Loading...
HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 09/19/2000 - FIRST READING OF ORDINANCE NO. 127, 2000, APPROPRI AGENDA ITEM SUMMARY ITEM NUMBER: 20 FORT COLLINS CITY COUNCIL DATE: September 19, 2000 STAFF: Mike Herzig SUBJECT: First Reading of Ordinance No. 127, 2000, Appropriating Unanticipated Revenue in the Capital Projects Fund Downtown Railroad Track Consolidation Capital Project to be Used for Improvements Associated with Phase III of the Railroad Consolidation Project. RECOMMENDATION: Staff recommends adoption of the Ordinance on First Reading. FINANCIAL IMPACT: The State has approved the funds for up to $500,000 for its share of the improvements for the Railroad Consolidation project. A federal grant had already been approved and accepted by the City for installing new signals at the Union Pacific Crossings of Linden Street and Lincoln Avenue. These additional funds will be sufficient to pay for the remaining design and construction of improvements remaining for the project, except for funds that would be matching funds for the federal grants. Adoption of the Ordinance will allow for the City to pay expenses and receive reimbursement from the State. The funds will be appropriated in the Railroad Consolidation account for tracking purposes. EXECUTIVE SUMMARY: This Ordinance is necessary to authorize the acceptance of the $500,000 in State funds to be used for the relocation and improvement of various railroad tracks, upgrade the crossings of the Union Pacific tracks at Linden Street and Lincoln Avenue, and implement the design and construction of various street improvements related to the crossing improvements. k d The work, which was originally scheduled for this summer, was delayed in order to complete agreements with the State for the acceptance of these funds. The funds could only be used to reimburse for work done after the agreement is fully executed. The work will likely be 4 completed next spring. 6 i f s a • ORDINANCE NO. 127, 2000 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND DOWNTOWN RAILROAD TRACK CONSOLIDATION CAPITAL PROJECT TO BE USED FOR IMPROVEMENTS ASSOCIATED WITH PHASE III OF THE RAILROAD CONSOLIDATION PROJECT WHEREAS, in 1992,the City of Fort Collins,the Burlington Northern Railroad, the Union Pacific Railroad and the Colorado Department of Transportation partnered to develop a railroad track consolidation plan which would improve train operations and eliminate a majority of tracks in the downtown area and reduce delays to motorists,traffic construction, air pollution, and improve the safety of City streets; and WHEREAS, since 1992, a total of $1,800,000 has been appropriated for the railroad consolidation project(the "Project"); and WHEREAS,the City has been awarded a$500,000 grant from the Colorado Department of Transportation to be used for design and construction of Phase III of the Project, including upgrading the crossings, relocating and reconstructing track, and designing and constructing street improvements related to the crossings at Linden Street and Lincoln Avenue; and WHEREAS, no City matching funds are required; 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 then 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 $500,000 in unanticipated revenue in the Capital Projects Fund Downtown Railroad Track Consolidation project to be used for the design and construction of Phase III improvements to the railroad tracks and railroad crossings at Linden Street and Lincoln Avenue. 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 Downtown Railroad Track Consolidation Project, the sum of FIVE HUNDRED THOUSAND DOLLARS ($500,000), from a grant from the Colorado Department of Transportation,to be used for the design and construction of Phase III improvements to the railroad crossings at Linden Street and Lincoln Avenue. Introduced and considered favorably on first reading and ordered published this 19th day of September, A.D. 2000,and to be presented for final passage on the 3rd day of October,A.D. 2000. Mayor Pro Tem ATTEST: City Clerk Passed and adopted on final reading this 3rd day of October, A.D. 2000. Mayor ATTEST: City Clerk \ Project Location Ll • rn =T1 w J N Vicinity Map 9-11-00 N Wailroad Consolidation Phase III Not to Scale