HomeMy WebLinkAbout014 - 02/17/2015 - APPROPRIATING UNANTICIPATED GRANT REVENUE FROM FEDERAL FISCAL YEAR 2014 FEDERAL TRANSIT ADMINISTRATI ORDINANCE NO. 014, 2015
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED GRANT REVENUE FROM FEDERAL FISCAL
YEAR 2014 FEDERAL TRANSIT ADMINISTRATION SECTION 5307 AND
SECTION 5339 GRANTS FOR TRANSIT OPERATIONS AND PASS-THROUGH TO
PARTNER TRANSIT AGENCIES
WHEREAS, the City has been awarded $879,443 in Federal Transit Administration (the
"FTA") Section 5307 and Section 5339 grant funding from federal fiscal year (FFY) 2014; and
WHEREAS, the City has entered into agreements with its three Transportation
Management Area (the "TMA") partner agencies to provide local funding in exchange for the
partner's allocation of federal formula funding; and
WHEREAS, the TMA partner agencies include the City of Loveland, the Town of
Berthoud, and the North Front Range Metropolitan-Planning Organization; and
WHEREAS, this Ordinance will appropriate the FTA grant award in the amount of
$879,443; and
WHEREAS, a sum in the amount of$668,616 of the ETA grant funding shall be passed
through to the TMA partner agencies per the exchange agreements; and
WHEREAS, the Transportation Advisory Commission and the Metropolitan Planning
Organization have approved the exchange of federal and local funds between the TMA partners;
and
WHEREAS, the balance of FTA grant funding in the amount of$210,827 will be used to
fund increases to Transfort operations for 2015; 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.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS as follows:
Section 1. . That there is hereby appropriated for expenditure from unanticipated
revenue in the Transit Fund the sum of SIX HUNDRED SIXTY EIGHT THOUSAND SIX
HUNDRED SIXTEEN DOLLARS ($668,616) to provide federal funding to the City's TMA
partner agencies in exchange for local funding.
Section 2. That there is hereby appropriated for expenditure from unanticipated
revenue in the Transit Fund the sum of TWO HUNDRED TEN THOUSAND EIGHT
l
HUNDRED TWENTY SEVEN DOLLARS ($210,827) to fund increases to Transfort operations
for 2015.
Introduced, considered favorably on first reading, and ordered published this 3rd day of
February, A.D. 2015, and to be presented for final passage on the 17th day of February, A.D.
2015.
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City Clerk
Passed and adopted on final reading on the 17th day of February, A.D. 2015.
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