HomeMy WebLinkAbout146 - 11/15/2011 - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND, MASON CORRIDOR PROJECT FOR THE PUR ORDINANCE NO. 146, 2011
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND,
MASON CORRIDOR PROJECT FOR THE PURCHASE OF ONE RAPID TRANSIT BUS
WHEREAS, the MAX transit system project ("MAX") is a five-mile, north-south byway
extending from Cherry Street to just south of Harmony Road; and
WHEREAS,MAX includes seven park-n-ride lots,eight stations with pedestrian and bicycle
access, eight curb-side stops, and two transit centers; and
WHEREAS, six new buses will be acquired and added to the existing City bus fleet to
provide the MAX service; and
WHEREAS,the City Council has adopted Resolution 2011-096 authorizing the City to enter
into an intergovernmental agreement with the Colorado Department of Transportation ("CDOT")
for the purchase of one of the Max buses; and
WHEREAS, CDOT's FASTER (Funding Advancements for Surface Transportation and
Economic Recovery)funding will provide$500,000,and the local match in the amount of$350,000
will be provided from existing appropriations in the Capital Projects Fund,Mason Corridor Project;
and
WHEREAS, Article V, Section 9, of the City Charter authorizes 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 to be received in that fund during any fiscal year; and
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated from unanticipated revenue from CDOT grant funds in
the Capital Projects Fund the sum of FIVE HUNDRED THOUSAND DOLLARS ($500,000) for
expenditure in the Capital Projects Fund, Mason Corridor Project for the purchase of one rapid
transit bus.
Introduced, considered favorably on first reading, and ordered published this 1st day of
November, A.D. 2011, and to be presented for final passage on the 15th day of November, A.D,
2011.
0�FORT CO Ma A/LP�(idl� .G.GC�
•.<<! y
ATTEST:
SEAL
0
City Clerk COS®RHO
Passed and adopted on final reading on the 15th day of November, A.D. 2011.
C!/
yor
ATTEST: SORT COl
�-k•• •`N
SEAL
City Clerk
COla Cc)R�00
J