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HomeMy WebLinkAbout108 - 09/03/2024 - AUTHORIZING TRANSFER OF APPROPRIATIONS FOR THE AFFORDABLE HOUSING AND PLANNING DEVELOPMENT PROCESS IORDINANCE NO.108,2024 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING TRANSFER OF APPROPRIATIONS FOR THE AFFORDABLE HOUSING AND PLANNING DEVELOPMENT PROCESS IMPROVEMENT PROJECT A.In 2024,the City applied for and received a $200,000 grant from the Local Planning Capacity grant program administered by the Colorado Department of Local Affairs to be used to review and implement changes to expedite the City’s affordable housing development review process. B.Ordinance No.059,2024,appropriated the $200,000 grant award into a non-lapsing business unit. C.The City is required to provide $55,000 in matching funds as a condition of the grant,and the matching funds need to be placed into a non-lapsing business unit. D.This appropriation benefits the public health,safety,and welfare of the residents of Fort Collins and serves the public purpose of improving the efficiency of the City’s administrative processes relating to affordable housing development. E.Article V,Section 10 of the City Charter authorizes the City Council,upon recommendation by the City Manager,to transfer by ordinance any unexpended and unencumbered appropriated amount or portion thereof from one fund or capital project to another fund or capital project,provided that the purpose for which the transferred funds are to be expended remains unchanged,the purpose for which the funds were initially appropriated no longer exists,or the proposed transfer is from a fund or capital project in which the amount appropriated exceeds the amount needed to accomplish the purpose specified in the appropriation ordinance. F.The City Manager has recommended the transfer of $55,000 from the Licensing,Permitting,and Code Enforcement operating business unit in the General Fund to the Local Planning Capacity Grant in the General Fund and determined that the purpose for which the transferred funds are to be expended remains unchanged. G.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 the City’s expenditure of all funds received from such grant. H.The City Council wishes to designate the appropriation herein for the matching funds for the Local Planning Capacity Grant 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.The unexpended and unencumbered appropriated amount of FIFTY- FIVE THOUSAND DOLLARS ($55,000)is authorized for transfer from the Licensing, Permitting,and Code Enforcement operating business unit in the General Fund to the Local Planning Capacity Grant in the General Fund and appropriated therein to be expended for the matching amount towards the Local Planning Capacity Grant. Section 2.The appropriation herein for the matching funds for the Local Planning Capacity Grant 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 the August 20,2024,and approved on second reading for final passage on the September 3,2024. at’ Mayor Pro Tem ATTEST: ~IityC! Effective Date:September 13,2024 Approving Attorney:Brad Yatabe