HomeMy WebLinkAbout048 - 04/18/2017 - APPROPRIATING UNANTICIPATED GRANT REVENUE FROM THE COLORADO OFF-SYSTEM BRIDGE PROGRAM IN THE CAPITAL (2)ORDINANCE NO. 048, 2017
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED GRANT REVENUE FROM THE
COLORADO OFF-SYSTEM BRIDGE PROGRAM IN THE CAPITAL PROJECTS
FUND FOR THE RIVERSIDE AVENUE BRIDGE REPLACEMENT PROJECT
WHEREAS, the City of Fort Collins Engineering Department has applied for and was
awarded a grant from the federally funded Colorado Off-System Bridge Program in the amount
of$1,156,000 for the replacement of the Riverside Avenue Bridge over Spring Creek; and
WHEREAS, based on federal bridge inspection standards, the Riverside Avenue Bridge
is identified as in need of replacement because it is progressing towards deterioration and does
not have the desired load carrying capacity;and
WHEREAS, local matching funds of $289,000 (20%) for the grant were previously
appropriated in the 2017-2018 City budget; and
WHEREAS, additional project funds of $1,300,223 were previously appropriated in the
2017-2018 City budget, including the required funding for the Art in Public Places program; and
WHEREAS, the $1,156,000 grant is unanticipated revenue requiring appropriation in
order to authorize its expenditure; 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, City staff has determined that the appropriation of the revenue as described
herein will not cause the total amount appropriated in the Capital Projects Fund to exceed the
current estimate of actual and anticipated revenues to be received in that fund during any fiscal
year.
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 Capital Projects Fund the sum of ONE MILLION ONE HUNDRED FIFTY-SIX
THOUSAND DOLLARS ($1,156,000) for the Riverside Avenue Bridge Replacement Project.
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Introduced, considered favorably on first reading, and ordered published this 21st day of
March, A.D. 2017, and to be presented for final passage on the 18th day of April, A.D. 2017.
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A X
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E L ' Mayor
ATTEST:
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City Clerk
Passed and adopted on final reading on the 18th day of April, A.D. 20f7.
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ML rAL :Mayor
ATTEST:
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City Clerk
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