HomeMy WebLinkAbout009 - 02/15/2005 - APPROPRIATING PRIOR YEAR RESERVES IN THE NATURAL AREAS FUND FOR THE PURPOSE OF PROVIDING NATURAL ARE ORDINANCE NO. 009, 2005
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE
NATURAL AREAS FUND FOR THE PURPOSE OF PROVIDING
NATURAL AREAS PROGRAMMING NOT INCLUDED
IN THE 2005 ADOPTED CITY BUDGET
WHEREAS,the City is committed to conserving natural areas in a manner that protects their
integrity,while providing educational,interpretive and appropriate recreational opportunities to the
public; and
WHEREAS, Natural Areas programming implements open land conservation priorities
identified in the City's Comprehensive Plan by purchasing fee simple or conservation easement
interests in key natural areas,community separators,or other open lands,providing stewardship for
lands purchased, and trails and interpretive features for public use; and
WHEREAS,the City's Natural Areas program is funded primarily through the collection of
Building Community Choices sales and use tax revenue,revenues from the County's Help Reserve
Open Spaces Initiative,proceeds from the issuance of Certificates of Participation in 2004,fees from
royalties, investment earnings, and other miscellaneous revenues received; and
WHEREAS, Natural Areas Fund appropriations totaled $36,169,252, in 2004, with
expenditures/encumbrances,totaling$22,482,305,leaving a balance of unspent and unencumbered
appropriations, totaling $13,686,947; and
WHEREAS, Article V, Section 11, of the Charter of the City of Fort Collins ("Charter")
requires that all appropriations unexpended or unencumbered at the end of the fiscal year shall lapse
to the applicable general or special revenue fund, except that appropriations for capital projects and
federal or state grants shall not lapse until the completion of the capital project or until the expiration
of the federal or state grant; and
WHEREAS, actual 2004 revenues collected in the Natural Areas Fund, totaling $266,303
and which were not appropriated in 2004, are in prior year reserves of the Natural Areas Fund as of
December 31, 2004; and
WHEREAS,Article V, Section 9, of 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, City staff recommends appropriating from prior year reserves in the Natural
Areas Fund the aforementioned unexpended and unencumbered appropriations totaling$13,686,947,
and the unappropriated revenues received in 2004 totaling $266,303, to be used for acquisition,
construction,enhancement and maintenance of trail systems,wildlife habitat and other natural areas
to benefit the citizens of the city; and
WHEREAS, it is the desire of the Council to appropriate the aforementioned total of
$13,953,250 from prior year reserves in the Natural Areas Fund to be used for acquisition,
construction,enhancement and maintenance of trail systems,wildlife habitat and other natural areas
to benefit the citizens of the city.
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 Natural
Areas Fund the sum of THIRTEEN MILLION NINE HUNDRED FIFTY-THREE THOUSAND
TWO HUNDRED FIFTY DOLLARS ($13,953,250) to be used for acquisition, construction,
enhancement and maintenance of trail systems,wildlife habitat and other natural areas to benefit the
citizens of the city.
Introduced and considered favorably on first reading and ordered published this 1st day of
February,A.D. 2005, and to be presented for final passage on the 15th day of February,A.D. 2005.
Mayor
ATTEST:
)LLI�� :�M-". —
City Clerk
Passed and adopted on final reading this 15th day of February, A.D. 2005.
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Mayor
ATTEST:
City Clerk