Loading...
HomeMy WebLinkAbout029 - 03/07/2006 - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND - BUILDING COMMUNITY CHOICES - MASO ORDINANCE NO. 029, 2006 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND - BUILDING COMMUNITY CHOICES - MASON TRANSPORTATION CORRIDOR PROJECT TO BE USED FOR DESIGN OF A BICYCLE/PEDESTRIAN UNDERPASS WHEREAS, on April 8, 1997, the voters of the City approved Ordinance No. 30, 1997, authorizingthe imposition of a quarter cent sales and use tax f P q or the purpose of generating revenues P rp g g to construct certain transportation projects described in the Building Community Choices("BCC") capital improvement program; and WHEREAS, one such project approved for funding by the voters was the Mason Transportation Corridor("MTC") project; and WHEREAS, the MTC, envisioned as a transportation corridor that would enhance opportunities for pedestrians, bicyclist, and transit riders, is a five-mile north-south byway within the City, extending from Cherry Street on the north to approximately one-half mile south of Harmony Road, and is centered along the Burlington Northern Santa Fe Railway tracks, a few hundred feet west of College Avenue; and WHEREAS, the Colorado Department of Transportation ("CDOT") has awarded the City a funding contract,totaling$295,000,to be used to initiate the design phase for a bicycle/pedestrian trail underpass for the MTC,under the Burlington Northern Santa Fe railroad tracks to connect the University Mall/Whole Foods Shopping Center to the Natural Resources Research Center/Colorado State University Teaching Hospital campus; and WHEREAS,the aforementioned funding contract calls for CDOT to contribute$237,117 in Congestion Mitigation and Air Quality("CMAQ") dollars while the City must provide a required local match of$57,883; and WHEREAS, the City's 2006-2007 budget includes an appropriation, totaling $250,000 in 2006, an estimated contribution from CDOT of$200,000 and a local City match of$50,000, to be used for design of the MTC - Bicycle/Pedestrian Underpass; and WHEREAS,additional appropriations,totaling$45,000,are necessary to fund the difference between the estimated cost included in the 2006 Budget ($250,000) and the contract awarded by CDOT($295,000); and WHEREAS, staff recommends the additional appropriations be funded from the following sources: CDOT - CMAQ funds $ 37,117 General Fund - Prior Year Reserve Designated for Transportation Capital 7,883 Total $ 45,000 WHEREAS, design work for the MTC - Bicycle/Pedestrian Underpass is scheduled to be completed by mid-2007,with the right-of-way and construction phases to be completed by 2008; and WHEREAS, the total estimated cost of the underpass project is $1,350,000 with an additional $1,000,000 included in the 2006-2007 Budget (Proposed 2007 appropriations); and WHEREAS, the City Council adopted Resolution 2006-xxx, on February 21, 2006, authorizing the City to enter into an intergovernmental agreement with CDOT for the receipt of CMAQ funds to be used for the design of the MTC - Bicycle/Pedestrian Underpass; and 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,does not exceed the current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS, Article V, Section 10, of the Charter authorizes the City Council to appropriate by ordinance during the fiscal year such funds for expenditure as maybe available from reserves accumulated in prior year, notwithstanding that such reserves were not previously appropriated; and WHEREAS,City staff has determined that the appropriation ofproceeds from the CDOT CMAQ grant as described herein will not cause the total amount appropriated in the Capital Projects Fund - Mason Transportation Corridor project to exceed the current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS,it is the desire of the Council to appropriate the sum of$37,117 from CDOT CMAQ funds and$7,883 from the General Fund Prior Year Reserve Designated for Transportation Capital to be used for the design of the MTC - Bicycle/Pedestrian Underpass. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That there is hereby appropriated for expenditure from unanticipated revenue in the Capital Projects Fund - Building Community Choices - Mason Transportation Corridor capital project, the sum of THIRTY-SEVEN THOUSAND ONE HUNDRED SEVENTEEN DOLLARS ($31,117) from Colorado Department of Transportation Congestion Mitigation&Air Quality funds to be used for the design of the MTC-Bicycle/Pedestrian Underpass. Section 2. That there is hereby appropriated from the General Fund Prior Year Reserve Designated for Transportation Capital, the sum of SEVEN THOUSAND EIGHT HUNDRED EIGHT-THREE DOLLARS ($7,883) for transfer to the Capital Projects Fund - Building Community Choices - Mason Transportation Corridor capital project, and appropriated therein, to be used for the design of the MTC - Bicycle/Pedestrian Underpass. Introduced,considered favorably on first reading,and ordered published this 21 st day of February, A.D. 2006, and to be presented for final passage on 7th day of March, A. . 2006. May ATTEST: City Clerk Passed and adopted on final reading on the 7th day of March, A.D. 2006. Ma ATTEST: City Clerk