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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 03/04/2008 - SECOND READING OF ORDINANCE NO. 015, 2008, APPROPR ITEM NUMBER: 7 AGENDA ITEM SUMMARY DATE: March 4, 2008 FORT COLLINS CITY COUNCIL STAFF: Dean Klingner SUBJECT Second Reading of Ordinance No. 015,2008,Appropriating Unanticipated Revenue in the Capital Projects Fund-Building on Basics-Intersection Improvements and Traffic Signals Capital Project for the Design and Construction of Improvements to the Harmony Road and College Avenue Intersection. RECOMMENDATION Staff recommends adoption of this Ordinance on Second Reading. EXECUTIVE SUMMARY This Ordinance,unanimously adopted on First Reading on February 19,2008,appropriates state and federal funds that are designated for the design, right-of-way acquisition and construction of improvements for the Harmony Road and College Avenue intersection. ATTACHMENTS 1. Copy of First Reading Agenda Item Summary- February 19, 2008. (w/o original attachments) ATTACHMENT 1 ITEM NUMBER: 15 A-B AGENDA ITEM SUMMARY DATE: February 19, 2008 FORT COLLINS CITY COUNCIL gAFF: Dean Klingner SUBJECT - Items Relating to the Harmony Road and College Avenue Intersection Improvements Project. RECOMMENDATION Staff recommends adoption of the Ordinance on First Reading and adoption of the Resolution. FINANCIAL IMPACT The Harmony Road and Colle Av to et n p ve ants Project will be funded by a combination of Building on B ics 1/4 nt sal ds, eral funds, and State of Colorado funds. In 2007, CDOT awarded the City$1,200,000 in Federal funds and $220,000 in State funds for the Harmony and College Intersection Improvements Project. Required Local Agency Matching funds ($249,450)are available in the Intersection Improvement Projects portion of the Building on Basics 1/4-cent sales tax. The following table summarizes the project budget: a. Federal Funds Participating82.79%of Costs $1,200,000 b. Local Match (17.21%of Participating Costs $ 249,450 C. State Funds 100% - Contribution $ 220,000 TOTAL BUDGETED FUNDS $1 669 450 EXECUTIVE SUMMARY JL A. Resolution 2008-012 Authorizing the Mayor to Enter into an Agreement with the Colorado Department of Transportation for the Design and Construction of the Harmony Road and College Avenue Intersection Improvements. B. First Reading of Ordinance No. 015, 2008, Appropriating Unanticipated Revenue in the Capital Projects Fund-Building on Basics-Intersection Improvements and Traffic Signals February 19, 2008 -2- Item No. 15 A-B Capital Project for the Design and Construction of Improvements to the Harmony Road and College Avenue Intersection. This Resolution will enable th to nt the Colorado Department of Transportation (CDOT)to rec a State d Fe r s ' ated for the design, right-of-way acquisition and construction imp/ro men f the H ony Road and College Avenue intersection. The Ordinance app dates e d ceived Xthi. Project. BACKGROUND Harmony Road and College Avenue is one of the highest volume intersections in the City. The intersection currently operates at a Level of Service D (50 seconds average delay)and is forecast to be Level of Service F (95 seconds average delay) in 20 years. It is constrained on all four corners by existing development, but incremental improvements will reduce delay, improve the pavement surface, and provide better facilities for bicycles and pedestrians. During the design portion of the project, analysis of the intersection will include evaluating a wide range of potential improvements. A preferred alternative will be selected based on criteria including cost, congestion reduction, safeCs2i ov Yi2 asibility. Staffplans to begin the enginee ork r Pro8 with right-of--way acquisition starting early in 2009. The coon s ul 1 dhe alternative selected and on right-of-way acquisition. It is currently anticipated that construction will begin in 2010. The duration of the construction will be determined once the specifics of the improvements have been finalized. ATTACHMENTS I. Project Vicinity Map ORDINANCE NO. 015, 2008 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND - BUILDING ON BASICS - INTERSECTION IMPROVEMENTS AND TRAFFIC SIGNALS CAPITAL PROJECT FOR THE DESIGN AND CONSTRUCTION OF IMPROVEMENTS TO THE HARMONY ROAD AND COLLEGE AVENUE INTERSECTION WHEREAS, the intersection of College Avenue and Harmony Road is one of the highest volume intersections in the City, constrained on all four comers by existing development; and WHEREAS, the aforementioned intersection currently operates at a Level of Service D (50 seconds average delay) and is forecast to be Level of Service F (95 seconds average delay) within 20 years; and WHEREAS, design and construction improvements at the intersection of Harmony Road and College Avenue (the "Project"), will reduce traffic delays, improve the pavement surface, and provide safer facilities for bicycles and pedestrians; and WHEREAS, design work on the Project will begin in 2008 with right-of-way acquisition starting in 2009, and construction in 2010; and WHEREAS,the Colorado Department of Transportation("CDOT")administers the federal Congestion Mitigation and Air Quality Improvement ("CMAQ") grant program, a program that supports local transportation projects that improve ambient air qual ity and attainment or maintenance of compliance with the air quality standards of the federal Clean Air Act; and WHEREAS, CDOT has awarded the City a CMAQ grant for the design, right-of-way acquisition and construction of improvements of the Project; and WHEREAS,the CMAQ grant is for$1,200,000 in addition to$220,000 in State of Colorado funds; and WHEREAS, as part of receiving the grant, the City is required to provide local matching funds, totaling $249,450; and WHEREAS, staff recommends using existing appropriations in the Capital Projects Fund- Building on Basics - Intersection Improvements and Traffic Signals capital project to fund the required local match; and WHEREAS, the City Council adopted Resolution 2008-012, on February 19, 2008, authorizing the Mayor to enter into an intergovernmental agreement with CDOT for the receipt of CMAQ funds to be used for the design and construction of improvements to the Project; and WHEREAS,Article V, Section 9,of the Charter of the City of Fort Collins 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, City staff has determined that the appropriation of the CMAQ grant funds ($1,200,000), administered through the Colorado Department of Transportation,and funding from the State of Colorado($220,000),will not cause the total amount appropriated in the Capital Projects Fund-Building on Basics-Intersection Improvements and Traffic Signals capital project to exceed the current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS, it is the desire of the Council to appropriate the sum of$1,200,000 in grant funds and$220,000 in funds from the State of Colorado, in the Capital Projects Fund-Building on Basics - Intersection Improvements and Traffic Signals capital project to be used to with existing appropriations, totaling$249,450, for design and construction of improvements to the Project. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure from unanticipated revenue in the Capital Projects Fund-Building on Basics-Intersection Improvements and Traffic Signals capital project the sum of ONE MILLION FOUR HUNDRED TWENTY THOUSAND DOLLARS ($1,420,000) from the following sources: Colorado Department of Transportation Congestion Mitigation and Air Quality Improvement funds $ 1,200,000 State of Colorado funds 220.000 Total $ 1,420,000 to be used to with existing appropriations, totaling $249,450, for design and construction of improvements to the Harmony Road and College Avenue intersection. Introduced, considered favorably on first reading, and ordered published this 19th day of February, A.D. 2008, and to be presented for final passage on t th day of March, A.D. 008. Mayor ATTEST: City Clerk -2- Passed and adopted on final reading on the 4th day of March, A.D. 2008. Mayor ATTEST: City Clerk -3-