HomeMy WebLinkAbout110 - 09/19/2023 - APPROPRIATING PRIOR YEAR RESERVES AND PHILANTHROPIC REVENUE RECEIVED THROUGH CITY GIVE FOR THE CARNEORDINANCE NO.110,2023
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES AND PHILANTHROPIC REVENUE
RECEIVED THROUGH CITY GIVE FOR THE CARNEGIE CENTER FOR CREATIVITY
AS DESIGNATED BY THE DONORS
WHEREAS,in 2015,the Fort Collins electorate approved the Community Capital
Improvement Program Ballot Measure,which helped to support the renovation of the City’s
Carnegie Center for Creativity (“Carnegie Center”);and
WHEREAS,renovation work on the Carnegie Center began in 2021;and
WHEREAS,El Pomar Foundation and the Gates Family Foundation have each generously
awarded the City $25,000 to support the renovation work on the Carnegie Center;and
WHEREAS,the Bodenhamer Family has generously donated $50,000 to support the
renovation work on the Carnegie Center;and
WHEREAS,this appropriation benefits public health,safety and welfare of the citizens of
Fort Collins and serves the public purpose of renovating the Carnegie Center;and
WHEREAS,Article V,Section 9 of the City Charter permits the City Council,upon
recommendation of the City Manager,to make a supplemental appropriation by ordinance at any
time during the fiscal year,provided that the total amount of such supplemental appropriation,in
combination with all previous appropriations for that fiscal year,do not exceed the current estimate
of actual and anticipated revenues and all other funds to be received during the fiscal year;and
WHEREAS,the City Manager has recommended the appropriation described herein and
determined that this appropriation is available and previously unappropriated from the Capital
Projects Fund and will not cause the total amount appropriated in the Capital Projects 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,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 appropriations described in Sections
2 and 3 of this Ordinance and determined that the amount of each of these appropriations is
available and previously unappropriated from the fbnds named in Sections 2 and 3 and will not
cause the total amount appropriated in each such fund to exceed the current estimate of actual and
anticipated revenues to be received in those funds during this fiscal year;and
WHEREAS,Article V,Section 11 of the City Charter authorizes the City Council to
designate in the ordinance when appropriating funds for a federal,state or private grant or
donation,that such appropriation shall not lapse at the end of the fiscal year in which the
appropriation is made,but continue until the earlier of the expiration of the federal,state or private
grant or donation or the City’s expenditure of all funds received from such grant or donation;and
WHEREAS,the City Council wishes to designate the appropriations herein for the
donations to the Carnegie Center for Creativity as appropriations that shall not lapse until the
earlier of the expiration of the respective donation or the City’s expenditure of all funds received
from such donation.
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 the Capital Projects Fund the amount
of philanthropic revenue held in prior year reserves to be expended as designated by the donor in
support of the Carnegie Center for Creativity renovation project from the following awards:
Bodenhamer Family $50,000
Section 3.That there is hereby appropriated from the Capital Projects Fund these
amounts of philanthropic revenue received in 2023 to be expended as designated by the donors in
support of the Carnegie Center for Creativity renovation project from the following awards:
El Pomar Foundation $25,000
Gates Family Foundation $25,000
Section 4.That the appropriations herein for the donations to the Carnegie Center for
Creativity are hereby designated,as authorized in Article V,Section 11 of the City Charter,as
appropriations that shall not lapse at the end of this fiscal year but continue until the earlier of the
expiration of the respective donation or the City’s expenditure of all funds received from such
donation.
Introduced,considered favorably on first reading,and ordered published this 5th day of
September,2023,and to be presented for final passage on the 19th day of September,2023.
ATTEST:
I
City Clerk
Passed and adopted on final reading on the 19th day of September,2023.
ATTEST:
City Clerk