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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 06/20/2000 - SECOND READING OF ORDINANCE NO. 61, 2000, APPROPRI AGENDA ITEM SUMMARY ITEM NUMBER: 8DATE: June 20, 2000 FORT COLLINS CITY COUNCIL STAFF: Randy Hensley SUBJECT: Second 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 Second Reading. 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 Larimer 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. Ordinance No. 61, 2000, which was unanimously adopted on June 6,2000,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. AGENDA ITEM SUMMARY ITEM NUMBER: 12 DATE: June 6, 2000 FOR T COLLINS CI TY COUNCIL Randy Hensley j 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 o CeOrdin ce First Readin 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, ' . p jec a' ng 7,500 will be contributed by public and private entities an "ppropri din o Services Fund. 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 Larimer County Fairgrounds project and private projects promoted by to ytaacts blic and private entities have joined together to fund a pl g stud ident and solutions for the area. The North Front Range Tr ortati d it Council (NFRT&AQPC) is providing coordination and a do e y. ance 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 : ' Opy Larimer County $6 `0 City of Loveland $50, 0" 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 conCe on i om nythManlsportation his Ordinance authorizes the transfer of appropriations froCi Gene d to 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.