HomeMy WebLinkAbout055 - 06/02/2009 - AUTHORIZING THE TRANSFER OF APPROPRIATIONS FROM THE DOWNTOWN DEVELOPMENT AUTHORITY FUND TO THE CAPIT ORDINANCE NO. 055, 2009
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE TRANSFER OF APPROPRIATIONS
FROM THE DOWNTOWN DEVELOPMENT AUTHORITY FUND
TO THE CAPITAL PROJECTS FUND, BUILDING ON BASICS, INTERSECTION
IMPROVEMENTS, JEFFERSON STREET/SH14 PROJECT
WHEREAS, the Intersection Improvements, Jefferson Street/SH14 project (the
"Project") includes an. Alternatives Analysis study for improvements along Jefferson
Street/SH14 as well as at the intersection of Jefferson/SH14 and Mountain Avenue to improve
air quality and advance the quality and safety of the transportation environment for all modes of
travel; and
WHEREAS, a wide variety of alternatives will be developed collaboratively with a broad
stakeholder group including representatives from the City, Downtown Development Authority
(the "DDA"), Downtown Business Association, Colorado Department of Transportation
("CDOT"), North Front Range Metropolitan Planning Organization, local residents and
business/property owners, Great Western and Union Pacific railroads, Colorado Motor Carriers
Association, utilities, and other community and regional interests; and
WHEREAS, these alternatives will be extensively evaluated by the project team and
stakeholders using criteria such as capacity to address existing and future traffic volumes; safety,
mobility and accessibility for all modes of travel and vehicle sizes; impact to local businesses,
on-street parking, and railroad operation; and many other factors based upon input from the
project team and stakeholders; and
WHEREAS, the DDA has agreed to provide the City a contribution of$500,000 for the
Project; and
WHEREAS, the City will provide $249,000 in local matching funds for the Project from
the Building on Basics Intersection program; and
WHEREAS, on March 3, 2009, the City Council adopted Ordinance No. 021, 2009
appropriating a $1,000,000 grant from the Colorado Department of Transportation for this
Project; and
WHEREAS, the combined funding from CDOT, the City, and the DDA will total
$1,749,000 and is intended to cover the cost an Alternative Analysis study for the Project; and
WHEREAS, the Alternative Analysis study will provide options such as traditional
roadway and intersection designs as well as roundabouts and other innovative context-sensitive
design solutions based up local, state, and national best-practices; and
WHEREAS, the result of these improvements will be increased safety, improved traffic
flow, creation of a more visually attractive and inviting pedestrian environment; and
WHEREAS, funds are available for transfer to the Capital Projects Fund from existing
appropriations in the Downtown Development Authority Fund and the Building on Basics
Intersection program; 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, Article V, Section 10, of the City Charter authorizes the City Council to
transfer by ordinance any unexpended and unencumbered appropriated amount or portion
thereof from one fund to another fund, provided that the purpose for which the transferred funds
are to be expended remains unchanged.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS as follows:
Section 1. That the unexpended and unencumbered appropriated amount of FIVE
HUNDRED THOUSAND DOLLARS ($500,000) is hereby authorized for transfer from the
Downtown Development Authority Fund to the Capital Projects Fund, Building on Basics,
Intersection Improvements, Jefferson Street/SH14 project and appropriated therein.
Section 2. That there is hereby appropriated in the Capital Projects Fund, Building on
Basics, Intersection Improvements, Jefferson Street/SH14 project the sum of TWO HUNDRED
FORTY NINE THOUSAND DOLLARS ($249,000) for matching funds.
Introduced, considered favorably on first reading, and ordered published this 19th day of
May, A.D. 2009, and to be presented for final passage 4thed of June, A.D. 2009.
ATTEST:
Chief Deputy City Clerk
Passed and adopted on final reading on the 2nd day of Jun D. 2009.
Mayo
ATTEST:
City.Cleik