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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 07/18/2000 - SECOND READING OF ORDINANCE NO. 73, 2000, APPROPRI AGENDA ITEM SUMMARY ITEM NUMBER: 8 DATE: July 18, 2000 FORT COLLINS CITY COUNCIL STAFF: Brenda Cams SUBJECT: Second Reading of Ordinance No. 73, 2000, Appropriating Prior Year Reserves in the Capital Expansion Fund for Improvements Relating to the Provision of Library Services. RECOMMENDATION: Staff recommends adoption of the Ordinance on Second Reading. EXECUTIVE SUMMARY: Ordinance No. 73, 2000, which was unanimously adopted on First Reading on June 20, 2000, appropriates prior year reserves for the purchase of books and materials for the library system. AGENDA ITEM SUMMARY ITEM NUMBER: 18 FORT COLLINS CITY COUNCIL DATE: June 20, 2000 STAFF: Brenda Cams SUBJECT: First Reading of Ordinance No. 73, 2000, Appropriating Prior Year Reserves in the Capital Expansion Fund for Improvements Relating to the Provision of Library Services. RECOMMENDATION: Staff recommends adoption of the Ordinance on First Reading FINANCIAL IMPACT: Adoption of this Ordinance will allow the funds that have been received from the Library Capital Improvement Expansion Fee to be approved and spent. Prior year reserves for library expansion fees totaled$1,290,364 through 199 ldts$tofle r '. c it a ropriate$250,000 from library expansion fee prior year rese to pur ) ase bo kS the azy materials for the library. t EXECUTIVE SUMMARY: Council previously authorized certain capital improvement expansion fees,including a fee for library capital improvements. These fees are found in Chapter 7.5,Article II of the City Code. This article provides that the expansion fe on g#te s Y'sn nts identified in the Capital Improvements Plan for library " rvice . e Lib ge capital improvement plan was adopted by Council in 19 and b e part �h rty'snsive Plan. Staff has planned to use a portion of this money to ¢y lioo�ld'ms fry system,and these funds,in the amount of$250,000 are appropriated for this purpose by adoption of the Ordinance. In 1998, $268,000 was appropriated to purchase books and other library materials. BACKGROUND: The Library Capital Improvement Plan simply provides that the capital needs of the Library consist of the need for more books and materials and more space and fumishings. Currently the Library provides 2.5 books per capita and library expenditures are$25 per capita in this year's General Fund Budget,based on a 2000 projected service area population of 137,772. The adopted Library Capital Improvement Plan recommends that the Library strive to provide four books per capita and$36 per capita by 2015. w . �