HomeMy WebLinkAbout080 - 07/02/2019 - APPROPRIATING UNANTICIPATED REVENUE IN THE COMMUNITY DEVELOPMENT BLOCK GRANT FUNDORDINANCE NO. 080, 2019
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
COMMUNITY DEVELOPMENT BLOCK GRANT FUND
WHEREAS, the City estimates, it will receive in federal fiscal year 2019-2020
unanticipated revenue in the form of federal Community Development Block Grant ("CDBG")
funds from the Department of Housing and Urban Development(HUD) totaling$1,078,629; and
WHEREAS, the City also has discovered unprogrammed CDBG funds through a
reconciliation with the federal Integrated Disbursement&Information System(IDIS)of$274,068;
and
WHEREAS, on June 4, 2019, the City Council adopted Resolution 2019-074, approving.
the CDBG Commission's recommendation as to which programs and projects should receive
CDBG funds in the 2019 funding cycle; 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;and
WHEREAS, the City Manager has recommended the appropriations described herein and
determined that these appropriations are available and previously unappropriated from the
Community Development Block Grant Fund and will not cause the total amount appropriated in
the Community Development Block Grant Fund to exceed the current estimate of actual and
anticipated revenues to be received in that fund during any fiscal year; and
WHEREAS, Article V, Section 11 of the City Charter provides that federal grant
appropriations shall not lapse if unexpended at the end of the budget year until the expiration of
the federal grant; and
WHEREAS, this appropriation benefits public health, safety and welfare of the citizens of
Fort Collins and serves the public purpose of providing affordable housing and human services for
City residents.
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 for expenditure from unanticipated grant
revenue in the federal fiscal year 2019-2020 from HUD into the Community Development Block
Grant Fund, the sum of ONE MILLION SEVENTY-EIGHT THOUSAND SIX HUNDRED
1-
TWENTY-NINE DOLLARS($1,078,629),upon receipt thereof for federal fiscal year 2019-2020
Community Development Block Grant projects.
Section 3. That there is hereby appropriated for expenditure from unanticipated
revenue from a reconciliation of funding between the City JDE system and the federal IDIS system
into the Community Development Block Grant Fund, the sum of TWO HUNDRED SEVENTY-
FOUR THOUSAND SIXTY-EIGHT DOLLARS ($274,068), for approved Community
Development Block Grant projects.
Introduced, considered favorably on first reading, and ordered published this 4th day of
June,.A.D. 2019, and to be presented for final passage on the 2nd-
pday
of July, A.D. 2019.
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Mayor Pro Tern
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Passed and adopted on final reading on the 2nd day of July, A.D. 2019.
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