HomeMy WebLinkAbout149 - 11/07/2000 - APPROPRIATING PRIOR YEAR RESERVES IN THE CAPITAL EXPANSION FUND FOR IMPROVEMENTS RELATING TO A SKATE ORDINANCE NO. 149, 2000
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE
CAPITAL EXPANSION FUND FOR IMPROVEMENTS
RELATING TO A SKATE PARK AT EDORA PARK
WHEREAS, the City of Fort Collins has recognized and addressed the issue of requiring
future growth and new development to contribute its proportionate share of the cost of providing new
capital facilities and infrastructure required to maintain the City's level of services to its residents;
and
WHEREAS,the City Council adopted Ordinance No. 51, 1996,on May 21, 1996,amending
the City Code by adding a new article pertaining to the imposition of capital expansion fees to be
used to fund capital improvements for the library,community parkland,police services,fire services,
and general governmental facility services; and
WHEREAS,the capital expansion fees imposed under the provisions of the aforementioned
section of the City Code, including a Community Parkland Capital Improvement Expansion Fee,
went into effect on July 1, 1996, and the City has since been receiving said fees as a condition of the
issuance of building permits; and
WHEREAS, City Code Section 7.5-18 provides for annual fee increases in the capital
improvement expansion fees corresponding to the increases in inflation based on the Denver-Boulder
Consumer Price Index; and
WHEREAS, on June 6, 2000,the City Council adopted Ordinance No. 58, 2000, amending
Section 7.5 of the City Code and adjusting the Community Parkland Expansion Fees to adequately
fund the future provision of the same level of parkland services as is presently provided to residents
of the community; and
WHEREAS, City Code Section 7.5.28(a) requires that Community Parkland Capital
Improvement Expansion Fee funds be used only for capital improvements related to the provision
of community parks, as such improvements may be identified in the capital improvements plan for
community parkland; and
WHEREAS, Park Planning staff have identified the need to appropriate $275,000 of
Community Parkland Capital Improvement Expansion Fees, to be used together with existing
appropriations totaling $110,600 to construct a new skate park at Edora Park, at an estimated cost
of$385,000; and
WHEREAS,the development of new skate parks is identified in, and is consistent with,the
Parks and Recreation Policy Plan adopted by the Council in Resolution 96-147 on December 3,
1996; and
WHEREAS, Article V, Section 9, of the Charter of the City of Fort Collins (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 the sum of$275,000 from prior year
reserves in the Capital Expansion Fund for Community Parkland, to be used with existing
appropriations totaling $110,000, to construct a new skate park at Edora Park.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated for expenditure from prior year reserves in the Capital
Expansion Fund, the sum of TWO HUNDRED SEVENTY-FIVE THOUSAND DOLLARS
($275,000) to be used to construct a new skate park at Edora Park.
Introduced and considered favorably on first reading and ordered publi hed this 17th day of
October, A.D. 2000, and to be presented for final passage on the 7th day ovember,A.D. 2000.
--Mayor
ATTEST:
q(� ki 4 VL,t, �-n
City Clerk
Passed and adopted on final reading this 7th day of November, A.D. 2000.
Mayor
ATTEST:
,
4�lta� .�L
City Clerk