HomeMy WebLinkAbout074 - 06/18/2024 - MAKING SUPPLEMENTAL APPROPRIATIONS IN THE COMMUNITY DEVELOPMENT BLOCK GRANT FUNDThis Ordinance was repealed
and reenacted as:
Ordinance No. 087 , 2024
ORDINANCE NO. 074, 2024
OF THE COUNCIL OF THE CITY OF FORT COLLINS
MAKING SUPPLEMENTAL APPROPRIATIONS IN THE
COMMUNITY DEVELOPMENT BLOCK GRANT FUND
A. The City estimates it will receive in federal fiscal year 2024-2025
unanticipated revenue in the form of federal Community Development Block Grant
(“CDBG”) funds from Housing and Urban Development (HUD) totaling $1,107,934.
B. The City received unanticipated CDBG Program income in the amount of
$103,659.
C. Recommendations for the use of these funds will be presented to City
Council at its regular meeting on June 18, 2024.
D. This appropriation benefits the public health, safety and welfare of the
residents of Fort Collins and serves the public purpose of providing affordable housing
and human services for city residents.
E. 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.
F. The City Manager has recommended the appropriation described herein
and determined that this appropriation is 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 and all other funds to be received in this Fund
during this fiscal year.
G. Article V, Section 11 of the City Charter authorizes the City Council to
designate in the ordinance when appropriating funds for a federal grant, 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 grant or the City’s
expenditure of all funds received from such grant.
H. The City Council wishes to designate the appropriation herein for the
Community Development Block Grant Entitlement Program as an appropriation that shall
not lapse until the earlier of the expiration of the grant or the City’s expenditure of all funds
received from such grant.
In light of the foregoing recitals,which the Council hereby makes and adopts as
determinations and findings,BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS as follows:
Section 1.There is hereby appropriated from new revenue or other funds from
HUD in the Community Development Block Grant Fund,the sum of ONE MILLION ONE
HUNDRED SEVEN THOUSAND NINE HUNDRED THIRTY-FOUR DOLLARS
($1,107,934),to be expended in the Community Development Block Grant Fund upon
receipt thereof for federal fiscal year 2024-2025 Community Development Block Grant
projects.
Section 2.There is hereby appropriated from new revenue or other funds from
program income in the Community Development Block Grant Fund,the sum of ONE
HUNDRED THREE THOUSAND SIX HUNDRED FIFTY-NINE DOLLARS ($103,659),to
be expended in the Community Development Block Grant Fund for approved Community
Development Block Grant projects.
Section 3.The appropriation herein for the Community Development Block
Grant Entitlement Program is hereby designated,as authorized in Article V,Section 11
of the City Charter,as an appropriation that shall not lapse at the end of this fiscal year
but continue until the earlier of the expiration of the grant or the City’s expenditure of all
funds received from such grant.
Introduced,considered favorably on first reading on June 4,2024,and approved
on second reading for final passage on June 18,2024.
ATTEST:
Interim City Clerk
Effective Date:June 28,2024
Approving Attorney:Jenny Lopez Filkins
Mayor ProT