HomeMy WebLinkAbout075 - 06/03/2014 - APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE CAPITAL PROJECTS FUND FOR THE NORTH COLLEGE IMPROVE ORDINANCE NO. 075,2014
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE CAPITAL
PROJECTS FUND FOR THE NORTH COLLEGE IMPROVEMENTS - CONIFER TO
WILLOX PROJECT AND AUTHORIZING THE TRANSFER OF APPROPRIATIONS FROM
THE NORTH COLLEGE IMPROVEMENTS - VINE TO CONIFER PROJECT INTO THE
NORTH COLLEGE IMPROVEMENTS - CONIFER TO WILLOX PROJECT
WHEREAS, as a result of previous capital improvement projects, much of North College
Avenue has been reconstructed to current City street standards; and
WHEREAS, the section of North College Avenue from Conifer Street to Willox Lane
(hereafter the "Project') is the remaining section of North College Avenue, within the City
limits, that requires improvements to complete the City's vision for this corridor; and
WHEREAS, the Project improvements will include multimodal improvements, access
definition/consolidation, urban design improvements, raised landscaped medians, utility
upgrades and new pavement; and
WHEREAS, the North Front Range Metropolitan Planning Organization awarded the
City $2,934,000 in federal funds for design improvements and to begin right-of-way acquisition
along North College Avenue from Conifer Street to Willox Lane; and
WHEREAS, $1,426,000 of the available federal funds were appropriated last year with
Ordinance No. 16, 2012, and the purpose of this Ordinance is to appropriate the remaining
Federal funds available in the amount of$1,508,000 for the Project; and
WHEREAS, the City, in partnership with the Colorado Department of Transportation
sought available Responsible Acceleration of Maintenance and Partnerships (RAMP) funds and
$3,894,000 was awarded to the City for use on the Project; and
WHEREAS, savings in the amount of $1.6 million have been identified in the North
College Improvements - Vine to Conifer Project and these appropriations are requested for
transfer to the 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
year; and
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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 federal grant revenue
in the Capital Projects Fund the sum of FIVE MILLION FOUR HUNDRED TWO THOUSAND
DOLLARS ($5,402,000) for expenditure on the North College Improvements - Conifer to
Willox Project.
Section 2. That the unexpended appropriated amount of ONE MILLION SIX
HUNDRED THOUSAND DOLLARS ($1,600,000) in the Capital Projects Fund, North College
Improvements - Vine to Conifer Project is authorized for transfer to the North College
Improvements - Conifer to Willox Project and appropriated therein.
Introduced, considered favorably on first reading, and ordered published this 20th day of
May, A.D. 2014, and to be presented for final passage on the 3rd day.of June, A.D. 2014.
GN'TY OFF;Op�' Mayor
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ATTEST: •.0
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City Clerk
Passed and adopted on final reading on the 3rd day of June, A.D. 2014.
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ATTEST: OF FORT
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City Clerk
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