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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 03/05/2002 - SECOND READING OF ORDINANCE NO. 029, 2002, APPROPR AGENDA ITEM SUMMARY ITEM NUMBER: 11 FORT COLLINS CITY COUNCIL DATE: March 5, 2002FROM: Craig Foreman SUBJECT: Second Reading of Ordinance No. 029, 2002, Appropriating Unanticipated Revenue in the Capital Projects Fund and the Capital Improvement Expansion Fund and Authorizing the Transfer of Appropriations Between Funds for the Purpose of Constructing Improvements at Sheldon Lake in City Park. RECOMMENDATION: Staff recommends the adoption of the Ordinance on Second Reading. EXECUTIVE SUMMARY: Staff has determined that growth of population in the general service area of City Park has resulted and will continue to result in increased use of City Park, including increased demand for footpaths and pedestrian access around Sheldon Lake. In order to accommodate this increasing demand for pedestrian walkways, and to absorb the increased pedestrian traffic around and in the vicinity of Sheldon Lake in City Park, certain improvements around the perimeter of Sheldon Lake are necessary. Consequently,staff proposed that funds in the amount of$125,000 be appropriated from current year revenues received in the Capital Improvement Expansion Fee Fund forCommunity Park Improvements, to be used for boardwalk and shoreline improvements around Sheldon Lake. This Ordinance, which was unanimously adopted on First Reading on February 19, 2002, appropriates the $175,000 donation from the Wilkins Trust for this project. AGENDA ITEM SUMMARY ITEM NUMBER: 19 FORT COLLINS CITY COUNCIL DATE: February 19, 2002 STAFF: Craig Foreman SUBJECT: First Reading of Ordinance No. 029, 2002, Appropriating Unanticipated Revenue in the Capital Projects Fund and the Capital Improvement Expansion Fund and Authorizing the Transfer of Appropriations Between Funds for the Purpose of Constructing Improvements at Sheldon Lake in City Park. RECOMMENDATION: Staff recommends the adoptio of the CY ,nanc o 3 first Reag. r r FINANCIAL IMPACT: The City will receive $175,000 in donated funds from the Wilkins Trust and anticipates receiving $125,000 in donated materials from the Elks Lodge for this project. The City will use $125,000 in Community Parkland Fees gene ore%res $a,1 d ment in the service area of City Park for the project. EXECUTIVE SUMMARY: The Wilkins Trust generously donated $100,000 in 2000 for improvements to the north shore of Sheldon Lake. The new sidewalk benches and crushed fine ravel ath have been installed and are being enjoyed by park visitors, _ Staff has determined that grow of popu ation t general s vice area of City Park has resulted and will continue to result in increased use ofCitotrk, inclu i rig — increased demand for footpaths and pedestrian access around Sheldon Lake. In order to accommodate this increasing demand for pedestrian walkways, and to absorb the increased pedestrian traffic around and in the vicinity of Sheldon Lake in City Park, certain improvements around the perimeter of Sheldon Lake are necessary. Consequently, staff is proposing that funds in the amount of$125,000 be appropriated from current year revenues received in the Capital Improvement Expansion Fee Fund for Community Park Improvements, to be used for boardwalk and shoreline improvements around Sheldon Lake. The Trust would like to continue to help fund improvements at Sheldon Lake with this new donation in the amount of$175,000. This funding will help pay for construction of a boardwalk around the outdoor pool; irrigation and landscaping along the west and south shore; for a stone wall along City Park Drive;for irrigation,landscaping and a storage shed for the Trolley Barn;and for improvements to City Park Center. DATE: e ruary ITEM NUMBER: 19 The Elks Lodge#804 has donated$125,000 in services and materials for this project. The Elks will be assisting City staff with the design and implementation of the project. The Elks will be donating their time and labor to help construct the boardwalk. A portion of project funds will be allocated toward the purchase of new paddleboats for the recreation boating program at Sheldon Lake. The combined funding of$125,000 from Capital Improvement Expansion Fee Fund for Community Park Improvements, $175,000 from the Wilkins Trust, and $125,000 in donated services and materials from the Elks, adds up to a total project budget of$425,000. By adopting this Ordinance,Council is accepting and appropriating the$175,000 donation from the Wilkins Trust for this project J�g�p $1 th Capital Expansion Community Parkland Fund for the projecthis pro ct is s e le o b structed this summer and fall. COPY ck PY a� j