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HomeMy WebLinkAbout219 - 12/15/1998 - APPROPRIATING PRIOR YEAR RESERVES IN THE TRANSIT SERVICES FUND FOR THE ACQUISITION OF REPLACEMENT BU ORDINANCE NO. 219. 1998 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE TRANSIT SERVICES FUND FOR THE ACQUISITION OF REPLACEMENT BUSES FOR DIAL-A-RIDE AND A REPLACEMENT ENGINE FOR THE FIXED ROUTE BUSES WHEREAS,the 1996 Transit Services Fund budget included an appropriation of$191,416 from the Federal Transit Administration(FTA)grant program,and$67,256,representing the City's share of local matching funds, to be used to acquire four replacement mini-buses for Dial-A-Ride and one spare engine for the fixed route Transfort buses: and WHEREAS,the City,as the grantee,has four years(1996-1999)to spend the appropriations associated with the FTA grant program; and WHEREAS,Article V, Section 11,of the Charter of the City of Fort Collins(the"Charter") provides that appropriations for a federal grant shall not lapse if unexpended at the end of the fiscal year until the expiration of the federal grant; and WHEREAS, at the end of each fiscal year, grants which are completed or have expired are "closed out", eliminating the ability to use appropriations associated with the"closed"project; and WHEREAS, portions of the 1996 FTA grant and City matching funds, totaling $174,582, were inadvertently closed before the replacement mini-buses and spare engine were purchased, causing the unspent and unencumbered appropriations to lapse into the Transit Services Fund reserves at the end of fiscal year 1997; and WHEREAS, Staff recommends appropriating $174,582, representing the lapsed appropriations associated with the 1996 ETA grant program, which are part of the Transit Services Fund prior year reserves, and using them with existing appropriations to acquire four replacement mini-buses for Dial-A-Ride and one replacement engine for Transfort's fixed route buses; and WHEREAS,Article V, Section 9, of the Charter permits the City Council to appropriate by ordinance at any time during the fiscal year such funds for expenditure as may be available from reserves accumulated in prior years, notwithstanding that such reserves were not previously appropriated; and WHEREAS,it is the desire of the Council to appropriate funds,totaling$174,582,from prior year reserves in the Transit Services Fund to be used to acquire four replacement mini-buses for Dial-A-Ride and one replacement engine for Transfort's fixed route buses. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure in the Transit Services Fund, 1996 ETA Grant project, from prior year reserves in the Transit Services Fund, the sum of ONE HUNDRED SEVENTY-FOUR THOUSAND FIVE HUNDRED EIGHTY-TWO DOLLARS ($174,582)to be used to acquire four replacement mini-buses for Dial-A-Ride and one replacement engine for Transfort's fixed route buses. Introduced and considered favorably on first reading and ordered published this 1 st day of December, A.D. 1998, and to be presented for final passage on the l5th day of December, A.D. 1998. Mayor Pro Tem ATTEST: e City Clerk Passed and adopted on final reading the 15th day of December, A.D. 1998. ayor ATTEST: Lk City Clerk