HomeMy WebLinkAbout091 - 08/16/2011 - APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE CAPITAL PROJECTS FUND FOR THE CITY BRIDGE PROGRAM P ORDINANCE NO. 091, 2011
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE CAPITAL PROJECTS
FUND FOR THE CITY BRIDGE PROGRAM PROJECT
WHEREAS, the City has been awarded three grants from the Colorado Department of
Transportation federally funded Colorado Off-System Bridge Program totaling $2,225,932; and
WHEREAS, these three grants are for the replacement of the Shields Street Bridge over
Larimer Canal No. 2 near Rolland Moore Park and the Laporte Avenue Bridge over Arthur Ditch;
and
WHEREAS,based on federal bridge inspection standards,both the Shields Street Bridge and
the Laporte Avenue Bridge are in advanced stages of deterioration and have been identified as
structurally deficient because they do not have the desired load carrying capacities; and
WHEREAS, the total estimated cost of the Shields Street Bridge Replacement and the
Laporte Avenue Bridge Replacement is $3,136,131 which will be funded by federal grants
($2,225,932) and 2011 existing appropriations of($910,199) which will fund the required match;
and
WHEREAS,the City Council has adopted Resolution 2011-058 authorizing the City to enter
into a contract with the Colorado Department of Transportation for the construction of the Shields
Street Bridge Replacement and the Laporte Avenue Bridge Replacement; 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 have 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 during fiscal year 2011.
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 Projects Fund
the sum of TWO MILLION TWO HUNDRED TWENTY-FIVE THOUSAND NINE HUNDRED
THIRTY-TWO DOLLARS ($2,225,932) for expenditure in the Capital Projects Fund for the City
Bridge Program Project.
Introduced,considered favorably on first reading,and ordered published this 19th day of July,
A,D. 2011, and to be presented for final passage on the 16th day of August, A.D. 2011.
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Passed and adopted on final reading on the 16th day of August, A.D. 2011.
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