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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 11/20/2007 - SECOND READING OF ORDINANCE NO. 118, 2007, BEING T ITEM NUMBER: 23 AGENDA ITEM SUMMARY DATE: November 20, 2007 FORT COLLINS CITY COUNCIL STAFF: Darin Atteberry SUBJECT Second Reading of Ordinance No. 118, 2007,Being the Annual Appropriation Ordinance Relating Fiscal Year 2008 and Adopting the to the Annual Appropriations for the p g Budget for the Fiscal Years Beginning January 1,2008 and Ending December 31,2009,and Fixing the Mill Levy for Fiscal Year 2008. RECOMMENDATION Staff recommends adoption of the Ordinance on Second Reading. FINANCIAL IMPACT This Ordinance represents the annual appropriation for fiscal year 2008, and adopts the total City budget for fiscal year 2008 at $569.7 million and for fiscal year 2009 at $537.3 million. This Ordinance also sets the City mill levy at 9.797 mills, unchanged since 1991, for fiscal year 2008. EXECUTIVE SUMMARY The Annual Appropriation Ordinance is presented for Second Reading. This Ordinance sets the City Budget for the two year period 2008-2009. The Ordinance is based on the City Manager's Recommended Budget,with several additions directed by City Council at its October 9,2009 Work Session. The additional offers total $1,038,916 in one-time General Fund expenditures and $124,148 (2009 costs) in on-going General Fund offers. If approved on Second Reading, these additions to the Recommended Budget would be funded through the use of an additional $477,715 in General Fund Reserves and an increase in revenue from the Sales and Use Tax Vendor Fee of $390,000 per year (on-going.) City Council unanimously adopted the Annual Appropriations Ordinance on First Reading on October 16, 2007. The Ordinance was accepted as published with one addition to provide an appropriation of$65,000 in 2008 for Nighttime Dial-a-Ride Service. This offer will be funded through the use of General Fund reserves. The revised Ordinance adjusts both the General Fund and the Transit Fund to implement this change. These additions use all of the total available funds, including one-time Reserves and on-going Vendor Fee revenue. On November 6, City Council adopted the proposed changes to the Vendor November 20, 2007 -2- Item No. 23 Fee on First Reading, with the Second Reading set to coincide with the Second Reading of the Appropriations Ordinance. Since the October 16 passage of this Ordinance on First Reading, the City has been notified by Latimer County that the City's share of Road and Bridge Levy revenue will be reduced by$560,490 in 2008 and $1,120,980 in 2009. This total revenue loss will equal $1,681,470 over the two year budget period. Staff does not recommend modifying the Appropriation Ordinance at this time,but will plan to update City Council on revenues and 2007 Year End resources in the first quarter 2008. At that time adjustments to the 2008 or 2009 appropriations ma be JY necessary. Another change to the Appropriations Ordinance since First Reading is moving an appropriation from the Natural Area Fund to the Capital Projects Fund to provide funding for a 2008 construction project at Soapstone Prairie. This$2 million transfer will be used for construction of improvements at Soapstone Prairie, including an entrance station, access roads, interpretive features and other public improvements. The $2 million transfer from the Natural Areas Fund will be appropriated in the Capital Projects Fund — Soapstone Prairie Natural Areas Capital Project. Accordingly, Ordinance No, 118, 2007, appropriating the 2008 budget, is increased by$2 million in the Capital Projects Fund on Second Reading to account for the appropriation needed for Soapstone Prairie Improvements. ATTACHMENTS 1. Copy of First Reading Agenda Item Summary- October 16, 2007. ATTACHMENT 1 ITEM NUMBER: 21 AGENDA ITEM SUMMARY DATE: October 16, 2007 FORT COLLINS CITY COUNCIL FF: Darin Atteberry SUBJECT ki First Reading of Ordinance No. 118, 2007, Being the Annual Appropriation Ordinance Relating to the Annual Appropriations for the Fiscal Year 2008 and Adopting the Budget for the Fiscal Years Beginning January 1,2008 and Ending December 31,2009,and Fixing the Mill Levy for Fiscal Year 2008. RECOMMENDATION Staff recommends adoption of the Ordinance on First Reading. FINANCIAL IMPACT This Ordinance represents the ann a appro