HomeMy WebLinkAbout001 - 01/20/2004 - APPROPRIATING PRIOR YEAR RESERVES IN THE STREET OVERSIZING FUND AND AUTHORIZING THE TRANSFER OF APPR ORDINANCE NO. 001, 2004
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE STREET OVERSIZING FUND
AND AUTHORIZING THE TRANSFER OF APPROPRIATED AMOUNTS
TO BE USED TO CONSTRUCT IMPROVEMENTS ON ZIEGLER ROAD
FROM TIMBERWOOD DRIVE, SOUTH TO KECHTER ROAD
WHEREAS, with the construction of Fossil Ridge High School and the development of
the Southeast Community Park, arterial street improvements are planned for Ziegler Road
adjacent to the new high school, from Timberwood Drive, south to Kechter Road; and
WHEREAS, during the past two years, staff from the City and Poudre R-1 School
District, have been working on the design plans for Ziegler Road, adjacent to the new Fossil
Ridge Creek High School which is currently under construction; and
WHEREAS, the planned improvements will complete the construction of the east half of
Ziegler Road, including bike lanes, curb, gutter and sidewalk from the Celestica site, on the
north, to Kechter Road on the south (the "Project"); and
WHEREAS, combining the aforementioned development improvements with the park
improvements increases efficiency, reduces costs, minimizes the disruption to the traveling
public, and completes a significant section of arterial roadway; and
WHEREAS, the estimated cost of the Project is $1,066,323; and
WHEREAS, a funding strategy has been developed, and Project funds, totaling
$1,066,323, have been identified and are available from the following sources:
Street Oversizing Fund - Prior Year Reserves (representing
contributions from Poudre R-1 School District) $ 471,063
Street Oversizing Fund - existing appropriations 369,793
Capital Projects Fund- existing appropriations in the
Southeast Community Park project 225,467
Total $ 1,066,323
WHEREAS, upon completion of the bid process, the Project is expected to begin in
March 2004, with construction to be completed prior to the opening of the high school in August
2004; and
WHEREAS, Article V, Section 9 of the Charter of the City of Fort Collins, (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, Article V, Section 10, of the Charter 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 the purpose for which the transferred
funds are to be expended remains unchanged; and
WHEREAS, the purpose for which the previously appropriated funds in the Street
Oversizing Fund ($369,793), and the Capital Projects Fund - Southeast Community Park project
($225,467), were initially appropriated remains the same, and the City Manager has
recommended that said unspent and unencumbered funds be transferred to the Capital Projects
Fund - Ziegler Road Improvements project and that such funds be earmarked for expenditures
associated with improving Ziegler Road, from Timberwood Drive, south to Kechter Road; and
WHEREAS, it is the desire of the Council to appropriate $471,063 from prior year
reserves in the Street Oversizing Fund and authorize the transfer of said amount to the Capital
Projects Fund - Ziegler Road Improvements project, for appropriation therein, and to authorize
the transfer of existing appropriations totaling $369,793 in the Street Oversizing Fund, and
$225,467 in the Capital Projects Fund - Southeast Community Park project, to the Capital
Projects Fund - Ziegler Park Improvements project to be used for expenditures associated with
improving Ziegler Road, from Timberwood Drive, south to Kechter Road.
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 prior year reserves
in the Street Oversizing Fund for transfer to the Capital Projects Fund - Ziegler Road
Improvements project and appropriated therein the sum of FOUR HUNDRED SEVENTY-ONE
THOUSAND SIXTY-THREE DOLLARS ($471,063) to be used for expenditures associated
with improving Ziegler Road, from Timberwood Drive, south to Kechter Road.
Section 2. That the unexpended appropriated amount of THREE HUNDRED
SIXTY-NINE THOUSAND SEVEN HUNDRED NINETY-THREE ($369,793) is hereby
authorized for transfer from the Street Oversizing Fund to the Capital Projects Fund - Ziegler
Road Improvements project and appropriated therein to be used for expenditures associated with
improving Ziegler Road, from Timberwood Drive, south to Kechter Road.
Section 3. That the unexpended appropriated amount of TWO HUNDRED
TWENTY-FIVE THOUSAND FOUR HUNDRED SIXTY-SEVEN DOLLARS ($225,467) is
hereby authorized for transfer from the Capital Projects Fund - Southeast Community Park
project to the Capital Projects Fund - Ziegler Road Improvement project and appropriated therein
to be used for expenditures associated with improving Ziegler Road, from Timberwood Drive,
south to Kechter Road.
Introduced and considered favorably on first reading and ordered published this 6th day
of January, A.D. 2004, and to be presented for final passage on the 20 day of January, A.D.
2004.
ayor
ATTEST:
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City Clerk
Passed and adopted on final reading this 20th day
lof�January, A.D. 2004.
Mayor Pro Tom
ATTEST:
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City Clerk