HomeMy WebLinkAbout103 - 08/20/1996 - APPROPRIATING PRIOR YEAR RESERVES INTO THE EVERGREEN/GREENBRIAR BASIN FOR CAPITAL IMPROVEMENTS ORDINANCE NO. 103, 1996
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING STORM DRAINAGE FUND
PRIOR YEAR RESERVES INTO THE
EVERGREEN/GREENBRIAR BASIN FOR
CAPITAL IMPROVEMENTS
WHEREAS, storm drainage fees are collected in the Evergreen Park/Greenbriar Basin to
fund the construction of master plan basin improvements as well as minor capital improvements;and
WHEREAS, the Slormwater Utility has identified the installation of the Redwood Storm
Sewer and the Evergreen Eastern Drainageway as necessary capital improvements in the
Evergreen/Greenbrier Master Plan; and
WHEREAS, due to increased development in the area, the City desires to construct the
aforementioned projects alread of schedule in order to protect property from flooding and minimize
future impacts to the public; and
WHEREAS, Article V. Section 5 of the Charter of the City of Fort Collins (the "Charter")
required that capital projects be itemized in the budget by individual project; and
WHEREAS, the individual basins in the City are treated as capital projects; and
WHEREAS, the result of such itemization is that each individual basin in the budget is
treated as a separate fund; and
WHEREAS, the Storm Drainage Board has reviewed this appropriation and recommend
approval; and
WHEREAS, Article V, Section 8 of the Charter authorized the City Council to provide by
ordinance for payment of any expense from reserves accumulated in prior years, notwithstanding that
such reserves were not appropriated for expenditures in the amoral appropriation ordinance; and
WHEREAS,funds to cover these expenditures are available from prior year reserves in the
Storm Drainage fund.
NOW,THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated from prior year reserves in the Storm Drainage fund the
sum of ONE HUNDRED EIGHTY THOUSAND DOLLARS ($I80,000) for transfer to and
expenditure in the Evergreen/Greenbrier Basin to construct the Redwood Storm Sewer and the
Evergreen Eastern Drainageway.
Introduced, considered favorably on first reading, and ordered published this 6th day of
August, A.D. 1996, and to be presented for final passage on the 2 relay of August
ayor
ATTEST:
n
City Clerk
Passed and adopted on final reading this 20th day of A ist,'AD. 1996.
Mayor
ATTEST:
City Clerk