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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 08/21/2007 - FIRST READING OF ORDINANCE NO. 085, 2007, APPROPRI ITEM NUMBER: 10 AGENDA ITEM SUMMARY DATE: August 21, 2007 FORT COLLINS CITY COUNCIL STAFF: Mike Herzig SUBJECT First Reading of Ordinance No. 085, 2007, Appropriating Unanticipated Revenue in the Form of Developer Contributions in the Transportation Services Fund for the Purpose of Providing Improvements to the Railroad Crossing on Vine Drive East of Timberline Road. RECOMMENDATION Staff recommends adoption of the Ordinance on First Reading. FINANCIAL IMPACT The developer of Waterglen PUD paid the City$95,000 for its share of costs to improve the Vine Drive railroad crossing east of Timberline Road. These funds need to be appropriated in order for the City to pay the Burlington Northern Santa Fe Railway Company(BNSF) and the City Streets Department for its costs for the crossing improvements. EXECUTIVE SUMMARY When the Water Glen PUD was approved, a condition of that approval was for the developer to improve and widen Vine Drive offsite from its development to Timberline Road. This connection was required in order for the PUD to comply with the City's Adequate Public Facilities requirements. The improvement included widening and improving the Burlington Northern Santa Fe Railway Company(BNSF) railroad crossing. Since the agreements with the BNSF were slow to happen, the developer deposited funds with the City to pay for its anticipated expense. The City has worked with the BNSF to improve the crossing. The $95,000 collected from the developer must now be appropriated to pay for the improvements. Since some of the work will be paid for by the Pavement Management Program, it is proposed that the funds be appropriated into the Pavement Management Program. ORDINANCE NO. 085, 2007 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE FORM OF DEVELOPER CONTRIBUTIONS IN THE TRANSPORTATION SERVICES FUND FOR THE PURPOSE OF PROVIDING IMPROVEMENTS TO THE RAILROAD CROSSING ON VINE DRIVE EAST OF TIMBERLINE ROAD WHEREAS,as a condition of approval of the Water Glen PUD,the developer of said proj ect (the "Developer") paid the City $95,000, which represents the Developer's share of the costs to improve and widen the railroad crossing on Vine Drive, east of Timberline Road; and WHEREAS,the aforementioned funds were paid to the City by the Developer in 2003 to be appropriated and used at such time as improvements to the railroad crossing on Vine Drive were constructed; and WHEREAS,as part of improvements funded by the City's Pavement Management Program this summer,the City did additional paving and shoulder widening work to accommodate pedestrian and bicycle traffic on Vine Drive east of Timberline Road; and WHEREAS, in addition to the aforementioned improvements to Vine Drive, the City contracted with the Burlington Northern Santa Fe Railway Company to improve the railroad crossing on Vine Drive east of Timberline Road and staff proposes using the$95,000 received from the Developer for that project; and WHEREAS,Article V, Section 9,of the Charter of the City of Fort Collins 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,staffhas determined that the appropriation of the$95,000 contribution from the Developer, as described herein,will not cause the total amount appropriated in the Transportation Services Fund to exceed the current estimate of actual and anticipated revenues to be received during the 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 Transportation Services Fund, the sum of NINETY-FIVE THOUSAND DOLLARS ($95,000), representing a contribution from the Developer of the Water Glen PUD to be used to improve the railroad crossing on Vine Drive east of Timberline Road. Introduced, considered favorably on first reading, and ordered published this 21st day of August, A.D. 2007, and to be presented for final passage on the 4th day of September, A.D. 2007. Mayor ATTEST: City Clerk Passed and adopted on final reading on the 4th day of September, A.D. 2007. Mayor ATTEST: City Clerk -2-