HomeMy WebLinkAbout103 - 08/20/2024 - APPROPRIATING PHILANTHROPIC REVENUE RECEIVED BY CITY GIVE FOR THE RENOVATION OF THE HISTORIC CARNEGIORDINANCE NO.103,2024
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PHILANTHROPIC REVENUE RECEIVED BY
CITY GIVE FOR THE RENOVATION OF THE HISTORIC
CARNEGIE LIBRARY AS DESIGNATED BY THE DONOR
A.Local resident Jackie Erickson has generously donated $100,000 toward
the renovation and operations of the City’s Community Center for Creativity.The current
project estimate for the renovation is $6,200,000,with public funding providing about
$5,500,000 toward the project and private funding providing the remainder of the funding.
The Community Center for Creativity will provide affordable,community4ocused space
for gallery exhibitions,performances,classes,and special events.
B.This appropriation benefits the public health,safety and welfare of the
residents of Fort Collins and serves the public purpose of supporting the renovation and
operations of a City venue for the arts.
C.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.
D.The City Manager has recommended the appropriation described herein
and determined that this appropriation is available and previously unappropriated from
the Cultural Services and Facilities Fund and will not cause the total amount appropriated
in the Cultural Services and Facilities 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 new philanthropic revenue in the
Cultural Services and Facilities Fund the sum of ONE HUNDRED THOUSAND DOLLARS
($100,000)to be expended in the Cultural Services and Facilities Fund for the Historic
Carnegie Library.
Introduced,considered favorably on first reading on July 16,2024,and approved
on second reading for final passage on August 20,2024.
Mayor ro -m
ATTEST:
I
City #trk
Effective Date:August 30,2024
Approving Attorney:Ted Hewitt