HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 04/16/2002 - SECOND READING OF ORDINANCE NO. 051, 2002, APPROPR AGENDA ITEM SUMMARY ITEM NUMBER: 10
DATE: April 16, 2002
FORT COLLINS CITY COUNCIL FROM: Matt Baker
SUBJECT:
Second Reading of Ordinance No. 051, 2002, Appropriating Prior Year Reserves in the Street
Ove rsizing Fund and Authorizing the Transfer of Appropriations Between Projects in the Capital
Projects Fund for the Construction of Improvements to Fossil Creek Parkway.
RECOMMENDATION:
Staff recommends adoption of the Ordinance on Second Reading .
EXECUTIVE SUMMARY:
This Ordinance, which was unanimously adopted on First Reading on April 2, 2002, transfers
exisling appropriations in the Capital Projects Fund from the Kechter Road Project into the Fossil
Creek Parkway Improvements Project. The developers' offsite contribution will also be
appropriated from the Street Oversizing Contribution in Aid account for use on the project.
AGENDA ITEM SUMMARY ITEM NUMBER: 15
FORT COLLINS CITY COUNCIL DATE: April 2, 2002
STAFF:
Matt Baker
SUBJECT:
First Reading of Ordinance No. 051, 2002, Appropriating Prior Year Reserves in the Street
Over sizing Fund and Authorizing the Transfer of Appropriations Between Projects in the Capital
Projects Fund for the Construction of Improvements to Fossil Creek Parkway.
RECOMME14DATION:
CID IL �r
Staff recommends adoption o CeOrdi ce o i t Reading
FINANCIAL IMPACT:
This project will be constructed using existing appropriations from project savings and a cash
contribution in aid from the adjacent development.
Contribution in Aid(Str G]PY 1.60
Transfer of Appropria ns fr80Total Project Cost 1.40
EXECUTIVE; SUMMARY:
Fossil Creek Parkway is an important collector street in this southeast area of the City. The portion
of roadway from College Avenue to Mail Creek Lane was on 'nall constructed with the County
development of Fossil CreekCtheevelopers
ent u 'n n is development completed the
connection to Fossil Creek P
As part of the off-site impacts were required to increase the structural strength of the
existing county street with a planned overlay. Staff is taking advantage of the planned construction
to upgrade this section of roadway to City standards. New curbs and gutters will be installed to
provide edge protection for the asphalt pavement and to collect roadway run-off. A sidewalk will
be constructed on the north side and Fossil Creek Trail will be constructed along the south side to
accommodate pedestrian movements. The existing medians will be preserved and the roadway will
be rebuilt and sized for both automobile and bike lanes.
These improvements are desirable because of the new development in the area,including a new City
Park. In addition, these upgrades will provide facilities and increase safety for students travelling
to the: existing Weiner Elementary School.
2002
DATE: April ITEM NUMBER: 15
The project will be entirely funded through the developer's contribution and the Street Oversizing
Program. Because this segment of roadway was originally constructed in the County,funding was
not immediately available or budgeted in the Street Oversizing Program. However the program has
realized significant cost savings in the construction of its last few projects and will be able to fund
the construction through existing appropriations.
This Ordinance transfers existing appropriations in the Capital Projects Fund from the Kechter Road
Project into the Fossil Creek Parkway Improvements Project. The developers' offsite contribution
will also be appropriated from the Street Oversizing Contribution in Aid account for use on the
project.