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HomeMy WebLinkAboutCOUNCIL - AGENDA ITEM - 02/17/2015 - SECOND READING OF ORDINANCE NO. 014, 2015, APPROPRAgenda Item 3 Item # 3 Page 1 AGENDA ITEM SUMMARY February 17, 2015 City Council STAFF Kurt Ravenschlag, Transfort/DAR General Manager SUBJECT Second Reading of Ordinance No. 014, 2015, Appropriating Unanticipated Grant Revenue from Federal Fiscal Year 2014 Federal Transit Administration Section 5307 and Section 5339 Grants for Transit Operations and Pass-Through to Partner Transit Agencies. EXECUTIVE SUMMARY This Ordinance, unanimously adopted on First Reading on February 3, 2015, appropriates funds to provide local funding in exchange for federal funding to the City’s partner transit agencies in the Transportation Management Area (TMA) - the City of Loveland, the Town of Berthoud, and the North Front Range Metropolitan Planning Organization (NFRMPO) and to increase appropriations for Transfort operations. The added appropriations for the swap arrangements amount to $668,616 and the added appropriations for Transfort operations amounts to $210,827 - for a total appropriation request of $879,443. All appropriations are fully funded with federal grant revenues. STAFF RECOMMENDATION Staff recommends adoption of the Ordinance on Second Reading. ATTACHMENTS 1. First Reading Agenda Item Summary, February 3, 2015 (w/o attachments) (PDF) 2. Ordinance No. 014, 2015 (PDF) Agenda Item 6 Item # 6 Page 1 AGENDA ITEM SUMMARY February 3, 2015 City Council STAFF Kurt Ravenschlag, Transfort/DAR General Manager SUBJECT First Reading of Ordinance No. 014, 2015, Appropriating Unanticipated Grant Revenue from Federal Fiscal Year 2014 Federal Transit Administration Section 5307 and Section 5339 Grants for Transit Operations and Pass-Through to Partner Transit Agencies. EXECUTIVE SUMMARY The purpose of this item is to appropriate funds to provide: local funding in exchange for federal funding to the City’s partner transit agencies in the Transportation Management Area (TMA) - the City of Loveland, the Town of Berthoud, and the North Front Range Metropolitan Planning Organization (NFRMPO) and to increase appropriations for Transfort operations. The added appropriations for the swap arrangements amount to $668,616 and the added appropriations for Transfort operations amounts to $210,827 - for a total appropriation request of $879,443. All appropriations are fully funded with federal grant revenues. STAFF RECOMMENDATION Staff recommends adoption the Ordinance on First Reading. BACKGROUND / DISCUSSION The City of Fort Collins has entered into agreements with each of its three TMA partners to transfer local funds to the partners in exchange for the partner's allocation of federal formula funding. These agreements are specific to FFY 2014 FTA Section 5307 and Section 5339 formula grants. This request for additional appropriations to match the sum of the agreed-upon local funds exchange is fully funded with additional federal funding. In addition, Transfort wishes to increase its operating appropriations in 2015 to account for all remaining unanticipated federal revenue that will not be passed thru to its partner agencies. CITY FINANCIAL IMPACTS This Ordinance increases Transfort’s operating funds by $210,827 in 2015. BOARD / COMMISSION RECOMMENDATION This appropriation request has not been presented to the Transportation Board. However, both the Transportation Advisory Commission (TAC) and the MPO Planning Council have approved the exchange of federal and local funds between the TMA members. PUBLIC OUTREACH In compliance with FTA Circular 9030.1E, Transfort developed a Program of Projects (POP) in consultation with interested parties, made the information available to the public and provided for a public hearing. In addition, the POP was presented to the TAC for its approval and to the MPO Planning Council for its approval ATTACHMENT 1 Agenda Item 6 Item # 6 Page 2 and inclusion into the Transportation Improvement Program (TIP). ATTACHMENTS 1. MPO Agenda Item Summary (PDF) - 1 - ORDINANCE NO. 014, 2015 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED GRANT REVENUE FROM FEDERAL FISCAL YEAR 2014 FEDERAL TRANSIT ADMINISTRATION SECTION 5307 AND SECTION 5339 GRANTS FOR TRANSIT OPERATIONS AND PASS-THROUGH TO PARTNER TRANSIT AGENCIES WHEREAS, the City has been awarded $879,443 in Federal Transit Administration (the “FTA”) Section 5307 and Section 5339 grant funding from federal fiscal year (FFY) 2014; and WHEREAS, the City has entered into agreements with its three Transportation Management Area (the “TMA”) partner agencies to provide local funding in exchange for the partner’s allocation of federal formula funding; and WHEREAS, the TMA partner agencies include the City of Loveland, the Town of Berthoud, and the North Front Range Metropolitan Planning Organization; and WHEREAS, this Ordinance will appropriate the FTA grant award in the amount of $879,443; and WHEREAS, a sum in the amount of $668,616 of the FTA grant funding shall be passed through to the TMA partner agencies per the exchange agreements; and WHEREAS, the Transportation Advisory Commission and the Metropolitan Planning Organization have approved the exchange of federal and local funds between the TMA partners; and WHEREAS, the balance of FTA grant funding in the amount of $210,827 will be used to fund increases to Transfort operations for 2015; and WHEREAS, Article V, Section 9, of the City Charter 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 current estimate of actual and anticipated revenues to be received during the fiscal year. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That there is hereby appropriated for expenditure from unanticipated revenue in the Transit Fund the sum of SIX HUNDRED SIXTY EIGHT THOUSAND SIX HUNDRED SIXTEEN DOLLARS ($668,616) to provide federal funding to the City’s TMA partner agencies in exchange for local funding. Section 2. That there is hereby appropriated for expenditure from unanticipated revenue in the Transit Fund the sum of TWO HUNDRED TEN THOUSAND EIGHT - 2 - HUNDRED TWENTY SEVEN DOLLARS ($210,827) to fund increases to Transfort operations for 2015. Introduced, considered favorably on first reading, and ordered published this 3rd day of February, A.D. 2015, and to be presented for final passage on the 17th day of February, A.D. 2015. __________________________________ Mayor ATTEST: _______________________________ City Clerk Passed and adopted on final reading on the 17th day of February, A.D. 2015. __________________________________ Mayor ATTEST: _______________________________ City Clerk