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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 03/02/2021 - SECOND READING OF ORDINANCE NO. 029, 2021, APPROPR Agenda Item 2 Item # 2 Page 1 AGENDA ITEM SUMMARY March 2, 2021 City Council STAFF Nina Bodenhamer, City Give Director Ingrid Decker, Legal SUBJECT Second Reading of Ordinance No. 029, 2021, Appropriating Unanticipated Philanthropic Revenue in the General Fund Received by City Give for Transfer to the Parks Department for Upgrades to Water’s Way Park. EXECUTIVE SUMMARY This Ordinance, unanimously adopted on First Reading on February 16, 2021, appropriates $6,105 in philanthropic revenue in the General Fund and authorizes a transfer to the Parks Department for amenity upgrades to Water’s Way Park as designated by the donors, friends and family of Willy Mergenthaler. STAFF RECOMMENDATION Staff recommends adoption of the Ordinance on Second Reading. ATTACHMENTS 1. First Reading Agenda Item Summary, February 16, 2021 (w/o attachments) (PDF) 2. Ordinance No. 029, 2021 (PDF) Agenda Item 5 Item # 5 Page 1 AGENDA ITEM SUMMARY February 16, 2021 City Council STAFF Nina Bodenhamer, City Give Director Ingrid Decker, Legal SUBJECT First Reading of Ordinance No. 029, 2021, Appropriating Unanticipated Philanthropic Revenue in the General Fund Received by City Give for Transfer to the Parks Department for Upgrades to Water’s Way Park. EXECUTIVE SUMMARY The purpose of this item is to appropriate $6,105 in philanthropic revenue in the General Fund and authorizing a transfer to the Parks Department for amenity upgrades to Water’s Way Park as designated by the donors, friends and family of Willy Mergenthaler. STAFF RECOMMENDATION Staff recommends adoption of the Ordinance on First Reading. BACKGROUND / DISCUSSION The purpose of this item is to appropriate $6,105 in the General Fund City Give Reserves account to be used, as designated by the donors, to enrich existing park amenities in Water’s Way Park, 715 Fairbourne Way, in south central Fort Collins, including expanded seating and enhanced landscaping. The charitable gift, awarded to the City, is the accumulative generosity of community fundraising facilitated by friends and family of Willy Mergenthaler. The City Manager recommends the appropriation described herein and determined that this appropriation is available and previously unappropriated from the General Fund and will not cause the total amount appropriated in the General Fund to exceed the current estimate of actual and anticipated revenues to be received in the General Fund during this fiscal year. He is also recommending the transfer described herein and has determined that the purpose for which the transferred funds are to be expended remains unchanged. CITY FINANCIAL IMPACTS This Ordinance will appropriate $6,105 of philanthropic revenue. The park enhancements will not exceed the philanthropic revenue, and therefore do not trigger the requirement to appropriate one percent for Art in Public Places. The revenue is being appropriated from the General Fund City Give Reserves account for transfer to the Parks Department in the General Fund. The funds have been received and accepted per City Give Administrative and Financial Policy. PUBLIC OUTREACH The total philanthropic revenue is the product of 112 generous charitable contributions made by residents of Fort Collins and non-residents, all friends and family of William Mergenthaler. ATTACHMENT 1 -1- ORDINANCE NO. 029, 2021 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED PHILANTHROPIC REVENUE IN THE GENERAL FUND RECEIVED BY CITY GIVE FOR TRANSFER TO THE PARKS DEPARTMENT FOR UPGRADES TO WATER’S WAY PARK WHEREAS, the City is the owner of property located at 715 Fairbourne Way in south central Fort Collins known as Water’s Way Park (the “Park”); and WHEREAS, the friends and family of Willy Mergenthaler, who passed away in October 2020 at the age of 20, have raised funds to be spent on enhancing the amenities at the Park, which was a favorite hangout of Willy’s; and WHEREAS, Park improvements are expected to include expanded seating and enhanced landscaping; and WHEREAS, these improvements will not exceed the philanthropic revenue of $6,105, and therefore do not trigger the requirement to appropriate one percent for Art in Public Places; and WHEREAS, this appropriation benefits public health, safety and welfare of the citizens of Fort Collins and serves the public purpose of improving a public park for the benefit of the community; and WHEREAS, Article V, Section 9, of the City Charter permits the City Council to make supplemental appropriations by ordinance at any time during the fiscal year, provided that the total amount of such supplemental appropriations, in combination with all previous appropriations for that fiscal year, does not exceed the current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS, the City Manager has recommended the appropriation described herein and determined that these appropriations are available and previously unappropriated from the General Fund and will not cause the total amount appropriated General Fund to exceed the current estimate of actual and anticipated revenues to be received in these funds during this fiscal year; and WHEREAS, Article V, Section 10, of the City Charter authorizes the City Council to transfer by ordinance any unexpended and unencumbered appropriated amount or portion thereof from one fund or capital project account to another fund or capital project account, provided that the purpose for which the transferred funds are to be expended remains unchanged; and WHEREAS, the City Manager has recommended the transfer described herein and determined that the purpose for which the transferred funds are to be expended remains unchanged. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: -2- Section 1. That the City Council hereby makes and adopts the determinations and findings contained in the recitals set forth above. Section 2. That there is hereby appropriated from unanticipated philanthropic revenue in the General Fund City Give Reserves the sum of SIX THOUSAND ONE HUNDRED AND FIVE DOLLARS ($6,105) for transfer to the Parks Department in the General Fund and appropriated therein for Water’s Way Park. Introduced, considered favorably on first reading, and ordered published this 16th day of February, A.D. 2021, and to be presented for final passage on the 2nd day of March, A.D. 2021. __________________________________ Mayor ATTEST: _______________________________ City Clerk Passed and adopted on final reading on the 2nd day of March, A.D. 2021. __________________________________ Mayor ATTEST: _______________________________ City Clerk