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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 04/02/2002 - FIRST READING OF ORDINANCE NO. 049, 2002, AUTHORIZ AGENDA ITEM SUMMARY ITEM NUMBER: 13 FORT COLLINS CITY COUNCIL DATE: April 2, 2002 STAFF: Dave Agee SUBJECT: First: Reading of Ordinance No. 049, 2002, Authorizing the Transfer of Existing Appropriations Between Projects in the Storm Drainage Fund. RECOMMENDATION: Staff recommends adoption of the Ordinance on First Reading. FINANCIAL. IMPACT: This Ordinance authorizes the transfer of existing appropriations in the amount of$300,000. lip EXECUTIVE SUMMARY: Staff is in the process of a comprehensive study to revise the City's Storm Drainage Basin Master Plans for the various storm drainage basins. Problem identification and the recommended plan of storm drainage improvements are expected to be completed by the end of 2002 with consideration by Council in 2003. This is an accelerated schedule since the development of the 2002 Budget. The accelerated schedule will ensure that the information is available on a timely basis for floodplain administration, financial planning, capital projects administration, and development review. In the 2002 Budget, Council approved appropriations of $605,000 for the Master Planning Project. It has since been determined that an additional $300,000 is needed in 2002 in order to complete the Master Plan revisions within the above timeframe. Staff has identified existing appropriations which can be transferred to the Master Planning Project for the purpose described above. The purpose for which the original appropriations were le needed does not currently exist. The transfer will have no effect on the projected 2002 ending balance of the Storm Drainage Fund. DATE: pn 2 ITEM NUMBER: 13 The following transfer is being recommended: FROM: Foothills Basin Project ( $300,000) TO: Basin Master Plans Project $300,000 The transfer to the Basin Master Plans Project will allow staff to proceed with revising and updating Basin Master Plans in all of the City's storm drainage basins. • ORDINANCE NO. 049, 2002 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE TRANSFER OF EXISTING APPROPRIATIONS BETWEEN PROJECTS IN THE STORM DRAINAGE FUND WHEREAS, on March 16, 1999, the Council approved Ordinance No. 42, 1999, which amended the Storm Drainage Design Criteria and Construction Standards by revising the Rainfall Intensity Duration Curve Graph; and WHEREAS, the amended Storm Drainage Design Criteria and Construction Standards and Rainfall Intensity Curve Graph require that the City revise its Storm Drainage Basin Master Plans; and WHEREAS, problem identification and the recommended plan of storm drainage improvements are expected to be completed by the end of 2002 with consideration by Council in 2003; and WHEREAS, this is an accelerated schedule since the development of the 2002 budget to ensure information is available on a timely basis for floodplain administration, financial planning, capital projects administration and development review; and WHEREAS, in the 2002 Budget, Council approved appropriations of $605,000 for the Master Planning project; and WHEREAS, it has since been determined that additional appropriations of $300,000 are needed in order to complete the Master Plan revisions within the accelerated timeframe; and WHEREAS, existing appropriations have been identified in the Foothills Basin Project in the Storm Drainage Fund; and WHEREAS,Article V,Section 10,of the Charter of the City of Fort Collins the City Council mail, by ordinance, upon the recommendation of the City Manger, transfer any unexpended and unencumbered appropriated amount or portion thereof from one fund or capital project account to another fund or capital project account provided that the purpose for which the funds were initially appropriated no longer exists; and WHEREAS,the purpose for which the original appropriations were needed in the Foothills Basin Project no longer exists; and WHEREAS, it is the desire of the Council to authorize the transfer of unspent and unencumbered appropriations, totaling $300,000 from the Foothills Basin Project to the Basin Master Plans Project to allow staff to proceed with revising and updating Basin Master Plans in all of the City's storm drainage basins. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL.OF THE CITY OF FORT COLLINS that the sum of THREE HUNDRED THOUSAND DOLLARS ($300,000) is hereby authorized for transfer from the Foothills Basin Project in the Storm Drainage Fund to the Basin Master Plans Project in the Storm Drainage Fund and appropriated therein to allow staff to proceed with revising and updating Basin Master Plans in all of the City's storm drainage basins. Introduced,considered favorably on first reading and ordered published this 2nd day of April, A.D. 2002 and to be presented for final passage on the 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk Passed and adopted on final reading this 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk