HomeMy WebLinkAbout017 - 03/06/2012 - APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE CAPITAL PROJECTS FUND FOR THE CITY BRIDGE PROGRAM P ORDINANCE NO. 017, 2012
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 a grant from the Colorado Department of
Transportation's Off-System Bridge Program for$552,000 (the "Grant"); and
WHEREAS,the Grant is for the replacement ofthe Bryan Avenue Bridge(the"Bridge")over
Larimer Canal No. 2, which bridge is located just north of the Poudre Fire Authority fire station by
City Park; and
WHEREAS,based on federal bridge inspection standards,the Bridge has been identified as
structurally deficient because it does not have the desired load carrying capacity; and
WHEREAS,the total estimated cost of the Bryan Avenue Bridge Replacement is$1,040,000,
which will be funded by the Grant, the existing appropriation of$138,000 in the Capital Projects
Fund - City Bridge Program which will meet the required local match for the Grant, and by the
existing appropriation of $350,000 in the Keep Fort Collins Great Fund - City Bridge Program
Project; and
WHEREAS,the City Council has adopted Resolution 2012-009 authorizing the City to enter
into a contract with the Colorado Department of Transportation for the construction of the Bryan
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 Grant revenue
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 2012.
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 FIVE HUNDRED FIFTY-TWO THOUSAND DOLLARS ($552,000) for expenditure
in the Capital Projects Fund for the Ciiy Bridge Program Project.
Introduced, considered favorably on first reading, and ordered published this 21st day of
February, A.D. 2012, and to be presented for final passage on the 6th day of March, A.D. 2012.
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Passed and adopted on final reading on the 6th day of March, A.D. 2012.
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