HomeMy WebLinkAbout173 - 10/20/1998 - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND TO BE USED TO UPGRADE THE CROSSING S 4
ORDINANCE NO. 173, 1998
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND
TO BE USED TO UPGRADE THE CROSSING WARNING DEVICES AT NORTH LEMAY
AVENUE AND BURLINGTON NORTHERN AND SANTA FE RAILROAD CROSSING
WHEREAS, Article V, Section 9, of the Charter of the City of Fort Collins(the"Charter")
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, the City Council adopted Resolution 98-134, on October 6, 1998, approving
the contract between the City, the State of Colorado, and the Burlington Northern and Santa Fe
Railway Company, and authorizing the City Manager to enter into an intergovernmental agreement
with the Colorado State Department of Transportation(CDOT)for the receipt of federal Intermodal
Surface Transportation Efficiency Act(ISTEA) funds to be used to upgrade the crossing warning
devices at the North Lemay Avenue and Burlington Northern and Santa Fe Railroad Crossing(the
"Project"); and
WHEREAS,the estimated cost of the Project is Eighty-Two Thousand Two Hundred Thirty-
Eight Dollars ($82,238); and
WHEREAS, CDOT has made available to the City,ISTEA funds in the maximum amount
of Ninety Thousand Seven Hundred Dollars ($90,700)to fund the Project; and
WHEREAS,local funds,needed to reimburse CDOT for administering the Project, totaling
Two Thousand Five Hundred Dollars($2,500)have been identified and are appropriated in the 1998
Minor Streets capital project within the Capital Projects Fund; and
WHEREAS, it is the desire of the Council to appropriate the sum of$90,700 in federal
ISTEA funds to be used to upgrade the crossing warning devices at North Lemay Avenue and
Burlington Northern and Santa Fe Railroad Crossing.
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 Minor
Streets capital project in the Capital Projects Fund, the sum of NINETY THOUSAND SEVEN
HUNDRED DOLLARS ($90,700) from the Colorado Department of Transportation to be used to
upgrade the crossing warning devices at North Lemay Avenue and Burlington Northern and Santa
Fe Railroad Crossing.
Introduced and considered favorably on first reading and ord ublished this 6th day of
October, A.D. 1998, and to be presented for final passage on th th y of October, A.
Mayor
ATTEST:: � �
City Clerk
Passed and adopted on final reading this 20th day of October, A.D. 1998.
a or
ATTEST:
City Clerk
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