nation or fisca year 2008, and adopts the total City budget for fiscal year 2008 at $569.6 million and for fiscal year 2009 at $537.3 million. This Ordinance also sets the City mill levy at 9.797 mills, unchanged since 1991, for fiscal year 2008. EXECUTIVE SUMMARY The Annual Appropriation Ordinance is presented for First Reading. This ordinance sets the City Budget for the two year period 2008-2009. The Ordinance is based on the City Manager's Recommended Budget,with several additions directed by City Council at its October 9,2009 Work Session. The additional offers total $1,038,916 in one-time General Fund expenditures and $124,148 (2009 costs) in on-going General Fund offers. If approved on First Reading, these additions to the Recommended Bud et would be funded through the use of an additional $412,715 in General Fund Reserves and in a in e e m e es and Use Tax Vendor Fee of $390,000 per year (on-going.) J These additions use all of the tota availa a fun s, including one-time Reserves and on-going Vendor Fee revenue. BACKGROUND This biennial budget represents the work of many dedicated employees who have come together for the second time to use the Budgeting for Outcomes (BFO) approach to develop this October 16, 2007 -2- Item No. 21 recommendation. Nearly 100 employees were involved in creating a recommended budget which f transparency in the budget t process, clear choices for how to allocate limited builds on the ideas o p y g p , revenues and organizational accountability. These principles are the hallmark of the BFO process. The purpose of utilizing the B app o(stIdentify what's importan the sound financial and service plan to achieve those outcomes; • Allocate dollars based on current priorities and results, not simply increase last year's spending; • Effectively deal with revenue limitations; and • Emphasize accountability, efficiency, innovation and partnerships Using this approach, City Council and staff worked in close collaboration over the past two months to build a financial plan,based on revenue available,that will achieve service outcomes which matter most to our citizens and community. This work has resulted in the development of the Final 2008- 2009 Budget. The approval of the Appropriation Ordinance on First Reading represents a major milestone in this process. The final budget is organized aroun even C cil a roved Result Areas or Outcomes that citizens want and need: \(T Economic Health Fort Collins has a healthy economy reflecting the values of our unique community in a changing world. Environmental Health Fort Collins creates, maintains and promotes a healthy and sustainable environment with an adequate, high quality water supply. Safe Community Fort Collins is a safe place to live, work, learn and play. Neighborhood Livability Fort Collins improves the livability, choices, and affordability of our neighborhoods. Cultural and Recreational Fort Collins provides diverse cultural and recreational Opportunities opportunities that foster physical and mental well-being for communit members. Transportation ort C i i ro e safety and ease of traveling to, om, d oughout e city. High Performing Government Fort Collins is a model for an entrepreneurial, high quality city government. October 16, 2007 -3- Item No. 21 In developing the budget, City Council and staff has continued to use the BFO process because it helps the City achieve a number of goals: • Create clarity in the bud ce • Allocate revenues to h' est p ties t co itizens want and need • Understand the trade-o betwe ervi ded and funded • Emphasize accountabilit , cien on and nerships. Budget Highlights The 2008-09 Final Budget is a financial and service plan linked to the seven key outcomes and results that matter most to our citizens. Some key highlights of the City Budget include: 1. The total budget for all City funds for 2008 is $569.6 million and $537.3 million for 2009. (The total budget is lower in 2009 because of a major one-time expense in 2008 for the Mason Corridor Project.) 2. The budget includes no tax increase. 3. The tax revenue projections for 2008-09 are based on formulas developed and reviewed with City Council in May 2006. Sales and use tax is projected to increase by 2.03%in 2008 and 2.63% in 2009. 4. Minor inflation OrientC'. en aPin d fo everal programs. For example, the Recreation Divisio its et o ted inflationary adjustments to its user fees to reflect incst or oye and supplies. 