HomeMy WebLinkAbout046 - 05/16/2000 - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND 1/4 CENT NATURAL AREAS CAPITAL PROJ ORDINANCE NO. 46, 2000
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
CAPITAL PROJECTS FUND 1/4 CENT NATURAL AREAS CAPITAL PROJECT
FOR REIMBURSEMENT TOWARD THE PURCHASE PRICE OF A 139-ACRE
PORTION OF THE CATHY FROMME PRAIRIE ACQUIRED IN 1995
WHEREAS,in September 1995,the City of Fort Collins was awarded a$400,000 grant from
Great Outdoors Colorado (GOCO), to be used to purchase 139-acres of property from G.D.
McGarvey and Lee A. Stark for$1,314,517,which is a now part of the Cathy Fromme Prairie; and
WHEREAS, the aforementioned 139-acre parcel was acquired using funding from the
dedicated 0.25 cent Sales and Use Tax which went into effect in January of 1993 and expired in
December of 1997; and
WHEREAS, the City Council is concurrently considering Ordinance No. 45, 2000 which
when adopted on second reading on May 16, 2000 will authorize the City to enter into an
intergovernmental agreement with Great Outdoors Colorado for receipt of GOCO funds, totaling
$400,000,as a partial reimbursement for the acquisition of the 139-acre property acquired from G.D.
McGarvey and Lee A. Stark, in exchange for the imposition of a deed restriction or conservation
easement to protect the property from uses contrary to the purposes of the grant; and
WHEREAS,the reimbursement by GOCO will be appropriated in the 1/4 CentNatural Areas
Capital Project where said appropriations will be available for the acquisition and development of
open space, trails and natural areas as identified in the Natural Areas Policy Plan; 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 then current estimate of actual
and anticipated revenues to be received during the fiscal year.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated for expenditure from unanticipated revenue in the
Capital Projects Natural Areas capital project, the sum of FOUR HUNDRED THOUSAND
DOLLARS ($400,000), upon receipt from Great Outdoors Colorado to be used for the acquisition
and development of open space, trails and natural areas.
Introduced and considered favorably on first reading and ordered published this 2nd day of
May, A.D. 2000, and to be presented for final passage on the 16th day of May, A.D. 2000.
Mayor
ATTEST:
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City Clerk
Passed and adopted on final reading this 16th day of May, A.D. 2000.
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Mayor
ATTEST:
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