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HomeMy WebLinkAbout099 - 07/01/2025 - MAKING SUPPLEMENTAL APPROPRIATIONS IN THE HOMEORDINANCE NO.099,2025 OF THE COUNCIL OF THE CITY OF FORT COLLINS MAKING SUPPLEMENTAL APPROPRIATIONS IN THE HOME INVESTMENT PARTNERSHIPS GRANT AMERICAN RESCUE PLAN ACT FUND A.The HOME Investment Partnerships American Rescue Plan Program (HOME-ARP)provides funding to HOME Participating Jurisdictions to reduce homelessness and increase housing stability across the country.On April 30,2025,the City received notice that it would receive unanticipated Home-ARP income from the United State Department of Housing and Urban Development for the HOME Investments Partnerships Program in the amount of $3,941. B.This appropriation benefits the public health,safety and welfare of the residents of Fort Collins and serves the public purpose of providing housing and homelessness services for City residents. C.Article V,Section 9 of the City Charter permits the City Council,upon recommendation of the City Manager,to make a supplemental appropriation by ordinance at any time during the fiscal year,provided that the total amount of such supplemental appropriation,in combination with all previous appropriations for that fiscal year,do not exceed the current estimate of actual and anticipated revenues and all other funds to be received during the fiscal year. D.The City Manager has recommended the appropriation described herein and determined that the funds to be appropriated are available and previously unappropriated from the Home Investment Partnerships Grant Fund and that this appropriation will not cause the total amount appropriated in the Home Investment Partnerships Grant 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. E.Article V,Section 11 of the City Charter authorizes the City Council to designate in the ordinance when appropriating funds for a federal grant,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 grant or the City’s expenditure of all funds received from such grant. F.The City Council wishes to designate the appropriation herein for the Home Investment Partnerships Program 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.There is hereby appropriated from new revenue or other funds from HUD American Rescue Plan Act funds in the HOME Investment Partnerships Grant Fund the sum of THREE THOUSAND NINE HUNDRED FORTY-ONE DOLLARS ($3,941),to be expended in the HOME Investment Partnerships Grant Fund for approved HOME Program projects. Section 2.The appropriation herein for HOME Investment Partnerships Grant Entitlement Program 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 June 17,2025,and approved on second reading for final passage on July 1,2025. ATTEST: ityCI // - Effective Date:July 11,2025 Approving Attorney:Ted Hewitt em Exhibits:None