5. Wastewater rates will increase 12% in 2008 and 11% in 2009. Electric rates are projected to increase 2.3% to 2.7% in response to increases from Platte River Power Authority. 6. The recommended budget includes no reductions in force. Several vacant positions were eliminated as departments worked to develop offers which were lean, efficient and targeted at the services citizens want and need. Budget Assumptions 0 1d �ri . = 11 • ' • o $32 $ 8 - /o $351.5 4.00/ 24. 2 - /o $26.2 9.6°/ $33.0 $105.7 220.3% $58.6 -44.6°/ 377.4 $467.7 23.9% $436.3 -6.70/ 0IlQl.Q0 472.5 $569.6 20.6% $537.3 -5.70/ October 16, 2007 -4- Item No. 21 As the budget development process began in early 2007, City Council and staff met on several occasions to outline goals and assumptions for developing the recommended budget. Council also reviewed the Key Outcomes during the first Council goal setting retreat in April. Some of the key assumptions ed ink lopi t F' 1 tinclude: 1. Limited revenue growt 200 2 The local economy has improved throughout 2007, and staff continues to plan for a limited amount of sales tax revenue growth through 2008 and 2009. 2. Use of reserves With new retail development under construction, staff expects that sales tax revenues will improve significantly in 2010. To bridge the gap between our current sales tax level and an expected improvement in 2010,the recommended budget used limited available reserves to eliminate the need to reduce services in the short-term. Approximately$3 million in General Fund reserves was used to balance the 2008-09 Recommended Budget. In the 2010-11 Budget, the City expects that sales tax revenues will improve as new retailers are open and generating new sales tax re e. S discussed the use of reserves with the City Council at its April 2007 retrea d re e' d C s n t t develop a recommended budget based on this assumpti . At its October 9 Work Session, Council gave staff direction to include an additional amount of resources from General Fund reserves in the appropriation ordinance being considered on First Reading. By using an additional$400,000 in Reserves,the balance in the General Fund Reserve accounts would remain above the recommended level of 60 days Reserve(16.67% of General Fund expenditures. Council further agreed to formally review a General Fund reserve policy at an upcoming work session. 3. Vendor Fee Policy Change The Appropriation Ordinance is based on the assumption that the City will modify its Vendor Fee,thus yielding additional sales tax revenue that can be applied to General Fund purposes. The Vendor Fee is paid to vendors who collect sales and use taxes on behalf of the City. Currently, approximately$700,000 is kept each year by businesses as a vendor fee. Staff proposed that the Vend co r Ykeo o 1%, yielding approximately $390,000 of additional venue ailabl to e l Fund. The proposed vendor fee ld e to $45) of the first $4,500 in tax collected. Vendors would keep approximately$310,000 annually,which would result in the City realizing a greater share of the actual sales and use tax collected. This does not change the sales tax rate that residents pay, but rather recoups a greater amount of it from the vendors who collect the taxes on the City's behalf. Council directed staff to include this revenue increase in the Final Budget Appropriations Ordinance. To implement this change in the Vendor Fee for Collection of Sales Tax, an October 16, 2007 -5- Item No. 21 Ordinance will be presented for First Reading on November 6. Second Reading will be scheduled for November 20 to coincide with the Second Reading and final adoption of the 2008-09 Budget. 4. New facilities must b perate and i d In 2007,three new fa 1 op a Polic ices building,the new Northside Aztlan Community Center, and Spring Canyon Community Park. While the capital funds for these projects were provided through debt financing and voter approved capital programs, the resources to operate and maintain them must be provided through existing General Fund sources. 5. Public Safety needs and environmental issues are funding priorities As initial revenue allocations between the various Budget Outcomes were made, new resources were allocated to these priorities to enhance these services based on feedback provided to staff at the City Council retreat. 