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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 04/04/2000 - SECOND READING OF ORDINANCE NO. 26, 2000, APPROPRI AGENDA ITEM SUMMARY ITEM NUMBER: DATE: April 4, 2000 FORT COLLINS CITY COUNCIL STAFF: Jill Stilwell SUBJECT: Second Reading of Ordinance No.26,2000,Appropriating Prior Year Reserves in the General Fund and Unanticipated Revenue in the Cultural Services and Facilities Fund for the Franz-Smith Cabin Relocation Project. RECOMMENDATION: Staff recommends adoption of the Ordinance on Second Reading. EXECUTIVE SUMMARY: Ordinance No. 26, 2000. which was unanimously adopted on First Reading on March 21, 2000, appropriates funds needed for the relocation of the Franz-Smith Cabin. AGENDA ITEM SUMMARY ITEM NUMBER: 11 DATE: March 21, 2000 • FORT COLLINS CITY COUNCIL STAFF: Jill Stilwell SUBJECT: First Reading of Ordinance No. 26, 2000,Appropriating Prior Year Reserves in the General Fund and Unanticipated Revenue in the Cultural Services and Facilities Fund for the Franz-Smith Cabin Relocation Project. RECOMMENDATION: Staff recommends adoption ofsthe Ordinance on First Reading.', EXECUTIVE SUMMARY: In October of 1999, a small homestead cabin,the Franz-Smith Cabin,came to the attention of staff at the Fort Collins Museum as a significant structure of Fort Collins' past that is in danger of being lost. The circa 1882 Franz Smith Cabm represents 76yeazs of agricultural tradition in the southern communities of Fort Collins a cabir(istood adjacei" SoutlAhields near Harmony Road until . it was displaced in 1987 with lkdeveI6pment,of ainew subdi�ion at that location. The Larimer County Historic Alliance (LCkkfielocaied"the aa"C to Livermore in an attempt to save it from demolition,but the LCHA's dream of an architectural park was never realized. The cabin currently sits on blocks behind the Forks Restaurant on Colorado Department ofTransportation(CDOT)land, where it can no longer sta-,. Museum staff, ixith the support of the Cultural Resources Board and the informal advisory group of citizens with which Museum staff has consulted. determined the cabin would be an appropriate addition to the Museum's Courtyard. To fund the move,the Don and May Wilkins Charitable Trust, a local private estate trust. pledged421.000, o the-m-gseutn conti9gent upon the Cit}''s providing or obtaining matching funds o an kind ontributions totaling`$2$00. The Museum has met this condition by raising matchingds as fllows: $7,008 contribUtzd by the Downtown Development Authority; $7.000 from approphated'fInkin the'General Fund; and $7.000 in-kind from local businesses and organizations. The donated funds have been received and placed in an interest bearing account in the General Fund, and the interest earned since receipt is $370 for a total of donated funds to be appropriated of$21,370. The Museum is requesting City Council appropriate the $35,370 towards this relocation project. Because $7,000 of the matching contribution will be from in-kind contributions, it is not necessary to appropriate funds for that portion of the project.