HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 09/05/2000 - SECOND READING OF ORDINANCE NO. 93, 2000, APPROPRI AGENDA ITEM SUMMARY ITEM NUMBER: 7
FORT COLLINS CITY COUNCIL DATE: September 5, 2000STAFF:
Thomas L. Frazier
SUBJECT:
Second Reading of Ordinance No. 93, 2000, Appropriating Unanticipated Revenue in the Transit
Services Fund for Transfer to the Capital Projects Fund Transit Center Capital Project.
RECOMMENDATION:
Staff recommends adoption of the Ordinance on Second Reading.
EXECUTIVE SUMMARY:
On June 20, 2000, Council adopted Ordinance No. 78, 2000, authorizing the transfer of
$1,698,400 from the Transit Services Fund to the Capital Projects Fund for the completion of the
Downtown Transit Center. Ordinance No. 93, 2000, which was unanimously adopted on First
Reading on August 15, 2000, appropriates the remaining funds for the transit project.
AGENDA ITEM SUMMARY ITEM NUMBER: 12
FORT COLLINS CITY COUNCIL DATE: August 15, 2000
STAFF: Thomas L. Frazier
SUBJECT:
First Reading of Ordinance No. 93, 2000, Appropriating Unanticipated Revenue in the Transit
Services Fund for Transfer to the Capital Projects Fund Transit Center Capital Project.
RECOMMENDATION:
IL
Staff recommends adoption o he Ordi nce o i eading
FINANCIAL IMPACT:
The federal funds ($1,398,400) are to be used for the final design and construction of the
Downtown Transit Center. These funds will be combined with $953,800 from the Capital
Projects Fund and $300,000C
e an ' pl the design and construction
phase for this facility. The to COPY
t' bu is $2,652,200.
EXECUTIVE SUMMARY:
On June 20, 2000, Council adopted Ordinance No. 78, 2000, authorizing the transfer of
$1,698,400 from the Transit Services Fund to the Capital Projects Fund for the completion of the
Downtown Transit Center. e0n130,00 f the federal funds has been appropriated, and this
Ordinance appropriates the 39 , 0 f p d federal funds for the transit
project. The project is sch ) be ptem 2000; (2) start construction in
November 2000; and (3) be p do J e 2001.