6. Employee salary adjustments are planned for in 2008 and 2009 A basic assumption waCad pl ee 1 Yste ts would be funded. As a basic cost of doing business ial to s st increases are funded before making any decisions i a ry s orents. 7. Economic health programs are vital to future revenues Investing in the local economy continues to be a priority for long-term financial stability, so economic health programs are a high priority. As staff developed the recommended budget,one of the messages sent to both our employees and residents is that 2008-09 are not expected to be "rebuilding years." The City saw significant budget cuts in 2006-07,including a large number of layoffs due to slow revenue growth. For 2008-09, the budget is aimed at fine tuning our service level and addressing a limited number of emerging issues and high priority services with neither significant cuts nor enhancements expected. A limited number of enhancements which address the goals outlined above were included in approved offers. Though many appealing service enhancement offers wer lee un ound that they could fund only a limited number, give imrte Adjustment to Recommended get During September and October,2007,City Council and staff met in work sessions to review the City Manager's Recommended Budget in detail. At its October 9 Work Session, Council gave staff general direction to include a number of additional offers in the appropriations ordinance to be considered on First Reading on October 16.(See Offer Descriptions,Attachment 1) These included the following items: October 16, 2007 -6- Item No. 21 _m Ongoing 2008 2009 167.1 HPG SustainableCtyGv en $ 67,151 $ 69,048 TBD Envir. Air Quality $ 20,000 211.2 Neigh Neighborhood Services—Grant Enhancement $ 5,000 $ 5,000 211.3 Neigh Neighborhood Services-Code Enforcement $ 17,500 $ 17,500 213.1 HPG Development Review Center-Innovative Tech $ 12.600 Ongoing Total $ 89,651 $ 124,148 One time 30.4 HPG Network Services-Equipment (Voice over $ 39,974 $ 37,342 IP)** 213.1 HPG Development Review Center-Innovative Tech $ 121,600 203.3 Neigh Enhancemtofoe t $ 100,000 $ 100,000 Program TBD Envir Air Quality Monitoring $ 30,000 126.2 Transp. Transfort Strategic Operating Plan Update $ 100,000 TBD Envir. Hazardous Waste Study $ 50,000 TBD Econ NCEDC Contribution $ 30,000 $ 30,000 203.2 Neigh Partial Restoration of Affordable Housing Fund $ 200,000 $ 200,000 j One time total $ 671,574 $ 367,342 "Note: Offer 30.4 partially funded through Telecommunications Fund In order to fund these desired Cudget itio r ou es y d those included in the 2008-09 City Manager's Recommende ill be q to b ce the Appropriation Ordinance. Council provided staff witht bri f and a osal that includes the use of an additional $400,000 in General Fund Reserves and a change to the Sales and Use Tax Vendor Fee which would result in an additional $390,000 in sales tax revenue. In order to balance the appropriation to these desired purchases, the use of General Fund Reserves was increased slightly beyond the amount directed by Council to total $412,715. The Partial Restoration of Affordable Housing Fund was also adjusted to be $200,000 in each year for a total of $400,000 in funds restored. October 16, 2007 -7- Item No. 21 In total,$1,252,715 in additional offers are included in the Final Budget. Of these offers,$1,038,916 fund one-time expenditures and $124,148 (2009 costs) fund on-going programs. Conclusion The 2008-2009 Final Budget i soon anci 1 to deliv he services we believe our citizens value most. The budgeting proce ena us cos ply the resources available to key community outcomes. Citizens will receive excellent value for their tax dollars. Any final amendments agreed to by Council will be included in the second(and final)reading of the budget ordinances on November 20, 2007. By Charter, the budget must be adopted and appropriations for the 2008 fiscal year must be approved by November 30. ATTACHMENTS 1. Offer Descriptions: Additional Offers to Fund in 2008-09 Final Budget. 