HomeMy WebLinkAbout147 - 09/15/1998 - APPROPRIATING PRIOR YEAR RESERVES IN THE NEIGHBORHOOD PARKLAND FUND TO BE USED FOR NEW PARK SITE DEV ORDINANCE NO. 147, 1998
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE
NEIGHBORHOOD PARKLAND FUND TO BE USED FOR
NEW PARK SITE DEVELOPMENT
WHEREAS, the Neighborhood Parkland Fund was created to account for the acquisition,
development and administration of neighborhood parks; and
WHEREAS,one of the goals of the City,as outlined in the Parks and Recreation Policy Plan,
is to maintain a ratio of 2.5 acres of neighborhood parkland for every 1,000 of population; and
WHEREAS, the Policy Plan also sets a goal of providing a neighborhood park in every
square mile section of the city that is predominantly residential, to be sized in accordance with the
population and fees generated by development in the area; and
WHEREAS,neighborhood parks are developed to provide a variety of experiences to users
including active sports facilities,as well as areas for walking,picnicking,gardens,and other passive
uses; and
WHEREAS, the acquisition and development of neighborhood parks is funded by the
Neighborhood Parkland Fee which is collected for each new residential dwelling unit constructed
within the Urban Growth Area; and
WHEREAS,Neighborhood Parkland Fees collected in 1997 exceeded estimated projections
by over $400,000; and
WHEREAS,this fee revenue is needed to complete the construction of English Ranch Park,
Westfield Park, Ridgeview Park,Miramont Park and scheduled neighborhood parks, and proposed
parks; and
WHEREAS, Staff recommends appropriating the excess revenues received in 1997, which
are part of the Neighborhood Parkland Fund prior reserves, and using them with existing
appropriations in 1998 to complete the construction of the English Ranch Park, Westfield Park,
Ridgeview Park, Miramont Park and for additional proposed neighborhood parks; and
WHEREAS,Article V, Section 9, of the Charter of the City of Fort Collins 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$400,000,from prior
year reserves in the Neighborhood Parkland Fund to be used for construction of English Ranch Park,
Westfield Park,Ridgeview Park,Miramont Park and other future neighborhood parks,such as Case
Park and Cottonwood Park, which are scheduled to be constructed in 1999.
NOW, THEREFORE, BE IT ORDAINED BY 'THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated for expenditure in the Neighborhood Parkland Fund,
New Park Site Development project, from prior year reserves in the Neighborhood Parkland Fund,
the sum of FOUR HUNDRED THOUSAND DOLLARS($400,000)to be used to construct English
Ranch Park,Westfield Park,Ridgeview Park,Miramont Park and other future neighborhood parks,
such as Case Park and Cottonwood Park.
Introduced, considered favorably on first reading, and ordered published this 1 st day of
September, A.D. 1998, and to be considered for final passage grrt i�5th day of Septe r, 'D.
1998.
ATTEST:
City Clerk
Passed and adopted on final reading this 15th day of S e er, A.D. 1
or
ATTEST:
21ti
City Clerk