HomeMy WebLinkAbout008 - 02/03/2004 - APPROPRIATING UNANTICIPATED REVENUE TO BE USED FOR THE DESIGN OF A FOUR-LANE ARTERIAL STREET ON A SE ORDINANCE NO. 008, 2004
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
CAPITAL PROJECTS FUND - SOUTH TAFT HILL ROAD,
HORSETOOTH ROAD TO HARMONY ROAD PROJECT, TO BE USED FOR
THE DESIGN OF A FOUR-LANE ARTERIAL STREET ON A SECTION OF SOUTH
TAFT HQ.L ROAD FROM HORSETOOTH ROAD SOUTH TO HARMONY ROAD
WHEREAS, the section of South Taft Hill Road from Horsetooth Road south to
Harmony Road, located within the City's Growth Management Area, is currently a two-lane
County road with no left turn lanes, no bike lanes, partial sidewalk, and minimal roadway
shoulders; and
WHEREAS, the aforementioned roadway is identified in the City's Master Street Plan as
a roadway which should become a four-lane arterial street; and
WHEREAS, South Taft Hill Road (County Road 19) is identified in Larimer County's
Transportation Plan as one of five roads within the County that are considered "Regional Roads"
and, as such, Taft Hill Road is eligible for funding from the County's Regional Road Capital
Expansion Fee program; and
WHEREAS, under the County's Regional Road Capital Expansion Fee program, initiated
by Latimer County in 1999 and adopted by the City in 2000, the County collects fees from
building permits issued within unincorporated Larimer County and the City of Fort Collins, and
said fees are then available for funding improvements to "Regional Roads" as identified by the
County; and
WHEREAS, the City has received $300,000 from Larimer County's Regional Road
Capital Expansion Fee program; and
WHEREAS, the City will use the aforementioned funds to cover the costs of designing a
four-lane arterial street for the section of South Taft Hill Road from Horsetooth Road south to
Harmony Road; 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, does not exceed the current estimate of actual and
anticipated revenues to be received during the fiscal year; and
WHEREAS, City staff has determined that the appropriation of $300,000 from Larimer
County as described herein will not cause the total amount appropriated in the Capital Projects
Fund - South Taft Hill Road, Horsetooth Road to Harmony Road capital project budget 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 $300,000,
representing Regional Road Capital Expansion fees collected by Larimer County, in the Capital
Projects Fund - South Taft Hill Road, Horsetooth Road to Harmony capital project to be used to
cover the costs of designing a four-lane arterial street for the section of South Taft all Road
from Horsetooth Road south to Harmony Road
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 - South Taft Hill Road, Horstooth Road to Harmony Road capital
project, the sum of THREE HUNDRED THOUSAND DOLLARS ($300,000), upon receipt
from Larimer County, to be used to cover the costs to design a four-lane arterial street for the
section of South Taft Hill Road from Horsetooth Road south to Harmony Road.
Introduced and considered favorably on first reading and ordered published this 20th day
of January, A.D. 2004, and to be presented for final passage on the 3rd day of February, A.D.
2004.
Mayor Fro Tom
A�U�L
EST:
City Clerk
Passed and adopted on final reading this 3rd day of February, A W2004.
ayo
ATTEST:
City Clerk