2. City Council Offers for Funding Consideration: October 9, 2007 Work Session(Revised) ORDINANCE NO. 118, 2007 OF THE COUNCIL OF THE CITY OF FORT COLLINS BEING THE ANNUAL APPROPRIATION ORDINANCE RELATING TO THE ANNUAL APPROPRIATIONS FOR THE FISCAL YEAR 2008 ; ADOPTING THE BUDGET FOR THE FISCAL YEARS BEGINNING JANUARY 1 , 20081 AND ENDING DECEMBER 31 , 2009 ; AND FIXING THE MILL LEVY FOR FISCAL YEAR 2008 WHEREAS , the City Manager has, prior to the first Monday in September, 2007, submitted to the Council a proposed budget for the next ensuing budget term, along with an explanatory and complete financial plan for each fund of the City, pursuant to the provisions of Article V, Section 2 , of the City Charter; and WHEREAS , within ten days after the filing of said budget estimate, the Council set September 18 and October 2, 2007, as the dates for the public hearings thereon and caused notice of such public hearings to be given by publication pursuant to Article V, Section 3 , of the City Charter; and WHEREAS , the public hearings were held on those dates and persons were given the opportunity to appear and object to any or all items and estimates in the proposed budget; and WHEREAS , Article V, Section 4, of the City Charter requires that, before the last day of November of each fiscal year, the Council adopt the budget for the ensuing term by ordinance and appropriate such sums of money as the Council deems necessary to defray all expenditures of the City during the ensuing fiscal year; and WHEREAS , Article V, Section 5 , of the City Charter provides that the annual appropriation ordinance shall also fix the tax levy upon each dollar of the assessed valuation of all taxable property within the City, such levy representing the amount of taxes for City purposes necessary to provide for payment during the ensuing fiscal year for all properly authorized expenditures to be incurred by the City; and WHEREAS , Article XII, Section 6, of the City Charter permits the City Council to fix, establish, maintain, and provide for the collection of such rates, fees, or charges for water and electricity, and for other utility services furnished by the City as will produce revenues sufficient to pay into the General Fund in lieu of taxes on account of the City-owned utilities such amount as may be established by Council . NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows : Section 1 . Budget a. That the City Council has reviewed the City Manager's 2008-2009 Recommended Budget, a copy of which is on file with the office of the City Clerk, and has approved certain amendments thereto . b. That the City Manager' s 2008-2009 Recommended Budget, as amended by the Council, is hereby adopted, in accordance with the provisions of Article V, Section 4, of the City Charter and incorporated herein by reference; provided, however, that the comparative figures contained in the adopted budget may be subsequently revised as deemed necessary by the City Manager to reflect actual revenues and expenditures for the fiscal year 2007 . C . That the adopted budget, as amended, shall be maintained in the office of the City Clerk and identified as "The Budget for the City of Fort Collins for the Fiscal Years Ending December 31 , 2008 , and December 31 , 2009 , as Adopted by the City Council on November 20, 2007 . " Section 2 . Appropriations . That there is hereby appropriated out of the revenues of the City of Fort Collins, for the fiscal year beginning January 1 , 2008 , and ending December 31 , 2008 , the sum of FIVE HUNDRED .`_' INTY-Nf "-' SEVENTY-ONE MILLION FIVE SEVEN HUNDRED NfNETY TWENTY THOUSAND ONE HUNDRED FIFTY-FIVE DOLLARS ($ 56971 ,3-9720, 155) to be raised by taxation and otherwise, which sum is deemed by the City Council to be necessary to defray all expenditures of the City during said budget year, to be divided and appropriated for the following purposes, to wit: GENERAL FUND S f 0716ft57-4 1071755 ,574 ENTERPRISE FUNDS Golf $29717,381 Light & Power Operating Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90 ,288 ,372 Capital : Service Center Additions 49482,904 Southwest Enclave Annexation 8001000 Substation Improvements 592221621 Wi Fi 50,000 Capital Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 10 , 555 , 525 Total Light & Power . