800,000 Plattville Road 345,114 Atlas Pacific 152,991 Professional services 25,000 Land Acquisition 346,000 Projects to be determined 963,038 Total Expenditures $2,632,143 SECTION 2 All projects not specifically budgeted for by this ordinance shall be funded out of "Projects to be detenui.ne& account by resolution approved by City Council for such projects. INTRODUCED October 26, , 1992 BY SAM CORSENTINO Councilman /Iresident of Council City Clerk