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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 10/20/2009 - FIRST READING OF ORDINANCE NO. 101, 2009, APPROPRI ITEM NUMBER: , 11 AGENDA ITEM SUMMARY DATE: October 20, 2009 FORT COLLINS CITY COUNCIL STAFF: Cheryl Donaldson SUBJECT First Reading of Ordinance No. 101, 2009, Appropriating Unanticipated Revenue in the Cultural Services Fund to be Used for the Construction of the New Museum/Discovery Science Center Joint Facility. RECOMMENDATION Staff recommends adoption of the Ordinance on First Reading. EXECUTIVE SUMMARY The City received a donation of$88,966 from the Isabelle (Judy) Arnold Trust designated for the Fort Collins Museum. This Ordinance appropriates that donation in the Building on Basics(BOB) Fort Collins Museum/Discovery Science Center Joint Facility Project. BACKGROUND On September 1,2009,the Museum received written notice that it had been designated as beneficiary of the Isabelle (Judy)Arnold Trust totaling$88,966. Ms. Arnold was a volunteer and friend of the Museum for many years. There is no better way to honor her past and present contributions to the Museum than in support of the future of the institution. The Museum'is requesting that Council appropriate the$88,966 into the Building on Basics(BOB) project for use in the New Museum Facility Project. l ORDINANCE NO. 101, 2009 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND FOR THE FORT COLLINS MUSEUM/DISCOVERY SCIENCE CENTER PROJECT WHEREAS, Ms. Isabelle (Judy) Arnold was a volunteer and friend of the Fort Collins Museum for many years; and WHEREAS,on September 1,2009,the City was notified that the Isabelle(Judy)Arnold Trust had designated the Fort Collins Museum as a beneficiary of its Trust and would receive a disbursement of$88,966; and WHEREAS,to honor Ms.Arnold's past and present contributions to the Fort Collins Museum the City Council wishes to appropriate these funds for the Fort Collins Museum/Discovery Science Center Project; and . WHEREAS, Article V, Section 9, of the City 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 current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS, City staff has determined that the appropriation of the revenue as described herein will not cause the total amount appropriated in the Capital Projects Fund to exceed the current estimate of actual and anticipated revenues to be received in that fund during any fiscal year. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure from unanticipated revenue in the Capital Projects Fund the sum of EIGHTY-EIGHT THOUSAND NINE HUNDRED SIXTY-SIX DOLLARS ($88,966) to be used for the Building on Basics - Fort Collins Museum/Discover Science Center Project. Introduced, considered favorably on first reading, and ordered published this 20th day of October, A.D. 2009, and to be presented for final passage on the 3rd day of November, A.D. 2009. Mayor ATTEST: City Clerk Passed and adopted on final reading on the 3rd day of November, A.D. 2009. Mayor ATTEST: City Clerk