HomeMy WebLinkAbout093 - 07/15/2014 - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND FOR THE WILLOW STREET IMPROVEMENTS ORDINANCE NO. 093, 2014
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL
PROJECTS FUND FOR THE WILLOW STREET IMPROVEMENTS PROJECT AND
AUTHORIZING THE TRANSFER OF APPROPRIATIONS FROM THE BUILDING ON
BASICS PEDESTRIAN PLAN & ADA IMPROVEMENTS PROJECT INTO THE WILLOW
STREET IMPROVEMENTS PROJECT
WHEREAS, the City has partnered with the Downtown Development Authority (DDA),
the Colorado Department of Transportation, and other interested stakeholders to establish a list
of comprehensive improvements within the Downtown River District to address short-term and
long-term needs; and
WHEREAS, the overarching goal is to create a new sense of place by making the
Downtown River District welcoming, visually pleasing, and ready for infill development; and
WHEREAS, Willow Street improvements have been identified as a high priority; and
WHEREAS, the Willow Street Improvements Project will begin the engineering design
of planning improvements including on-street parking, on-street bike lanes, 10 foot and 20 foot
sidewalks, utility upgrades and improvements, roadway improvements, and urban and culturally
significant design features; and
WHEREAS, pursuant to Resolution 2014-051, which approved an intergovernmental
agreement with the Downtown Development Authority (DDA), the DDA will grant the City
$187,565 for the Willow Street Improvements Project; and
WHEREAS, in 2013, the City received .$57,435 in Development Obligation Funds
related to this project, of which $43,890 has already been appropriated, for a total of$245,000 to
begin the design of the Willow Street Improvements; and
WHEREAS, by the adoption of Ordinance 131, 2013, $43,890 of the Development
Obligation Funds was appropriated last year into the BOB Pedestrian Plan and ADA
Improvements project and will be transferred with this ordinance into the Willow Street
Improvements Project; 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 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
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year; and
WHEREAS, Article V, Section 10, of the City Charter authorizes the City Council to
transfer by ordinance any unexpended and unencumbered appropriated amount or portion thereof
from one fund (project) to another fund (project), 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:
Section 1. That there is hereby appropriated from unanticipated revenue from the
DDA in the Capital Projects Fund the sum of ONE HUNDRED EIGHTY-SEVEN THOUSAND
FIVE HUNDRED SIXTY-FIVE DOLLARS ($187,565) for expenditure in the Willow Street
Improvements Project.
Section 2. That there is hereby appropriated from unanticipated Development
revenue in the Capital Projects Fund the sum of THIRTEEN THOUSAND FIVE HUNDRED
FORTY-FIVE DOLLARS ($13,545) for expenditure in the Willow Street Improvements Project.
Section 3. That the unexpended appropriated amount of FORTY-THREE
THOUSAND EIGHT HUNDRED NINETY DOLLARS ($43,890) of Development Obligation
Funds in the Capital Projects Fund, Building on Basics Pedestrian Plan & ADA Improvements
Project is hereby authorized for transfer to the Willow Street Improvements Project and
appropriated therein.
Introduced, considered favorably on first reading, and ordered published this 1st day of
July, A.D. 2014, and to be presented for final passage on the 15th day of July, A.D. 2014.
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Mayor
ATTEST: �yOF FORDCO
City Clerk �'p •.. ...
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Passed and adopted on final reading on the 15th day of July, A.D. 2014.
Mayor Pr rem
ATTEST:
DEA
City ClerkSE
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