HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 03/02/1999 - SECOND READING OF ORDINANCE NO. 22, 1999, APPROPRI AGENDA ITEM SUMMARY ITEM NUMBER: 9
DATE: March 2, 1999
FORT COLLINS CITY COUNCIL STAFF
• Bob Smith
SUBJECT:
Second Reading of Ordinance No.22, 1999,Appropriating Unanticipated Revenue and Authorizing
the Transfer of Appropriations Between the Storm Drainage Fund Dry Creek Improvements Project
and the Storm Drainage Fund Colorado Water Conservation Board Grant.
RECOMMENDATION:
Staff recommends adoption of the Ordinance on Second Reading.
EXECUTIVE SUMMARY: !
This Ordinance, which was unanimously adopted on First Reading on February 16, 1999,
appropriates a$52,689 grant from the Colorado Water Conservation Board(CWCB). The grant will
be used for engineering services for the joint project with Larimer County on the Dry Creek Flood
Diversion Project.
AGENDA ITEM SUMMARY ITEM NUMBER: I
DATE: February 16, 1999
FORT COLLINS CITY COUNCIL
STAFF: Bob Smith
SUBJECT:
First Reading of Ordinance No. 22, 1999, Appropriating Unanticipated Revenue and Authorizing
the Transfer of Appropriations Between the Storm Drainage Fund Dry Creek Improvements Project
and the Storm Drainage Fund Colorado Water Conservation Board Grant.
RECOMMENDATION: j
Staff recommends adoption o e Ordi-' ce At Reading
FINANCIAL IMPACT:
This Ordinance appropriates a grant in the amount of $52,689 from the Colorado Water
Conservation Board to be used for engineering services for the design of the Dry Creek Flood
Diversion Project. Matching for thuggcatii7Ii iwetrredfrom existing appropriations in
the Stormwater Fund in the unt of J7,561
EXECUTIVE SUMMARY:
This Ordinance will appropriate a $52,689 grant from the Colorado Water Conservation Board
(CWCB). The grant will be used for engineering services for the joint project with Larimer County
on the Dry Creek Flood Diver ' roject �'�StafF e r funds from the CWCB to assist in
designing the project. Recen staff leaned tlt t2ln t been awarded. In order to utilize
the grant, the City must first e` nd the Funds for the'project at then be reimbursed. Without the
grant, funds would have been from die-Dry Creek ProjecP udget.
An Intergovernmental Agreement (IGA) with Larimer County entitled "Intergovernmental
Agreement for Stormwater Cooperation"provides for the City and Larimer County to share equally
in the costs to form a Local Improvement District(LID)to intercept flood flows north of the city and
divert those flows to the Poudre River west of College Avenue. This diversion would eliminate
existing flood hazards in the area, and eliminate the necessity for floodplain regulations since the
floodplain would be eliminated from the area and contained in the diversion.
The County will take the lead in the formation of the LID. After formation,the LID will reimburse
both the City and the County for the Dry Creek improvements. The funds from the grant and from
the County will be used to determine accurate estimates for the costs of the improvements. These
costs will then be used to calculate assessments for the properties in the Dry Creek floodplain. The
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DATE: !« !99 ! ITEM NUMBER:
property assessments will ultimately finance the uo after wBformed and will reimburse both the
City and County for monies each has expended in the formation of the uE The County aplanning
m presenting the LID m the Dry Creek&odp1ain voters at the November !@9election.
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