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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 08/04/2021 - SECOND READING OF ORDINANCE NO. 094, 2021, APPROPR Agenda Item 4 Item # 4 Page 1 AGENDA ITEM SUMMARY August 4, 2021 City Council STAFF Brad Buckman, Manager, Civil Engineering Dan Woodward, Civil Engineer I Claire Havelda, Legal SUBJECT Second Reading of Ordinance No. 094, 2021, Appropriating Prior Year Reser ves and Authorizing Transfers of Appropriations for the Drake and College Intersection Improvements Project and Related Art in Public Places. EXECUTIVE SUMMARY This Ordinance, unanimously adopted on First Reading, July 20, 2021, appropriates $498,900 in Transportation Capital Expansion Fee (TCEF) Fund reserves and $1,100 in Transportation Services Fund reserves to begin design and coordination on the Drake and College intersection (the “Intersection”) improvements. This work must be done to run concurrent ly with several active developments within the Urban Renewal Authority (URA) plan area that are in the vicinity of the Intersection. In addition, this item will authorize the transfer of $5,000, one percent of the appropriated funds, from the Capital Proje ct Fund to the Cultural Services and Facilities Fund for Art in Public Places (APP). STAFF RECOMMENDATION Staff recommends adoption of the Ordinance on Second Reading. ATTACHMENTS 1. First Reading Agenda Item Summary, July 20, 2021 (w/o attachments) (PDF) 2. Ordinance No. 094, 2021 (PDF) Agenda Item 10 Item # 10 Page 1 AGENDA ITEM SUMMARY July 20, 2021 City Council STAFF Brad Buckman, Manager, Civil Engineering Dan Woodward, Civil Engineer I Claire Havelda, Legal SUBJECT First Reading of Ordinance No. 094, 2021, Appropriating Prior Year Reserves and Authorizing Transfers of Appropriations for the Drake and College Intersection Improvements Project and Related Art in Public Places. EXECUTIVE SUMMARY The purpose of this item is to appropriate $498,900 in Transportation Capital Expansion Fee (TCEF) Fund reserves and $1,100 in Transportation Services Fund reserves to begin design and coordination on the Drake and College intersection (the “Intersection”) improvements. This work must be done to run concurrently with several active developments within the Urban Renewal Authority (URA) plan area that are in the vicinity of the Intersection. In addition, this item will authorize the transfer of $5,000, one percent of the appropriated funds, from the Capital Project Fund to the Cultural Services and Facilities Fund for Art in Public Places (APP). STAFF RECOMMENDATION Staff recommends adoption of the Ordinance on First Reading BACKGROUND / DISCUSSION The state highway Intersection of Drake and College is a critical arterial-arterial intersection in midtown Fort Collins that presents safety concerns and congestion issues. The Urban Renewal Authority (“URA”) area recently adopted a plan that included several public improvements in the intersection vicinity that focus on intersection improvements for pedestrians, bicyclists, and vehicles. (Attachment 1) There have been several active developments, both nearby and directly adjacent to the intersection, proposed recently. To effectively coordinate improvements to the intersection with the URA improvements, the City needs to begin conceptual and preliminary engineering and design. The City collects transportation impact fees from new developments and redevelopment, which can increase capacity of the transportation network. These Transportation Capital Improvement Fees (“TCEF”) help support capital projects which increase vehicular, multimodal, and transit capacity. Appropriation of TCEF funds to coordinate intersection improvements with proposed URA improvements will cause cohesive design and streamline a transition to full project funding. The project goals follow the intent of TCEF funds. This work will be done under City standards and approved and/or adopted plans, such as the Midtown in Motion Plan. This appropriation would only begin the design process and help to identify opportunities for cost savings, funding, right of way needs, project constraints, and other items needed to understand the project area. Early involvement by the City will enhance flexibility in design and capture development momentum. Per Chapter 23 of the City Code, Article XII (addressing Art in Public Places), Section 23-304, all appropriations for construction projects estimated to cost over $250,000 shall include an amount equal to one percent of the ATTACHMENT 1 Agenda Item 10 Item # 10 Page 2 estimated cost for works of art. As such, the total APP contribution to be appropriated with this action, and transferred to the Cultural Services and Facilities Fund, is $5,000. This will consist of $3,900 of TCEF reserves and $1,100 of Transportation Services Fund reserves. The Transportation Services Fund reserves are needed to satisfy the Operations and Maintenance (O&M) portion of the APP contribution (22%), as TCEF funds are restricted and cannot be utilized for O&M; however, TCEF funds are allowed to be used to satisfy the artwork portion of the contribution (78%). CITY FINANCIAL IMPACTS This appropriation would initiate the project. The funding anticipated for conceptual design, right-of-way assessment, and other items to develop the project scope to be appropriated with this Council action is summarized below: Funds to be Appropriated with this Action Transportation Capital Expansion Fee (TCEF) Fund Reserves (Transferred to Capital Projects Fund) $498,900 Transportation Services Fund Reserves (Transferred to Capital Projects Fund) $1,100 Total $500,000 Transfer to Cultural Services and Facilities Fund (APP Contribution) $5,000 Additional funding will be identified for future phases of the project. BOARD / COMMISSION RECOMMENDATION Staff presented to the Council Finance Committee on June 16, 2021. (Attachment 2) PUBLIC OUTREACH Staff met with URA representatives and