HomeMy WebLinkAbout030 - 03/07/2006 - AUTHORIZING THE TRANSFER OF APPROPRIATIONS BETWEEN CAPITAL PROJECTS WITHIN THE WASTEWATER FUND FOR T ORDINANCE NO. 030, 2006
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE TRANSFER OF APPROPRIATIONS
BETWEEN CAPITAL PROJECTS WITHIN THE WASTEWATER FUND
FOR THE PURPOSE OF PURCHASING PROPERTY
WHEREAS, the City's Wastewater Utility (the "Utility") has a time-sensitive opportunity
to purchase certain real property that would expand the land base for the Utility's Biosolids
Program and help buffer the operation of that program; and
WHEREAS, staff has identified funding for this land purchase in the form of existing
appropriations in the City's Wastewater Fund, and unspent and unencumbered appropriations,
totaling $700,000, in the Utility's Drake Water Reclamation Facility ("DWRF") capital project;
and
WHEREAS, the aforementioned appropriations in the DWRF capital project were
budgeted for the purchase of land as a buffer at the facility, but are no longer needed in 2006; and
WHEREAS, the unspent and unencumbered appropriations in the Utility's DWRF capital
project need to be transferred to the Utility's Sludge Disposal Improvements capital project in
order to accommodate the proposed land purchase; and
WHEREAS, Article V, Section 10, of the Charter of the City of Fort Collins authorizes
the City Council to transfer by ordinance any unexpended and unencumbered amount or portion
thereof from one fund or capital project to another fund or capital project, provided that the
proposed transfer is from a fund or capital project account in which the amount appropriated
exceeds the amount needed to accomplish the purpose specified in the appropriation ordinance;
and
WHEREAS, it is the desire of the Council to authorize the transfer of$700,000 from the
Wastewater Fund - Drake Water Reclamation Facility capital project to the Wastewater Fund -
Sludge Disposal Improvements capital project, to be used with existing appropriations for the
potential purchase of property to be used for the Utility's Biosolids Program.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS that the unexpended and unencumbered appropriated amount of SEVEN
HUNDRED THOUSAND DOLLARS ($700,000) is hereby authorized for transfer from the
Wastewater Fund - Drake Water Reclamation Facility capital project to the Wastewater Fund -
Sludge Disposal Improvements capital project, to be used with existing appropriations for the
potential purchase of property to be used for the Utility's Biosolids Program.
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 the 7th day of March, A.D. 2006.
Mayor ,
ATTEST:
)�� -
City Clerk
Passed and adopted on final reading on the 7th day of March, A.D. 2006.
r
w
May
ATTEST:
City Clerk