HomeMy WebLinkAbout061 - 04/18/2023 - REPEALING ORDINANCE NO. 031, 2023, APPROPRIATING PRIOR YEAR RESERVES FOR A CAPITAL CONTRIBUTION OF $ORDINANCE NO.061,2023
OF THE COUNCIL OF THE CITY OF FORT COLLINS
REPEALING ORDINANCE NO.031,2023,AND APPROPRIATING PRIOR YEAR
RESERVES FOR A CAPITAL CONTRIBUTION OF $1,000,000 FOR
CONSTRUCTION OF A NEW PUBLIC TERMINAL FACILITY AT THE
NORTHERN COLORADO REGIONAL AIRPORT
WHEREAS,the City of Fort Collins (the “City”)and the City of Loveland (“Loveland”)
jointly own the Northern Colorado Regional Airport (the “Airport”);and
WHEREAS,the Airport is currently undertaking a project to construct a new public
terminal facility (the “Project”)for the purpose of growing multi-modal transportation,charters,
and future airline services;and
WHEREAS,the Project is estimated to have a total cost $25,000,000,with $21,000,000
from federal funding,of which $1,590,000 is contingent upon a local match of$175,000;and
WHEREAS,the Project is dependent upon a local contribution obligation of $4,000,000,
of which $2,000,000 will come from the Airport’s capital reserves and $1,000,000 is proposed to
be contributed each by the City and Loveland;and
WHEREAS,City Council’s Finance Committee recommended that City staff collaborate
with Airport staff to develop a series of performance indicators for the Project;and
WHEREAS,City staff has identified the following performance indicators:(I)no later than
March 31,2025,the Project shall achieve LEED Silver building certification;the Project shall
include a public art commitment at 1~o of non-federal funding contributions to the Project;and the
carbon footprint of the building shall be no greater than 198 metric tons of carbon dioxide
equivalent;and enhanced accessibility to the building will be provided;and (ii)by year-end 2028,
the Airport shall achieve no less than 33,000 bus or air passengers annually that directly utilize the
new terminal facility (collectively,the “Performance Indicators”);and
WHEREAS,this Ordinance directs the City Manager to negotiate and execute an
intergovernmental agreement with Loveland for this capital contribution that addresses the
Performance Indicators,but leaves to the City Manager the discretion as to how they will be
addressed in the intergovernmental agreement with the goal being the timely funding of the
Project;and
WHEREAS,in addition to appropriating the identified funds,this Ordinance is intended to
provide a public position of support for the Project to allow for the release of federal funding;and
WHEREAS,this appropriation benefits the public health,safety and welfare of the
residents of Fort Collins and serves the public purpose of providing funding for the construction
of a new public terminal facility at the Airport with the intent of growing multi-modal
transportation,charters,and future airline services that Fort Collins residents will be able to access;
and
WHEREAS,Article V,Section 9 of the City Charter permits the City Council,upon the
recommendation of the City Manager,to make supplemental appropriations by ordinance at any
time during the fiscal year such funds for expenditure as may be available from reserves
accumulated in prior years,notwithstanding that such reserves were not previously appropriated;
and
WHEREAS,the City Manager has recommended the appropriation described herein and
determined that this appropriation is available and previously unappropriated from the General
Fund and will not cause the total amount appropriated in the General Fund to exceed the current
estimate of actual and anticipated revenues and all other funds to be received in this Fund during
this fiscal year;and
WHEREAS,the City Council adopted Ordinance No.031,2023 (“Ordinance No.031”)to
appropriate the prior year reserves described herein,but Ordinance No.031 was not published
after adoption as required by the City Charter;and
WHEREAS,it is necessary that the City Council repeal Ordinance No.031 and adopt this
Ordinance to make the appropriation again;and
WHEREAS,the City has taken no action on the appropriation or related agreement under
Ordinance No.031.
NOW,THEREFORE,BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1.That the City Council hereby makes and adopts the determinations and
findings contained in the recitals set forth above.
Section 2.That there is hereby appropriated from prior year reserves in the General
Fund the sum of ONE MILLION DOLLARS ($1,000,000)to be expended in the General Fund
for a capital contribution for the Project,the construction of a new public terminal facility at the
Northern Colorado Regional Airport.
Section 3.That the City Manager is directed to negotiate an intergovernmental
agreement with Loveland for this capital contribution and is authorized to enter into and sign it on
the City’s behalf.The City Manager is further authorized to enter into the agreement on such
terms and conditions concerning the Performance Indicators as the City Manager determines are
in the best interest of the City for the timely funding of the Project.
Section 4.Ordinance No.031,2023,is hereby repealed.
Introduced,considered favorably on first reading,and ordered published this 4th day of
April,2023,and to be presented f~~n~~passage on the
ATTEST:
18th day of April,2
18th d~.ril,2023.j
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Ci~Elerk
Passed and
ATTEST:
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