HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 03/04/2003 - SECOND READING OF ORDINANCE NO. 026, 2003, APPROPR AGENDA ITEM SUMMARY ITEM NUMBER: 10
FORT COLLINS CITY COUNCIL DATE: March 4, 2003lip FROM•
Mike Herzig
SUBJECT:
Second Reading of Ordinance No. 026, 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 Linden Street 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 $154,000 in Federal
Funds budgeted towards the project into the Railroad Consolidation Project Fund. The additional
$13,000 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, allowed for the final payment to the Union Pacific Railroad for
installation of the crossing warning devices at the Linden Street crossing of the Union Pacific
Railroad tracks northeast of Jefferson Street.
AGENDA ITEM SUMMARY ITEM NUMBER: 17
FORT COLLINS CITY COUNCIL DATE: February 18, 2003
110 STAFF:
Mike Herzig
SUBJECT:
First Reading of Ordinance No. 026, 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 Linden Street Crossing of the Union Pacific Railroad
Tracks Northeast of Jefferson Street.
RECOMMENDATION:
Staff recommends adoption o CeOrdi0i PtReay
FINANCIAL IMPACT:
Federal "ISTEA" funds will pay for 100% of the additional cost for the new crossing warning
devices. $154,000 in Federal Funds have been budgeted and appropriated into the Railroad
Consolidation Project Fund for this p jiLr*T0ytifJw,
ce ill appropriate an additional $13,000
to cover the additional costs. a tot th b $167,000.
EXECUTIVE SUMMARY:
The Agreement with the Colorado Department of Transportation (CDOT), and the Union Pacific
Railroad Company (UPRR), is for installation of crossin warnin devices at the Linden Street
crossing of the Union Pacific roa tr s n hfunds
Je, rs Street. The project consists of
constructing new signals and tes to i rove e cr mg.
The City applied for and receive ederal A to pay or 100% of the cost to install the
crossing warning devices. The original Appropriation Ordinance provided $154,000 in Federal
Funds budgeted towards the project into the Railroad Consolidation Project Fund. The additional
$13,000 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 Linden Street crossing
of the Union Pacific Railroad tracks northeast of Jefferson Street. No additional City funds are
required.
Construction of the improvements has been completed.