HomeMy WebLinkAbout018 - 02/16/1999 - APPROPRIATING UNANTICIPATED REVENUE IN THE TRANSPORTATION SERVICES FUND FOR SAFETY IMPROVEMENTS TO 1 ORDINANCE NO. 18, 1999
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
TRANSPORTATION SERVICES FUND FOR SAFETY
IMPROVEMENTS TO 18 TRAFFIC SIGNALS ON THE
COLLEGE AVENUE CORRIDOR
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,Article V, Section 10.of the Charter authorizes the City Council to transfer by
ordinance any unexpended appropriated amount or portion thereof from one fund or capital project
to another fund or capital project, if the purpose for which the transferred funds are to be expended
remains unchanged; and
WHEREAS, the City Council adopted Resolution 99-13, on February 2, 1999, authorizing
the City to enter into a contract with the Colorado Department of Transportation (CDOT) for the
receipt of federal highway safety funds to be used to upgrade eighteen(18)traffic signals along the
College Avenue corridor, including the installation of new signal heads, faces and backplates to
improve visibility and eliminate background light(the -Project"); and
WHEREAS,the estimated cost of the Project is Seventy-Two Thousand Six Hundred Dollars
($72,600); and
WHEREAS, CDOT has made available to the City, federal highway safety funds in the
maximum amount of Sixty-Five Thousand Three Hundred Forty Dollars ($65,340) to fund the
Project; and
WHEREAS,local funds,totaling Seven Thousand Two Hundred Sixty Dollars($7,260)have
been identified and are appropriated in the 1999 Traffic Operations budget within the Transportation
Services Fund; and
WHEREAS, it is the desire of the Council to appropriate the sum of$65,340 in federal
highway safety funds and authorize the transfer of$7.260 in local matching funds to be used to
upgrade eighteen traffic signals along the College Avenue corridor.
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 Transportation Services Fund, the sum of SIXTY-FIVE THOUSAND THREE HUNDRED
FORTY DOLLARS($65,340)upon receipt from the Colorado Department of Transportation federal
highway safety funds to be used to upgrade eighteen (l 8) traffic signals along the College Avenue
corridor.
Section 2. That the unexpended appropriated amount of SEVEN THOUSAND TWO
HUNDRED SIXTY DOLLARS ($7,260) is hereby authorized for transfer from operations dollars
in the Transportation Services Fund, 1998 Traffic Operations budget,to the Federal Highway Safety
Project in the Transportation Services Fund to be used to upgrade eighteen(18)traffic signals along
the College Avenue corridor.
Introduced and considered favorably on first reading and ordered published this 2nd day of
February, A.D. 1999, and to be presented for final passage on the 16th day of Febru4q(�'A.D. 1999.
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 16th day of Febrvag, A.D. 1999. ,
N)laV'or �...
ATTEST:
- �)e� 4t�,& 'A
City Clerk