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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 06/06/2000 - FIRST READING OF ORDINANCE NO. 61, 2000, APPROPRIA AGENDA ITEM SUMMARY ITEM NUMBER: 12 FORT COLLINS CITY COUNCIL DATE: June 6, 2000 STAFF: Randy Hensley SUBJECT: First Reading of Ordinance No. 61, 2000, Appropriating Unanticipated Revenue in the Transportation Services Fund and Authorizing the Transfer of Appropriations to be Used for the Crossroads Transportation Sub-Area Plan. RECOMMENDATION: Staff recommends adoption of the Ordinance on First Reading. FINANCIAL IMPACT: The total cost of providing a Crossroads sub-area plan is $247,500. The General Fund will contribute $10,000 from existing appropriations and $40,000 is already appropriated in the Transportation Services Fund, M.P.O. projects. The remaining $197,500 will be contributed by public and private entities and appropriated in the Transportation Services Fund. 110 EXECUTIVE SUMMARY: The Crossroads sub-area straddles Interstate 25 from U. S. 34 to State Highway 392. Several major developments are planned for this area,including the new Latimer County Fairgrounds project and private projects promoted by McWhinney Enterprises. Several public and private entities have joined together to fund a planning study to identify transportation impacts and solutions for the area. The North Front Range Transportation and Air Quality Planning Council (NFRT&AQPC) is providing coordination and administration for the study. This ordinance appropriates the City of Fort Collins contribution, as well as the unanticipated revenue from the other entities,into a project managed by the NFRT&AQPC. BACKGROUND: The Crossroads sub-area, from U.S. 34 to S.H. 392, is experiencing major development pressures, and both public and private entities have recognized the need for a comprehensive transportation planning effort for this area. The Town of Windsor, City of Loveland, North Front Range Transportation&Air Quality Planning Council, Colorado Department of Transportation(CDOT), City of Fort Collins, and developers and landowners in the sub-area have agreed to fund the study. DATE: June 6, 2000 2 ITEM NUMBER: 12 Desired outcomes for this study include the following: • Evaluation of existing transportation issues in the sub-area. • Identification of future transportation issues associated with continuing development. • Development of an "ultimate" plan of improvements, including modifications of the state highway system and improvements to municipal and county roads and transit systems. • Scenarios for interim or phased improvements to address the impacts of short range development. • Options for financing interim or phased improvements as well as ultimate improvements. • Recommended plan of improvements and implementation plan. This project will be funded as follows: Latimer County $60,000 City of Loveland $50,000 McWhinney Enterprises $50,000 NFRT&AQPC $40,000 CDOT $20,000 City of Fort Collins $10,000 Town of Windsor $10,000 Other private parties $7,500 Total $247,500 The City of Fort Collins contribution is from the General Fund. This Ordinance authorizes the transfer of appropriations from the City's General Fund to the Transportation Services Fund. The NFRT&AQPC contribution has already been appropriated in the 2000 budget, and does not need to be appropriated again,which is why this appropriation is for$197,500 instead of$247,500. The contributions from all the other entities are being appropriated as unanticipated revenue. This action is required since the NRFT&AQPC is administering the project. The NFRT&AQPC uses the City's accounting system for its financial transactions under a contractual agreement between the NFRT&AQPC and the City. ORDINANCE NO. 61, 2000 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE TRANSPORTATION SERVICES FUND AND AUTHORIZING THE TRANSFER OF APPROPRIATIONS TO BE USED FOR THE CROSSROADS TRANSPORTATION SUB-AREA PLAN WHEREAS,the Crossroads sub-area,along Interstate 25 from U.S.Highway 34 to S.H.392, is experiencing major development pressures; and WHEREAS, major developments planned for this area include the new Larimer County Fairgrounds as well as private projects promoted by McWhinney Enterprises; and WHEREAS, several public and private entities, including Larimer County, the City of Loveland, McWhinney Enterprises, North Front Range Transportation & Air Quality Planning Council,Colorado Department of Transportation,the City of Fort Collins,the Town of Windsor and other private parties, have recognized the need for a comprehensive transportation planning study (the "Study") for this area; and WHEREAS, components of the Study would include: evaluation of existing transportation issues in the sub-area; identification of future transportation issues associated with continuing development; development of a plan of improvements; scenarios to address impacts of short range development; and options for financing improvements; and WHEREAS,the cost of the Study,to be managed by the North Front Range Transportation & Air Quality Planning Council, is $247,500; and WHEREAS, the following entities have been identified as funding sources for the Study: Larimer County 60,000 City of Loveland 50,000 McWhinney Enterprises 50,000 North Front Range Transportation&Air Quality Planning Council (Existing City of Fort Collins M.P.O. Appropriations) 40,000 Colorado Department of Transportation (CDOT) 20,000 City of Fort Collins - General Fund Existing Appropriations 10,000 Town of Windsor 10,000 Other Private Entities 7,500 Total $ 247,500 and WHEREAS, Article V, Section 9, of the Charter of the City of Fort Collins(the"Charter") 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,Article V,Section 10,of the Charter authorizes the City Council to transfer by ordinance any unexpended and unencumbered 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; and WHEREAS, it is the desire of the Council to appropriate the sum of one hundred ninety- seven thousand five hundred dollars($197,500)from unanticipated revenue from various public and private entities and authorize the transfer of ten thousand dollars($10,000)from the City's General Fund to the Transportation Services Fund to be used with forty thousand dollars ($40,000) from existing Transportation Services Fund appropriations for the Study. NOW,THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That there is hereby appropriated for expenditure from unanticipated revenue in the Transportation Services Fund, Crossroads Transportation Sub-Area Plan project,the sum of ONE HUNDRED NINETY-SEVEN THOUSAND FIVE HUNDRED DOLLARS($197,500)from the following sources: Larimer County $ 60,000 City of Loveland 50,000 McWhinney Enterprises 50,000 Colorado Department of Transportation 20,000 Town of Windsor 10,000 Other Private Entities 7,500 Total $ 197,500 to be used for a comprehensive study of the Crossroads sub-area. Section 2. That the unexpended appropriated amount of TEN THOUSAND DOLLARS ($10,000) is hereby authorized for transfer from the General Fund to the Transportation Services Fund,Crossroads Transportation Sub-Area Plan project,to be used for a comprehensive study of the Crossroads sub-area. I . Introduced and considered favorably on first reading and ordered published this 6th day of June, A.D. 2000, and to be presented for final passage on the 20th day of June, A.D. 2000. Mayor ATTEST: City Clerk Passed and adopted on final reading this 20th day of June, A.D. 2000. Mayor ATTEST: City Clerk i