HomeMy WebLinkAbout065 - 05/06/2003 - APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE CAPITAL PROJECTS FUND TO BE USED FOR INSTALLATION O ORDINANCE NO. 065, 2003
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED GRANT REVENUE
IN THE CAPITAL PROJECTS FUND -TRAFFIC SIGNAL TIMING SYSTEM PROJECT
TO BE USED FOR INSTALLATION OF THE FIRST PHASES
OF ADDITIONAL TRAFFIC MANAGEMENT EQUIPMENT
FOR THE ADVANCED TRAFFIC MANAGEMENT SYSTEM
WHEREAS, the City is in the process of replacing its traffic signal system with a
modernized Advanced Traffic Management System (ATMS); and
WHEREAS, City Council has approved appropriations, totaling $5,007,018, towards the
replacement ATMS; and
WHEREAS, to date, 41 City intersections have been replaced and are operational under
the new ATMS; and
WHEREAS, the Colorado Department of Transportation (CDOT) has awarded the City a
federal Congestion Mitigation and Air Quality grant, in the amount of $430,000, for additional
traffic management equipment; and
WHEREAS, the federal portion of the aforementioned grant to be reimbursed to the City
is $345,628; and
WHEREAS, the City's required local match is $84,372, and is available in the form of
existing appropriations in the Capital Projects Fund-Traffic Signal Timing System project; and
WHEREAS, the City Council adopted Resolution 2003-053, on April 15, 2003,
authorizing the Mayor to enter into an intergovernmental agreement with the Colorado
Department of Transportation for receipt of federal Congestion Mitigation and Air Quality grant
funds to be used for installation of additional traffic management equipment; and
WHEREAS, Article V, Section 9, of the Charter of the City of Fort Collins permits the
City Council to make supplemental appropriations by ordinance at any time during the fiscal
year, provided that the total amount of such supplemental appropriations, in combination with all
previous appropriations for that fiscal year, do not exceed the then current estimate of actual and
anticipated revenues to be received during the fiscal year; and
WHEREAS, City staff has determined that the appropriation of the federal Congestion
Mitigation and Air Quality grant as described herein will not cause the total amount appropriated
in the Capital Projects Fund - Traffic Signal Timing System project to exceed the current
estimate of actual and anticipated revenues to be received during any fiscal year; and
WHEREAS, it is the desire of the Council to appropriate the sum of$345,628 in federal
Congestion Mitigation and Air Quality grant funds in the Capital Projects Fund - Traffic Signal
Timing System project to be used for installation of additional traffic management equipment.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS that there is hereby appropriated for expenditure from unanticipated revenue in
the Capital Projects Fund - Traffic Signal Timing System project the sum of THREE
HUNDRED FORTY-FIVE THOUSAND TWO HUNDRED SIXTY-EIGHT DOLLARS
($345,628), upon receipt from the Colorado Department of Transportation federal Congestion
Mitigation and Air Quality grant funds, to be used for installation of additional traffic
management equipment.
Introduced and considered favorable on first reading and ordered published this 15th day
of April, A.D. 2003, and to be presented for final passage on the 6th day of 9y, A.D. 2003.
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 6th day of May, A.D. 2001
Mayor
ATTEST:
City Clerk