HomeMy WebLinkAbout7280RESOLUTION NO. 7280
A RESOLUTION RESERVING ONE PERCENT OF THE
CITY OF PUEBLO'S 1993 FISCAL YEAR SPENDING
AS AN EMERGENCY RESERVE
WHEREAS, Article X, Section 20(5) of the Colorado
Constitution requires the City of Pueblo to reserve for
1993 1% or more of its fiscal year spending excluding
bonded debt services to be used for declared emergencies
only, and
WHEREAS, the City of Pueblo's 1993 fiscal year
spending excluded bonded debt services is $44,790,051; NOW,
THEREFORE,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
PUEBLO, that:
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There is hereby reserved for 1993 the sum of
$447,901 designated as an emergency reserve to be used for
declared emergencies only.
INTRODUCED December 27
, 1993
BY SAMUEL CORSENTINO
Councilperson
APPROVED.
Pres dent of the City Council
ATTEST:
City Clerk