HomeMy WebLinkAbout138 - 12/18/2012 - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND, MASON CORRIDOR PROJECT ORDINANCE NO. 138, 2012
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
CAPITAL PROJECTS FUND, MASON CORRIDOR PROJECT
WHEREAS,the MAX Bus Rapid Transit project("MAX BRT") is a five-mile,north-south
byway extending from the Downtown Transit Center at Maple Street to approximately one-fourth
mile south of Harmony Road; and
WHEREAS, MAX BRT includes six park-n-ride locations, twelve stations/stops, and two
transit centers; and
WHEREAS,the University Station is one of twelve MAX BRT stations along the byway and
is located on the Colorado State University ("CSU") campus south of University Street; and
WHEREAS, CSU has requested several enhancements to the University Station including
decorative fencing, an enhanced landscaped plaza, additional walkway lighting, spare
communication conduits,and an upsized storm drainage system to accept CSU storm water runoff,
and
WHEREAS, these items are outside the scope of the required infrastructure for the MAX
BRT stations and thus ineligible for federal funds identified for the MAX BRT project; and
WHEREAS, CSU has agreed to fund the additional expenses associated with these
improvements in the amount of$806,380; 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 has 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.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated from unanticipated revenue from Colorado State
University in the Capital Projects Fund the sum of EIGHT HUNDRED SIX THOUSAND THREE
HUNDRED EIGHTY DOLLARS ($806,380) for expenditure in the Capital Projects Fund, Mason
Corridor Project.
Introduced, considered favorably on first reading, and ordered published this 4th day of
December, A.D. 2012, and to be presented for final passage on the 18th day of December, A.D.
2012.
OF FONT
'c0 May r
ATTEST: �
�r
uZ,
,ZOPADO
City Clerk
Passed and adopted on final reading on the 18th day of December, A.D. 2012.
FORT CO<<i Ma r
ATTEST: _�: A •'yin
•COLO<ZPO
City Clerk