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HomeMy WebLinkAbout101 - 08/20/2024 - APPROPRIATING PRIOR YEAR RESERVES IN THE GOLF FUND FOR THE REPLACEMENT OF NECESSARY SYSTEMS AT THE S (2)ORDINANCE NO.101,2024 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE GOLF FUND FOR THE REPLACEMENT OF NECESSARY SYSTEMS AT THE SOUTHRIDGE AND COLLINDALE GOLF COURSES A.The City created a fund to account for Golf activities under Section 8-79 of the City Code (“Golf Fund”). B.On November21,2023,the City Council adopted Ordinance No.145,2023, which set the budget for the Golf Fund for the fiscal year beginning January 1,2024,and ending December31,2024.Golf receives no ongoing subsidy from the General Fund. C.Staff requests funding for the replacement of two necessary systems,the final costs for replacing the irrigation system at Southridge Golf Course and the replacement of the HVAC and hydrogen alarm system at Collindale Golf Course. D.In 2022,the City began the capital project of installing a new irrigation system at the City’s Southridge Golf Course. E.Council adopted Ordinance Nos.01,2022,and 072,2022,to fund this capital project.Staff requests an additional appropriation of $563,000 for the remaining costs of this project. F.In 2023,Poudre Fire Authority notified staff that the current HVAC and hydrogen alarm system located at the Collindale clubhouse required an upgrade as soon as possible.The estimated cost for a compliant system is $167,930. G.To maintain the current golf services available to the public at City golf courses,City staff recommends using $730,930 from Golf Fund Reserves to fund the replacement of these two necessary systems. H.These appropriations benefit public health,safety,and welfare of the citizens of Fort Collins and serve the public purpose of maintaining all current golf services to the public. I.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. J.The City Manager has recommended the appropriation described herein and determined that this appropriation is available and previously unappropriated from the Golf Fund and will not cause the total amount appropriated in the Golf 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. —1— K.Article V,Section 11 of the City Charter authorizes the City Council to designate in the ordinance when appropriating funds for a capital project,that such appropriation shall not lapse at the end of the fiscal year in which the appropriation is made,but continue until the completion of the capital project. L.The City Council wishes to designate the appropriation herein for the irrigation system replacement at Southridge Golf Course in the amount of $563,000 as an appropriation that shall not lapse until the completion of the project. 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 Prior Year Reserves in the Golf Fund the sum of SEVEN HUNDRED THIRTY THOUSAND NINE HUNDRED THIRTY DOLLARS ($730,930)to be expended in the Golf Fund for the Golf Enterprise. Section 2.The appropriation herein for irrigation system replacement at Southridge Golf Course 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 completion of the project. Introduced,considered favorably on first reading on July 16,2024,and approved on second reading for final passage on August 20,2024. Mayor Pro ATtEST: // ityC / Effective Date:August 30,2024 Approving Attorney:Sara Arfmann