HomeMy WebLinkAbout106 - 08/15/2006 - APPROPRIATING UNANTICIPATED REVENUE IN THE GENERAL FUND FOR THE DEVELOPMENT OF THE NORTH FORT COLLI ORDINANCE NO. 106, 2006
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE GENERAL FUND
FOR THE DEVELOPMENT OF THE NORTH FORT COLLINS BUSINESS
ASSOCIATION ACTION PLAN
WHEREAS, on November 15, 2005, the City Council adopted Resolution 2005-123
allocating $19,000 from the Community Development Block Grant ("CDBG") Program to the
North Fort Collins Business Association (the "NFCBA") to develop an Action Plan outlining
redevelopment strategies for the North College Avenue commercial corridor; and
WHEREAS, the approved proposal contained a pledge of a$1,000 contribution from the
NFCBA for the Action Plan project; and
WHEREAS,the approved funding also contained two conditions,namely,that the NFCBA
utilize the City's RFP and bidding process to select consulting services for the project and that the
project be administered by City staff, and
WHEREAS,City staff worked with representatives of the NFCBA in the RFP process and
the interview panel unanimously selected PMG Associates, Inc. from Deerfield Beach, Florida,
as the choice to be awarded the contract for the development of the Action Plan; and
WHEREAS, the City needs to appropriate the$1,000 to be received from the NFCBA for
the completion of the Action Plan; and
WHEREAS,Article V,Section 9,of the Charter of the City of Fort Collins 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, City Staff has determined that the appropriation of the NFCBA funds, as
described herein, will not cause the total amount appropriated in the General Fund to exceed the
current estimate of actual and anticipated revenues to be received in that fund during the fiscal
year.
NOW,THEREFORE,BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated from unanticipated revenue in the General Fund the
sum of ONE THOUSAND DOLLARS ($1,000) for expenditure in the General Fund for the
completion of the Action Plan outlining redevelopment strategies for the North College Avenue
commercial corridor.
Introduced and considered favorably on first reading,and ordered published this 18th day of
July, A.D. 2006, and to be presented for final passage on the ;day August, A.D. 2006.
Mayor
A EST:
J
City Clerk
Passed and adopted on final reading this I day of gust, A.D. 2006.
MayorO
. TTEST:
City Clerk