will continue to coordinate and meet with residents, property owners, and other stakeholders through the remainder of design and before and during construction. ATTACHMENTS 1. URA Map - College and Drake Intersection (PDF) 2. Council Finance Committee Minutes (draft) (PDF) -1- ORDINANCE NO. 094, 2021 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES AND AUTHORIZING TRANSFERS OF APPROPRIATIONS FOR THE DRAKE AND COLLEGE INTERSECTION IMPROVEMENTS PROJECT AND RELATED ART IN PUBLIC PLACES WHEREAS, the state highway intersection of Drake and College is a critical arterial- arterial intersection (the “Intersection”) in midtown Fort Collins that presents safety concerns and congestion issues; and WHEREAS, the Urban Renewal Authority (“URA”) recently adopted a plan that included several public improvements in the vicinity of the Intersection that focus on intersection improvements for pedestrians, bicyclists, and vehicles; and WHEREAS, there are several URA development improvements in the vicinity of the Intersection that the City wishes to coordinate with and therefore needs to begin conceptual and preliminary engineering designs to keep pace with the implementation of the URA improvements; and WHEREAS, the City collects impact fees from new developments and redevelopments which can be used to increase capacity of the transportation network; these Transportation Capitol Expansion Fees (“TCEF”) can help support capital projects which increase vehicular, multimodal and transit capacity; and WHEREAS, appropriation of the TCEF funds for Intersection improvements to coordinate with the URA improvements creates a cohesive design and streamlines the project funding; and WHEREAS, the appropriation will begin the design process and help identify opportunities for cost savings, funding, right-of-way needs, project constraints and other items needed to anticipate the needs of the Intersection area; and WHEREAS, this appropriation benefits the public health, safety and welfare of the residents of Fort Collins and serves the public purpose of improving the overall Intersection safety for bicyclist, pedestrians, and vehicles; and WHEREAS, Article V, Section 9 of the City Charter permits the City Council, upon the recommendation of the City Manager, to appropriate by ordinance at any time during the fiscal year such funds for expenditure as may be available from reserves accumulated in prior years, notwithstanding that such reserves were not previously appropriated; and WHEREAS, the City Manager has recommended the appropriation described herein and determined that these appropriations are available and previously unappropriated from the Transportation Capital Expansion Fee Fund and the Transportation Services Fund, as applicable, and will not cause the total amount appropriated in the Transportation Capital Expansion Fee Fund or the Transportation Services Fund, as applicable, to exceed the current estimate of actual and anticipated revenues and all other funds to be received in these Funds during this fiscal year; and -2- WHEREAS, Article V, Section 10 of the City Charter authorizes the City Council, upon recommendation by the City Manager, to transfer by ordinance any unexpended and unencumbered appropriated amount or portion thereof from one fund or capital project to another fund or capital project, provided that the purpose for which the transferred funds are to be expended remains unchanged, the purpose for which the funds were initially appropriated no longer exists, or the proposed transfer is from a fund or capital project in which the amount appropriated exceeds the amount needed to accomplish the purpose specified in the appropriation ordinance; and WHEREAS, the City Manager has recommended the transfer of $5,000 from the Capital Projects Fund to the Cultural Services and Facilities Fund 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: 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 prior year reserves in the Transportation Capital Expansion Fee Fund the sum of FOUR HUNDRED NINETY-EIGHT THOUSAND NINE HUNDRED DOLLARS ($498,900) for expenditure from the Transportation Capital Expansion Fee Fund for transfer to the Capital Projects Fund for the Drake and College Intersection Improvements Project and appropriated therein. Section 3. That there is hereby appropriated from prior year reserves in the Transportation Services Fund the sum of ONE THOUSAND ONE HUNDRED DOLLARS ($1,100) for expenditure from the Transportation Services Fund for transfer to the Capital Projects Fund for the Drake and College Intersection Improvements Project and appropriated therein. Section 5. That the unexpended and unencumbered appropriated amount of THREE THOUSAND NINE HUNDRED DOLLARS ($3,900) in the Capital Projects Fund is hereby authorized for transfer to the Cultural Services and Facilities Fund and appropriated therein for the Art in Public Places Program art projects. Section 6. That the unexpended and unencumbered appropriated amount of ONE THOUSAND DOLLARS ($1,000) in the Capital Projects Fund is authorized for transfer to the Cultural Services and Facilities Fund and appropriated therein for the Art in Public Places Program operation costs. Section 7. That the unexpended and unencumbered appropriated amount of ONE HUNDRED DOLLARS ($100) in the Capital Projects Fund is authorized for transfer to the Cultural Services and Facilities Fund and appropriated therein for the Art in Public Places Program maintenance costs. -3- Introduced, considered favorably on first reading, and ordered published this 20th day of July, A.D. 2021, and to be presented for final passage on the 4th day of August, A.D. 2021. __________________________________ Mayor ATTEST: _______________________________ Interim City Clerk Passed and adopted on final reading on the 4th day of August, A.D. 2021. __________________________________ Mayor ATTEST: _______________________________ Interim City Clerk