HomeMy WebLinkAbout013 - 02/17/2009 - APPROPRIATING UNANTICIPATED FEDERAL DEPARTMENT OF ENERGY GRANT REVENUE IN THE LIGHT AND POWER FUND ORDINANCE NO. 013, 2009
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED FEDERAL DEPARTMENT OF ENERGY
GRANT REVENUE IN THE LIGHT AND POWER FUND
WHEREAS, the City has been awarded a grant in the amount of$6,323,380 (the "Grant")
from the Department of Energy(DOE)via Resolution 2008-106 which authorized the City Manager
to execute an agreement with the DOE to enter into subcontract agreements with project partners that
outline,per the grant submittal, how matching funds are contributed and DOE funds are distributed
among the partners; and
WHEREAS,the project will modernize and transform a portion of the electrical distribution
system in the City by developing and demonstrating a coordinated and integrated system of mixed
distributed electric resources, including renewable generation (solar), rotary- based and inverter-
based generation,and demand response methods,that will reduce peak loads on multiple distribution
feeders in the downtown area by up to 30% and deliver improved efficiency and reliability; and
WHEREAS, the City has worked with several cooperating government and private entities
to create a unique combination of world-class research facilities, global industry leaders and local
entrepreneurs to develop and plan the project; and
WHEREAS, the project partners working with the City to provide matching contributions
and to implement the project included Colorado State University, Larimer County, the Governor's
Energy Office, New Belgium Brewing Company, Advanced Energy, Brendle Group, Caterpillar,
Eaton, Spirae, and Woodward Governor; and
WHEREAS, the grant will be disbursed over a three year period; and
WHEREAS, the Utilities staff will administer the grant requesting reimbursements for the
City and project partners, filing the appropriate federal grant reports, tracking grant expenditures,
and coordinate activities among the partners. The City of Fort Collins Utilities will request funding
from the Department of Energy and reimburse partners for their agreed upon contributions; 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 Grant from the
Department of Energy via Resolution 2008-106 as described herein will not cause the total amount
appropriated in the Light and Power 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 grant revenue in the Light and Power
Fund the sum of SIX MILLION THREE HUNDRED TWENTY THREE THOUSAND THREE
HUNDRED AND EIGHTY DOLLARS ($6,323,380)for expenditure in the Light and Power Fund
for the modernization and transformation of portion of the electrical distribution system in the City
is hereby adopted for the year 2009.
Introduced, considered favorably on first reading, and ordered published this 3rd day of
February, A.D. 2009, and to be presented for final passage on the ay of February, A.D. 20 9.
Mayor
17'AT.TEST:
City Clerk
Passed and adopted on final reading on the 17th day of February, A.D. 2009.
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May
ATTEST:
0
City Clerk