HomeMy WebLinkAbout141 - 11/05/2013 - APPROPRIATING UNANTICIPATED REVENUE FROM THE PUBLIC SERVICE COMPANY INTO THE CAPITAL PROJECTS FUND F ORDINANCE NO. 141, 2013
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE FROM THE PUBLIC
SERVICE COMPANY INTO THE CAPITAL PROJECTS FUND FOR THE TRAIL
ACQUISITION AND DEVELOPMENT - SPECIAL FUNDS PROJECT
WHEREAS, pursuant to Ordinance Nos. 008, 009, 010, and 011, 2013, as adopted by the
City Council in January 2013, the Public Service Company has paid to the City $2 million in
exchange for certain easements across natural areas in the City; and
WHEREAS, Public Service Company sought the easements in order to complete its west
main natural gas pipeline project through portions of the Coyote Ridge, Colina Mariposa,
Hazaleus, and Kingfisher Natural Areas; and
WHEREAS, these funds are to be used on projects which help mitigate the impacts of the
easements on the community; and
WHEREAS, City staff recommends that $1,000,000 of these funds be used for the
construction of a ten-foot wide concrete regional trail on the east side of Shields Street from
Fossil Creek Drive to Trilby Road; and
WHEREAS, City Council approved completion of this regional trail in the adopted Parks
and Recreation Policy Plan; and
WHEREAS, $750,000 for natural areas was previously appropriated in Ordinance No.
90, 2013, leaving $1,250,000 for other projects including the $1,000,000 to be appropriated with
this ordinance into the Capital Projects Fund Trail Acquisition and Development - Special Funds
Project; and
WHEREAS, Article V, Section 9, of the City Charter permits 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 all unanticipated Public
Service Company revenue, as described herein, will not result in total appropriations in excess
of the current estimate of actual and anticipated revenues for fiscal year 2013.
WHEREAS, Article V, Section 10(b), of the City Charter authorizes the City Council to
transfer by ordinance any unexpended and unencumbered appropriated amount or portion thereof
from one fund to another fund, provided that the purpose for which the transferred funds are to
be expended remains unchanged.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT.COLLINS as follows:
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Section 1. That there is hereby appropriated for expenditure from unanticipated
revenue in the Capital Projects Fund the sum of ONE MILLION DOLLARS ($1,000,000) for the
Trail Acquisition and Development - Special Funds Project.
Section 2. That the unexpended appropriated amount of SEVEN THOUSAND
EIGHT HUNDRED DOLLARS ($7,800) in the Capital Projects Fund - Trail Acquisition and
Development - Special Funds Project is hereby authorized for transfer to the Cultural Services
and Facilities Fund - Art in Public Places Project and appropriated therein for the Art Project.
Section 3. That the unexpended appropriated amount of TWO THOUSAND TWO
HUNDRED DOLLARS ($2,200) in the Capital Projects Fund - Trail Acquisition and
Development - Special Funds Project is hereby authorized for transfer to the Cultural Services
and Facilities Fund and appropriated therein for the Art in Public Places Program Maintenance
and Operations.
Introduced, considered favorably on first reading, and ordered published this 15th day of
October, A.D. 2013, and to be presented for final passage on the 5th day of November, A.D.
2013.
F0RT COO
pF XZ Mayor
ATTEST:
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City Clerk COLORP`�
Passed and adopted on final reading on the 5th day of November, A:D. 2013.
Mayor 10ro Tem
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ATTEST: O\NY OF��
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