HomeMy WebLinkAbout078 - 07/19/2011 - APPROPRIATING UNANTICIPATED GRANT AND OTHER REVENUE IN THE CONSERVATION TRUST FUND FOR THE HUGHES ST ORDINANCE NO. 078, 2011
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED GRANT AND OTHER REVENUE IN THE
CONSERVATION TRUST FUND FOR THE HUGHES STADIUM DISC GOLF COURSE
WHEREAS,the City has been awarded a grant in the amount of$85,000(the"Grant")from
Great Outdoors Colorado ("GOCO") for the completion of the Hughes Stadium Disc Golf Course;
and
WHEREAS,the project involves the development of an 18-hole disc golf course at Hughes
Stadium in conjunction with Colorado State University; and
WHEREAS,this partnership with Colorado State University allows for efficiencies and cost
savings related to the design effort and for construction costs; and
WHEREAS, the course will include new trees and shrubs, a new access road from County
Road No. 42C, and the course tee areas and baskets; and
WHEREAS,the total project will cost$135,000 and is funded from the following sources:
Great Outdoors Colorado grant($85,000),in-kind donations($1,300),and Conservation Trust Fund
Reserves ($48,700); 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, Article V, Section 9, of the City Charter authorizes the City Council to
appropriate by ordinance at any time during the fiscal year such funds for expenditure as may be
available from reserves accumulated in prior years, notwithstanding that such reserves were not
previously appropriated.
WHEREAS, City staff has determined that the appropriation of the grant and other revenue
as described herein will not cause the total amount appropriated in the Conservation Trust 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 as follows:
Section 1. That there is hereby appropriated from unanticipated revenue in the
Conservation Trust Fund the sum of EIGHTY FIVE THOUSAND DOLLARS ($85,000) in grant
revenue and ONE THOUSAND THREE HUNDRED DOLLARS ($1,300) consisting of in-kind
donations,for expenditure in the Conservation Trust Fund for the completion of the Hughes Stadium
Disc Golf Course.
Section 2. That there is hereby appropriated from prior year reserves in the Conservation
Trust Fund the sum of FORTY-EIGHT THOUSAND SEVEN HUNDRED DOLLARS ($48,700)
for expenditure in the Conservation Trust Fund for the completion of the Hughes Stadium Disc Golf
Course.
Introduced,considered favorably on first reading,and ordered published this 5th day of July,
A.D. 2011, and to be presented for final passage on the 19th day of July, A.D. 2011.
�Q� T0Rr
• °•�� ayor
e
ATTEST:
= 00
REAL
0.
e �
City Clerk
COL ORAoO
Passed and adopted on final reading on the 19th day of July, A.D. 2011.
ayor
ATTEST: �OF FOR7-
G: ,Z
�E.AL
City Clerk
..........o
OLORA