HomeMy WebLinkAbout021 - 02/19/1980 - APPROPRIATING FUNDS FROM ACCUMULATED RESERVES IN THE LIGHT AND POWER UTILITY FOR CONSTRUCTION OF THE ORDINANCE NO 21 1980
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING FUNDS FROM ACCUi,,ULATED RtSERVES
IN THE LIGHT AND POtER UTILITY FOR CONSTRUCTION
OF THE HARMONY SUBSTATION
tdHEREAS, plans to increase the capacity of Drake Substation, the
present capacity of which will be exceeded in March 1981 , have been re-
evaluated because of increasing growth and large load concentrations
developing in east and south Fort Collins, and
WHEREAS, it has become apparent that construction of the Harmony
Substation at this time is required to serve southeast Fort Collins in the
early 1980' s, and
WHEREAS, completion of the harmony Substation by March 1981 , when
Drake ' s capacity is expected to be reached , requires that design and
equipment purchases proceed on an expedited basis, and
WHEREAS, an appropriation is needed from the Light and Power capital
reserve funds to the 1980 capital budget in the amount of One Million Three
Hundreo Seventeen Thousand Four Hundred Sixty Dollars (S1 ,317,460) ,
and
WHEREAS, the expenditure of such funds was not anticipated at the time
of preparation of the annual budget for 1980 and accordingly such funds
were not appropriated for expenditure in 1980, and
WHEREAS, the City has accumulated in prior years unappropriated
reserves in the Light and Power Utility Fund which the Council can author-
ize expending for sucri purposes pursuant to Section 8, Article V of the
Charter of the City of Fort Collins
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows
Section 1 That the sum of One Million Three Hundred Seventeen
Thousand Four Hundred avid Sixty Dollars ($1 ,317,460) is hereby appropri-
ated from reserves accumulated in prior years in the Light and Power
Utility Fund, said monies to be utilized as described on Exhibit "A" ,
attacried hereto
Section 2 That the City Manager be, and he hereby is, authorized and
directed to expend said sums for the construction of the Harmony Substation
Introduced, considered favorably on first reading, and orderea pub-
lished this 5th day of February A D 1980, and to be presented
for final passage on the Oth day Febr ar A D 1980
AfiTEST
y Clerh
Passed and adopted on final reading this 19th aay of February ,
1980
Playor
A E T
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EXHIBIT A
1
1"�Ci9�ti � !IA'Iil� f,TIOi, 1ST TRANSFCJ dATION
J J�� - 1J ' i IJ y Jt,Ct.1 , , I � .. I • l I 1, J 1 J Il- � _JSJ J!
Li ansformers L 1 Ln Todd cap Cnc Tjer S, Isgocic tell sw, tcJi jL�( , p ld d,_,lgn c r'd'
construction, protective relayinj, remote terminal unit, and underground duct banks
Original Budget 411 ,3130 Date 5-24-79
revised Budget 2,076 04t, Date 1 11 -80
Project Number 2612
OP OJECT PMOR TO BUD REV EST EST
EXPENDITURES 1979 1979 1979 1930 1951 TOTAL
Personal Services
Direct Labor 50,000 19,000
Benefits 11 ,200 4,25-0
Contract Services 27,990 6,000
Commodities 1,772,000
Direct Charge i4at' ls 35,000
llarehOUSe 1.at' 1 s
Capital Outlay 150,600 _ —
y TOTAL DIPFCT C0�_ -0- 1 Pq�. 190 9° ?56 2,076 -0'1.6-
PROJECT
;RESOURCES
Sales Tar
Fccs - Elec Reb,PUCS 150 600 -0- -0- 1 ,896,190 29 256 1,925 4<<E
Grants
Con tr.hut ions-
In-Aid
A'scssiblc Costs —
TOTAL 15c),600 -0- -0 1 896 190 29,256 1 ,925 a4t
I COi it.ENTS
G?=r^�ATlOiJ cs i+1A1'JTr iinifL;=
E'^-7 ENDaTUrES
Ptrsoral Services
C J'Itrtict J a I Sr J irPS
CrJrhloditles
,J Capital Ojtld,
TOTAL
1
CCI IE.ITS
I: OF FORT COLLINS —
PROJEECT TITLE. DRAr E SUPWATIN, 2ND Tr Ai SFONIER
I
L
I r. W1 IS' I 1 a _)IId Jvl 111 r ) _ rC rlJl arl^_r LU
p ov,de ,ncitased delivery capdc, ty ,n the at Pas adjacent to Dra' e Substation
Original Buaget 1 ,102, 176 Date 5-24-79
F=vised Budget 759,576 DI?te 1-03-80
Project I;umber 2616
PROJECT PRIOR TO BUD REV EST EST
EXPENDITURES 1979 1979 1979 19S0 1981 TOTAL
Personal Services
Direct Labor 11 ,791 99,641 13,072
Benefits 2,641 13,359 2,928
Co,itract Services 2,000
CoTmodit,es
Direct Charge Hat'ls 110,068 41 ,100
2
Varehouse irat' ls ,000
C,altal Outl -1y - -�
1 TOTAL DIRECT COST 125 896 763, 170 12rE,50O 491 ,15U 18,000 759
576
PRO,'--CT
RESOURCES
Sales Ta,
Fees - Elec Revenues 125,896 7635170 124,500 491 ,130 18,000 759,576
r,-tints
C n ,bvt, Tins-
i --
n-A-Aid
4,,c.ss,bl(_
TOTAL 125,316 763 170 124 500 491 ,180 13,000 759,576
CO olEIITS
i
i
O�EPATIOPI MTEi4ANCF_
E"PENDITURES
I Personal Serv, cps
Contractudl Services
C-- lodiLICS
! Cc ,"r, tat OUtI a,
1
i TOfAL
C01 IEI7TS
GITY GF FO 3 r COLL1 IS