HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 03/04/2003 - SECOND READING OF ORDINANCE NO. 025, 2003, APPROPR AGENDA ITEM SUMMARY ITEM NUMBER: 9
DATE: March 4, 2003
FORT COLLINS CITY COUNCIL FROM:
Mike Herzig
SUBJECT:
Second Reading of Ordinance No. 025, 2003, Appropriating Unanticipated Revenue in the
Capital Projects Fund - Downtown Railroad Track Consolidation Project to be Used for
Additional Costs to Install Crossing Warning Devices at the Lincoln Avenue Crossing of the
Union Pacific Railroad Tracks Northeast of Jefferson Street.
RECOMMENDATION:
Staff recommends adoption of the Ordinance on Second Reading
EXECUTIVE SUMMARY:
The City applied for and received Federal ISTEA Funds to pay for 100% of the cost to install the
crossing warning devices. The original Appropriation Ordinance provided $148,844 in Federal
Funds budgeted towards the project into the Railroad Consolidation Project Fund. The
additional $37,000 are also Federal ISTEA Funds to cover the additional costs to cover 100% of
the costs to install the crossing warning devices. This Ordinance, which was unanimously
adopted on First Reading on February 18, 2003, allows for the final payment to the Union
Pacific Railroad for installation of the crossing warning devices at the Lincoln Avenue crossing
of the Union Pacific Railroad tracks northeast of Jefferson Street.
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AGENDA ITEM SUMMARY ITEM NUMBER: 16
FORT COLLINS CITY COUNCIL DATE: February 18, 2003
10 STAFF: Mike Herzig
SUBJECT:
First Reading of Ordinance No. 025, 2003, Appropriating Unanticipated Revenue in the Capital
Projects Fund - Downtown Railroad Track Consolidation Project to be Used for Additional
Costs to Install Crossing Warning Devices at the Lincoln Avenue Crossing of the Union Pacific
Railroad Tracks Northeast of Jefferson Street.
RECOMMENDATION:
Staff recommends adoption o e Ordi oceoPtReadyin
FINANCIAL IMPACT:
Federal "ISTEA" funds will pay for 100% of the additional cost for the new crossing warning
devices. $148,844 in Federal Funds have been budgeted and appropriated into the Railroad
Consolidation Project Fund fo thirst pr 'est, T 's rd' nc will appropriate an additional
$37,000 to cover the addition costs. a tot p op do w' then be $185,844.
EXECUTIVE SUMMARY:
The Agreement with the Colorado Department of Transportation (CDOT), and the Union Pacific
Railroad Company (UPRR), is for installation of crossing warning devices at the Lincoln
Avenue crossing of the Union Pacific Railroad tracks northeast of Jefferson Street. The project
consists of constructing new s' alsO.IS
ro s ty athe crossing.
The City applied for and recei Fe nds to pa for 100% of the cost to install the
crossing warning devices. Theonginalppropnation Ordinance provided $148,844 in Federal
Funds budgeted towards the project into the Railroad Consolidation Project Fund. The
additional $37,000 are also Federal ISTEA Funds to cover the additional costs to cover 100% of
the costs to install the crossing warning devices. This appropriation will allow for the final
payment to the Union Pacific Railroad for installation of the crossing warning devices at the
Lincoln Avenue crossing of the Union Pacific Railroad tracks northeast of Jefferson Street.
No additional City funds are required.
Construction of the improvements has been completed.