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HomeMy WebLinkAbout102 - 08/20/2024 - APPROPRIATING PRIOR YEAR RESERVES IN THE CONSERVATION TRUST FUND FOR PARK PLANNING AND DEVELOPMENT F (2)ORDINANCE NO.102,2024 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE CONSERVATION TRUST FUND FOR PARK PLANNING AND DEVELOPMENT FUNDING COMMUNITY BIKE PARK FEASIBILITY AND COMMUNITY ENGAGEMENT A.The Fort Collins 2021 Park and Recreation Plan,ReCreate,examined park and recreation needs in the context of the City’s system of public spaces and articulates a vision for parks and recreation in the future. B.Engagement performed in preparing this plan demonstrated that the community has a heightened interest in mountain bike courses. C.An additional study conducted between October 2022-February 2023 details additional community feedback for a community bike park. D.Staff wish to engage in a community bike park feasibility study to determine whether construction of such a facility is feasible,along with examining the appropriate size,location,amenities,and cost. E.The City possess Conservation Trust Funds received from the Colorado State Lottery,which per C.R.S.29-21-101(4)“shall be expended only for the acquisition, development,and maintenance of new conservation sites or for capital improvements or maintenance for recreational purposes on any public site.” F.On July 3,2024,staff confirmed with the Department of Local Affairs that the bike feasibility study is an eligible expense for Conservation Trust Funds. G.This appropriation benefits public health,safety and welfare of the citizens of Fort Collins and serves the public purpose of evaluating whether the construction of a community-scale bike park facility is feasible for the City. H.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 from such revenues and funds for expenditure as may be available from reserves accumulated in prior years,notwithstanding that such reserves were not previously appropriated. The City Manager has recommended the appropriation described herein and determined that this appropriation is available and previously unappropriated from the Conservation Trust Fund and will not cause the total amount appropriated in the Conservation Trust 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. 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 that there is hereby appropriated from Prior Year Reserves in the Conservation Trust Fund the sum of SEVENTY THOUSAND DOLLARS ($70,000)to be expended in the Conservation Trust Fund for the Community Bike Park Feasibility and Community Engagement. Introduced,considered favorably on first reading on July 16,2024,and approved on second reading for final passage on August 20,2024. 9‘a Mayor Pro Tem ATrEST: ityCi/ Effective Date:August 30,2024 Approving Attorney:Sara Artmann