HomeMy WebLinkAbout022 - 03/03/2009 - APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE CAPITAL PROJECT FUND FOR THE BUILDING ON BASICS PED ORDINANCE NO. 022, 2009
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE
CAPITAL PROJECT FUND FOR THE BUILDING ON BASICS PEDESTRIAN
PLAN PROJECT, LINDEN STREET STREETSCAPE PROJECT, PHASE I
WHEREAS, Linden Street is the link between the Old Town Square and the area known
locally as the "Downtown River District" which includes existing and future residential areas,
cultural and arts venues, commercial and retail centers, and industrial businesses; and
WHEREAS,Linden Street between Walnut Street and Jefferson Street was improved several
years ago and serves as an inviting extension of Old Town Square for driving,walking,or bicycling;
and
WHEREAS, the section of Linden Street north of Jefferson Street/State Highway 14, is
uninviting and hazardous, primarily because of the current levels of automobile and truck traffic
coupled with the lack of continuous sidewalks, bike lanes, and streetscape and landscape features;
and
WHEREAS,the proposed pedestrian,bicycle,roadway and streetscape improvements along
Linden Street will include attractive and functional sidewalks, bikelanes, landscaping, street trees,
and designated on-street parking areas (the "Project"); and
WHEREAS,in accordance with the vision and goals of the Downtown River District Project
report that was adopted by the City and the Downtown Development Authority(the"DDA")in 2008,
the City and DDA staff set out to find resources to begin implementation of the proposed
improvements in the Downtown River District; and
WHEREAS, the Colorado Department of Transportation ("CDOT") has awarded the City
a Transportation Enhancement Program grant of $250,000 for streetscape improvements along
Linden Street from Jefferson/SH14 to the Poudre River; and
WHEREAS,the City will provide$250,000 in local matching funds from the City's existing
Building on Basics Pedestrian Plan project; and
WHEREAS, the DDA Board of Directors approved $500,000 for this Project; and
WHEREAS,the DDA and City staff will submit an intergovernmental agreement to the City
Council in March to define the parties' agreement concerning the Project and to appropriate the
DDA funding for the Project; and
WHEREAS,the combined funding from CDOT, City, and the DDA totals $1,000,000 and
is intended to cover the cost of design,engineering,right of way,and construction for Phase I of the
Project; and
WHEREAS, Article V, Section 9, of the City 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 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 revenue as described
herein will not cause the total amount appropriated in the Capital Projects Fund to exceed the current
estimate of actual and anticipated revenues to be received in that fund during any 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 Capital Project Fund
the sum of TWO HUNDRED FIFTY THOUSAND DOLLARS ($250,000) for the Building on
Basics - Pedestrian Plan Project, Linden Street Streetscape, Phase I.
Introduced, considered favorably on first reading, and ordered published this 17th day of
February, A.D. 2009, and to be presented for final pas4onthd day of March, A.D. 2009.
.ATTEST:
A L
City Clerk
Passed and adopted on final reading on the 3rd day of March, A.D. 2009.
May
ATTEST:.
"Its.
City Clerk