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100, 843 , 897 -2- Storm Drainage Operating Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9, 859 , 110 Capital : Basin Master Planning 901000 Canal Importation Basin 5 ,0009000 Cooper Slough-Boxelder 4009000 Developer Repays 759000 Drainage System Replacement 3659000 Dry Creek Basin 1 ,6009000 Service Center Improvements 815775 Capital Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 , 611 , 775 Total Storm Drainage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 ,470 , 885 Wastewater Operating Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 , 607 , 768 Capital : Collection System Replacement 191101000 Collection System Study 5000 Mulberry WRF Improvements 6115000 Northwest Trunk Sewer Expansion 2009000 Service Center Improvements 69, 571 Sludge Disposal Improvements 15000 Treatment Plant Improvements 7501000 Water Reclamation Replacement Program 317945000 Capital Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 , 073 , 571 Total Wastewater . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3101 , 339 Water Operating Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26,432,962 Capital : Cathodic Protection 501000 Distribution System Replacement 7551000 Halligan Reservoir Expansion 1909000 Master Plan Facilities 75000 Meter Conversion Program 92000 Service Center Improvements 13606 Southwest System Improvements 501000 Treatment Facility Improvements 751000 Water Production Replacement Program 191601000 Water Supply Development 1005000 Capital Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 , 186 , 006 Total Water . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 , 618 , 968 -3 - TOTAL ENTERPRISE FUNDS $ 183 ,332 ,470 INTERNAL SERVICE FUNDS Benefits $201793 ,276 Communications 2938402 Equipment 101906,771 Self Insurance 31352M5 Utility Customer Service & Administration 145464, 156 TOTAL INTERNAL SERVICE FUNDS $ 51 ,901 ,990 SPECIAL REVENUE FUNDS Capital Improvement Expansion Fund $ 45 %981 Capital Leasing Corporation Fund 51726,331 Cemeteries 62904 Cultural Services & Facilities 59008 ,662 Debt Service 19352M38 General Employees' Retirement 21684,342 Natural Areas Fund 91225 ,217 Perpetual Care 70,438 Recreation 71850,915 Sales and Use Tax 789137,453 Street Oversizing 5127% 837 Transit Services i i 1026M76 11 ,09 L076 Transportation Services 28 , 503 , 751 TOTAL SPECIAL REVENUE & DEBT SERVICE FUNDS $� $ 1565019 ,925 CAPITAL IMPROVEMENT FUNDS General City Capital City Bridge Program $ 300M00 Police Facility 674,429 Railroad Crossing Replacement I00 OW Soapstone Prairie Public Improvements 2 ,000 , 000 TOTAL GENERAL CITY CAPITAL $ f 69 $3 ,074,429 1 /4 Cent - Buildins4 on Basics -4- Administration $ 5809 Bicycle Program Plan Implementation 12500 Intersection Improvements and Traffic Signals 21506,052 Library Technology 744,000 North College Avenue Improvements 11063 ,490 Pedestrian Plan and ADA Improvements 300,000 TOTAL 1 /4 CENT - BUILDING ON BASICS $ 49797,431 1 /4 Cent BCC - Streets and Transportation Mason Street Transportation Corridor $ 615508 ,488 TOTAL 1 /4 CENT STREETS AND TRANSPORTATION $ 61 ,508 ,488 Conservation Trust Fund Administration $ 242 ,389 Fossil Creek Trail 5000 Open Space Acquisition 1000 Trail Acquisition, Development & Repair 3501000 Transfer to General Fund-Parks Maintenance 687,496 Tri-City Trails 30,000 TOTAL CONSERVATION TRUST FUND $ 113699885 Neifzhborhood Parkland Fund Administration $ 419 ,963 Cottonwood Glen Park 15000 Golden Meadows Park 17500 Maple Hill Park 15000 New Park Site Acquisition 40000 New Park Site Development 15000 Old Fort Collins Heritage Park 10000 Park Site Equipment 1500 Provincetowne Park 20000 Registry Ridge Park 200,000 TOTAL NEIGHBORHOOD PARKLAND FUND $ 1 ,959,963 TOTAL CITY FUNDS , $5715720, 155 -5 - Section 3 . Mill Levy a. That the 2008 mill levy rate for the taxation upon each dollar of the assessed valuation of all the taxable property within the City of Fort Collins as of December 31 , 2007, shall be 9 . 797 mills, which levy represents the amount of taxes for City purposes necessary to provide for payment during the aforementioned budget year of all properly authorized expenditures to be incurred by the City. b. That the City Clerk shall certify this levy of 9 . 797 mills to the County Assessor and the Board of Commissioners of Larimer County, Colorado, in accordance with the applicable provisions of law, as required by Article V, Section 5 , of the Charter of the City of Fort Collins . Introduced, considered favorably on first reading, and ordered published this 16th day of October, A.D . 2007, and to be presented for final passage on the 20th day of November, A.D . 2007 . Mayor ATTEST : City Clerk Passed and adopted on final reading on the 20th day of November, A.D . 2007 . Mayor ATTEST : City Clerk -6-