HomeMy WebLinkAbout115 - 09/03/2024 - MAKING SUPPLEMENTAL APPROPRIATIONS OF PRIOR YEAR RESERVES FROM DEVELOPER CONTRIBUTIONS AND AUTHORIZIORDINANCE NO.115,2024
OF THE COUNCIL OF THE CITY OF FORT COLLINS
MAKING SUPPLEMENTAL APPROPRIATIONS OF PRIOR YEAR
RESERVES FROM DEVELOPER CONTRIBUTIONS AND
AUTHORIZING TRANSFERS FOR THE FUTURE VINE AND
TIMBERLINE OVERPASS PROJECT AND RELATED ART IN
PUBLIC PLACES
A.This Ordinance appropriates development payment-in-lieu (“PIL”)funds for
design services and grant application support services for the Vine and Timberline
Overpass Project (the “Project”).
B.The existing intersection of Vine Drive and Timberline Road experiences
congestion with safety and delay concerns due to the existing four-way stop control along
with an at-grade rail crossing near the intersection.
C.A project separate from the Overpass Project,the Vine and Timberline
Intersection Improvements project will improve the intersection with a traffic signal
interconnected to a new rail crossing signal.That project is fully funded,and construction
is currently underway.Construction on that intersection improvement project is expected
to be completed later this autumn.
D.As northeast Fort Collins continues to develop,increasing traffic volumes at
the intersection will result in the need for an overpass,a grade-separated crossing over
the railroad.
E.This grade separation over the railroad has been part of the City’s Master
Street Plan for several years and has been included in the Transportation Capital Projects
Prioritization Study as one of the top fifteen projects in the study.
F.A private development project provided a development contribution PIL for
its local street portion of Timberline Road in the amount of $276,679 in 2016.That portion
of Timberline Road is a section that will be constructed as part of the Project.
G.An August 2023 appropriation from another development’s PIL contribution
will be used together with the funds appropriated in this Ordinance to procure preliminary
design services and to provide grant application support for the Project.
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 Transportation Capital Expansion Fee fund and will not cause the total amount
appropriated in the Transportation Capital Expansion Fee 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.
J.Article V,Section 11 of the City Charter authorizes the City Council to
designate in the ordinance when appropriating funds for a capital project or for a federal,
state or private grant,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
or until the earlier of the expiration of the federal,state or private grant or private
contribution the City’s expenditure of all funds received from such contribution.
K.The City Council wishes to designate the appropriation herein of the
developer contribution as an appropriation that shall not lapse until the earlier of the
expiration of the contribution or the City’s expenditure of all funds received from the
contribution.
L.This Project involves construction estimated to cost more than $250,000,
and City Code Section 23-304 requires one percent of these appropriations to be
transferred to the Cultural Services and Facilities fund for a contribution to the Art in Public
Places (“APP”)program.
M.The total Project cost of $331,827 has been used to calculate the
contribution to the APP program.
N.The amount to be contributed to the APP program in this Ordinance will be
$3,318.
0.The appropriations in this Ordinance benefit public health,safety and
welfare of the residents of Fort Collins and serve the public purpose of improving
transportation infrastructure within the City.
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
Transportation Capital Expansion Fee fund the sum of TWO HUNDRED SEVENTY
THREE THOUSAND THREE HUNDRED SIXTY-ONE DOLLARS ($273,361)to be
expended in the Transportation Capital Expansion Fee fund for transfer to the Capital
Projects fund and appropriated therein for the Vine and Timberline Overpass Project.
Section 2.The unexpended and unencumbered appropriated amount of TWO
THOUSAND FIVE HUNDRED EIGHTY-EIGHT DOLLARS ($2,588)in the Capital
Projects fund is hereby authorized for transfer to the Cultural Services and Facilities fund
and appropriated and expended therein to fund art projects under the APP program.
Section 3.The unexpended and unencumbered appropriated amount of SIX
HUNDRED SIXTY-FOUR DOLLARS ($664)in the Capital Projects fund is hereby
authorized for transfer to the Cultural Services and Facilities fund and appropriated and
expended therein for the operation costs of the APP program.
Section 4.The unexpended and unencumbered appropriated amount of
SIXTY-SIX DOLLARS ($66)in the Capital Projects fund is hereby authorized for transfer
to the Cultural Services and Facilities fund and appropriated and expended therein for the
maintenance costs of the APP program.
Section 5.The appropriation herein for the developer contribution is hereby
designated as an appropriation that shall not lapse until the earlier of the expiration of the
contribution or the City’s expenditure of all funds received from the contribution.
Introduced,considered favorably on first reading on August 20,2024,and
approved on second reading for final passage on September 3,2024.
May~H~~
ATTEST:
Effective Date:September 13,2024
Approving Attorney:Heather N.Jarvis