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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 05/21/2002 - FIRST READING OF ORDINANCE NO. 076, 2002, APPROPRI ITEM NUMBER: 15 AGENDA ITEM SUMMARY FORT COLLINS CITY COUNCIL DATE: May 21, 2002 STAFF: Clark Mapes a I Timothy Wilder SUBJECT: First Reading of Ordinance No. 076, 2002, Appropriating Unanticipated Revenue in the General Fund for the Downtown Strategic Plan. RECOMMENDATION: Staff recommends adoption of the Ordinance on First Reading. FINANCIAL IMPACT: The appropriation being requested is for $10,000 received by the City from the Downtown Business Association for the Downtown Strategic Plan. The City Council previously appropriated funds for the Advance Planning Department to prepare the Downtown Strategic Plan. Additional funds for the project have been appropriated in the Transportation Department 0 budget and it is anticipated that the Downtown Development Authority will also provide funds for the project in the form of a reimbursement later this year, contingent upon Council approval of the actions required to provide for the use of tax increment revenues for the project. EXECUTIVE SUMMARY: The project is jointly funded by the City and Downtown Business Association, with anticipated additional funding from the Downtown Development Authority. Of the $425,000 project cost, the City will provide a total of $140,000 for the Council approved project. The Downtown Development Authority will be providing $275,000 from tax increment funding, and the Downtown Business Association has agreed to provide $10,000 for the project. The City has selected a consultant team for the Downtown Strategic Plan who will assist staff and a citizen advisory committee in accordance with the scope of work for the project. The overall purpose of the Downtown Strategic Plan is to identify key critical issues and recommendations relating to the vision of Downtown as the community's primary center for government, office, finance, culture, entertainment, and specialty retail uses. The issues and recommendations will cover the strength of the Downtown market and special opportunities, parking, multi-modal circulation, freight access and mobility, infrastructure, and urban design opportunities. DATE: May 21, 2002 2 ITEM NUMBER: 15 BACKGROUND: Council appropriated $100,000 for the Downtown Strategic Plan in the Advance Planning Department's 2002 budget; $12,000 was re-appropriated by the Advance Planning Department in 2002; $14,000 was appropriated in the Transportation Department's 2002 budget; $14,000 is available from General Fund available appropriations; and, $275,000 is provided via the General Fund existing appropriations, which will be reimbursed with Downtown Development Authority tax increment funds, upon the approval and completion of the necessary transactions for such use of tax increment funds. The Downtown Business Association agreed to participate in the development of this Plan and has provided$10,000 as its share. The City has selected a consultant team for the Downtown Strategic Plan who will assist staff and a citizen advisory committee in accordance with the scope of work for the project. The consultant team is led by Civitas, Inc. and includes Progressive Urban Management Associates, Inc., Urban Marketing Collaborative, URS, Carl Walker, Inc., and Mile High Development. The vision for the Downtown is clearly stated in City Plan: "The Downtown will be the community's primary activity center for government, office, finance, culture, entertainment, and specialty retail uses." The Downtown Strategic Plan will explore and respond to a selected number of particular issues within the framework of City Plan, the Downtown Plan, the Civic i Center Master Plan, the Land Use Code, and other related documents. I More specifically, the objectives of the Plan are: • Identify issues and opportunities in the Downtown market and prepare recommendations on policies and actions to strengthen the market. • Prepare a comprehensive parking plan. • Prepare recommended policies and actions on infrastructure issues and urban design opportunities. • Prepare transportation impact studies of existing land uses and new land uses recommended by the study • Prepare a freight delivery and mobility study. • Update the Downtown Plan, with the inclusion of an updated Civic Center Master Plan. The Downtown Strategic Plan is expected to be conducted over a 12-18 month timeframe (May 2002-summer 2003). An extensive public outreach process will be conducted during that timeframe. The process will include a citizen's advisory committee, public meetings, newsletters, City board and commission meetings, City Council updates and many other outreach techniques. I . ORDINANCE NO. 076, 2002 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE GENERAL FUND FOR THE DOWNTOWN STRATEGIC PLAN WHEREAS, the City Council approved one-time funding with the 2002 budget for a Strategic Plan for Downtown Fort Collins; and WHEREAS, the overall purpose of the Downtown Strategic Plan is to identify key critical issues and recommendations relating to the vision of the Downtown; and WHEREAS,the vision for the Downtown as stated in the City Plan is "The Downtown will be the community's primary activity center for government,office,finance,culture, entertainment, and specialty retail uses"; and WHEREAS, the Downtown Strategic Plan project is jointly funded by the City of Fort Collins and the Downtown Business Association for a total amount of $425,000, with future participation by the Downtown Development Authority anticipated; and WHEREAS, the funding sources for the project areas follows: $100,000 approved in the 2002 Budget, $12,000 from Advance Planning Department, $14,000 from the Transportation • Department, $14,000 from General Fund available appropriations, $10,000 from the Downtown Business Association,and an anticipated reimbursement in the amount of$275,000 from Downtown Development Authority tax increment revenues, subject to Council approval of a tax increment financing transaction later this year; and WHEREAS,all of the Downtown Strategic Plan project funds have been appropriated except the Downtown Business Association funds; and WHEREAS, $10,000 has been received from the Downtown Business Association; and WHEREAS,Article V,Section 9,of the Charter of the City of Fort Collins permits the City Council to make supplemental appropriations by ordinance at any time during the fiscal year, provided that the total amount of such supplemental appropriations,in combination with all previous appropriations for that fiscal year,does not exceed the then current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS, City staff has determined that the appropriation of the Downtown Business Association funds as described herein will not cause the total amount appropriated in the relevant funds to exceed the current estimate of actual and anticipated revenues to be received in that fund during any fiscal year. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT • COLLINS that there is hereby appropriated from unanticipated revenue in the General Fund the sum of TEN THOUSAND DOLLARS ($10,000) for expenditure in the Advance Planning Department in the General Fund for the Downtown Strategic Plan project. Introduced, considered favorably on first reading, and ordered published this 21st day of May, A.D. 2002, and to be presented for final passage on the 4th day of June, A.D. 2002. Mayor ATTEST: City Clerk Passed and adopted on final reading this 4th day of June, A.D. 2002. Mayor ATTEST: City Clerk