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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 05/01/2001 - SECOND READING OF ORDINANCE NO. 55, 2001, APPROPR AGENDA ITEM SUMMARY ITEM NUMBER: 9 DATE: May 1, 2001 19 FORT COLLINS CITY COUNCIL FROM:• Dave Agee SUBJECT: Second Reading of Ordinance No. 55, 2001, Appropriating Unanticipated Revenue in the Storm Drainage Fund Old Town Basin Project. RECOMMENDATION: Staff recommends adoption of the Ordinance on Second Reading. EXECUTIVE SUMMARY: The Locust Street Outfall was oversized to include storm drainage for Colorado State University. Colorado State University has reimbursed the City $211,000 for its share of the project cost. An appropriation of this amount is needed in order to make the Old Town Basin Project whole. This Ordinance, which was unanimously adopted on First Reading on April 17, 2001, appropriates the amount received as unanticipated revenue for the Storm Drainage Fund Old Town Basin Project. AGENDA ITEM SUMMARY ITEM NUMBER: 18 FORT COLLINS CITY COUNCIL DATE: April 17, 2001FROM: Dave Agee SUBJECT: First Reading of Ordinance No. 55, 2001, Appropriating Unanticipated Revenue in the Storm Drainage Fund Old Town Basin Project. RECOMMENDATION: Staff recommends adoption of the Ordinance on First Reading. EXECUTIVE SUMMARY: The Locust Street Outfall was oversized to includ" draige for Colorado State University. Colorado State University has reimbursed the City or its share of the project cost. An appropriation of this amount is nee er to make d Town Basin Project whole. This Ordinance would appropriat ived asfitirlipated revenue for the Storm Drainage Fund Old Town B ' n Project. t .