HomeMy WebLinkAbout096 - 08/16/2016 - APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND AND IN THE LIGHT AND POWER FUND FOR 2016 PROJEORDINANCE NO. 096, 2016
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND
AND IN THE LIGHT AND POWER FUND FOR 2016 PROJECTS
ASSOCIATED WITH THE 2020 CLIMATE ACTION PLAN (CAP)
STRATEGIC PLAN AND RESCINDING ORDINANCE NO. 081, 2016
WHEREAS, on March 3, 2015, City Council adopted Resolution 2015-030, updating
community greenhouse gas goals and targets to be achieved by 2020, 2030, and 2050; and
WHEREAS, staff has developed an implementation plan based on the accelerated goals
of the Climate Action Plan ("CAP") and has identified several initiatives for immediate action
and investment based on guidance provided by the City Council; and
WHEREAS, on April 19, 2016, City Council adopted Ordinance No. 046, 2016,
appropriating funds toward four projects identified for immediate action and investment (1)
Building energy Disclosure and Scoring, (2) CAP Program Support, (3) CAP Pilot
Project/Innovation Fund, and (4) Biomass Burner Feasibility Study; and
WHEREAS, on June 21, 2016 City Council considered on first reading Ordinance No.
081, 2016 appropriating funds for two additional projects identified and proposed for immediate
action and investment: (1) Solar Incentives and Rebates, and (2) Municipal Green Waste
Composting) Sites; and
WHEREAS, appropriated, but unexpended and unencumbered, funds are available in
2016 from the Solar Purchase Power Program (SP3) and the Community Shared Solar program
in the Light and Power fund to support the Solar Incentives and Rebates Program; and
WHEREAS, staff requested $85,000 for the Municipal Green Waste (Composting) Site
Initiative, including compost-turning equipment of $51,000 and other expenses, outlined in the
Draft 2020 Climate Action Plan (CAP) Strategic Plan, from funds accumulated during 2015 and
prior years in the Waste Innovation Program account in the City's General Fund; and
WHEREAS, the Municipal Green Waste (Composting) Site will enable municipal
composting for organic landscape debris through a small-scale (100 tons/year) composting
facility at the Hoffman Mill Road Crushing Facility, including site grading at the Hoffman Mill
Road Crushing Facility, purchase of compost-turning equipment, and ongoing composting
operations and management by the Streets Department; and
WHEREAS, composting capability will increase landfill waste diversion by City
departments that generate organic debris'from municipal maintenance activities, including Parks,
Streets, Forestry,Natural Areas, Stormwater, and Light and Power; and
WHEREAS, in 2010, the City created the Waste Innovation Program (the "WIP") fund
where revenues collected for the program are held in a reserve account in the General Fund; and
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WHEREAS, the WIP funds are used to administer grants that allow City departments to
initiate new waste diversion and recycling projects with special attention to departments that
have larger quantities of waste that is self-hauled to the Larimer County.Landfill; and
WHEREAS, a team of interdepartmental employees (the "WIP Team") acts as a liaison
for incorporating waste reduction, promoting recycling strategies, and awarding WIP funds when
requests are received from participating City departments; and
WHEREAS, the WIP Team voted unanimously to recommend the funding request for the
Municipal Green Waste (Composting) Site Initiative; and
WHEREAS, the City has implemented certain energy efficiency programs identified in
the 2020 Climate Action Plan (CAP) Strategic Plan ("Energy Efficiency Programs"), and has
operated these programs using funds appropriated in the Light and Power Fund; and
WHEREAS, the funds appropriated for the Energy Efficiency Programs for 2016 have
been fully committed, preventing new participation in those Programs until such time as
additional funds have been made available; and .
WHEREAS, on June 21, 2016, City Council adopted on First Reading Ordinance No.
081, 2016, to include an additional appropriation of$1,460,000 from General Fund reserves for
Energy Efficiency Programs as described in the CAP Strategic Plan; and
WHEREAS, on July 19, 2016, Council adopted on Second Reading Ordinance No. 081,
2016, and at that time requested that staff examine the Energy Efficiency.Programs for any
appropriate modification of the project amount or source of funding for it in 2016; and
WHEREAS, staff has examined the funding source for the Energy Efficiency Programs
approved in Ordinance No. 081, 2016, and identified an alternate and more preferable source of
funding for the purposes described in that Ordinance; and
WHEREAS, based on new funding information provided by staff, Council desires to
rescind Ordinance No. 081, 2016, and reestablish the appropriation described therein in
furtherance of the Energy Efficiency Programs and Composting Initiative; and
WHEREAS, consistent with Article XII, Section 6 of the Charter of the City of Fort
Collins, funding of a portion of the total cost of the Energy Efficiency Programs from Light and
Power Fund reserves serves electric utility purposes and reflects a proportionate benefit expected
to accrue to Light and Power electric utility ratepayers by seeking to manage and minimize
overall future capital needs, and resulting rate impacts, that would otherwise be required to
support increasing peak demand and overall electric service loads; and
WHEREAS, Article V, Section 9 of the City Charter permits the City Council to
appropriate 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.
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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 the City Council hereby rescinds.adoption of Ordinance No. 081,
2016.
Section 3 That there is hereby appropriated from prior year reserves in the General
Fund the sum of EIGHTY-FIVE THOUSAND ($85,000) for expenditure in the General
Fund for the City of Fort Collins for the Municipal Green Waste (Composting) Site Initiative
as part of the Waste Innovation Program.
Section 4. That there is hereby appropriated from prior year reserves in the General
Fund the sum of SEVEN HUNDRED THIRTY THOUSAND DOLLARS ($730,000)
for expenditure in the General Fund for Energy Efficiency Programs as described in the CAP
Strategic Plan.
Section 5. That there is hereby appropriated from prior year reserves in the Light
and Power Fund the sum of SEVEN HUNDRED THIRTY THOUSAND DOLLARS
730,000) for expenditure in the Light and Power Fund for Energy,Efficiency Programs as
described in the CAP Strategic Plan.
Introduced, considered favorably on first reading, and ordered published this 26th day of
July, A.D. 2016, and to be
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for final passage on the 16th day of August, A.D. 2016.
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Passed and adopted on final reading on the 16th day of August, A.D. 2016.
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