HomeMy WebLinkAbout002 - 01/16/2018 - APPROPRIATING UNANTICIPATED GRANT REVENUE FROM THE COLORADO DEPARTMENT OF TRANSPORTATION FASTER TRAN ORDINANCE NO. 002, 2018
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED GRANT REVENUE FROM THE COLORADO
DEPARTMENT OF TRANSPORTATION FASTER TRANSIT PROGRAM GRANT IN THE
TRANSIT SERVICES FUND AND APPROPRIATING PRIOR YEAR RESERVES IN THE
TRANSIT SERVICES FUND AS A GRANT MATCH FOR THE PURCHASE OF TWO NEW
BUSES FOR TRANSFORT'S REGIONAL FLEX ROUTE TO LONGMONT AND BOULDER
WHEREAS, FLEX is a regional bus route serving stops between Fort Collins, Loveland,
Berthoud and Longmont, made possible through a regional partnership and operated by Transfort;
and
WHEREAS, ridership of FLEX regional routes has continued to increase year over year
since its initial launch in 2009, adding routes to Boulder in 2015; and
r
WHEREAS, Transfort competed in, and was awarded, a FASTER grant from the Colorado
Department of Transportation ("CDOT") in the amount of$960,000 for the purchase of two new
buses,which will be branded and used exclusively for FLEX service, but otherwise will be-similar
to other vehicles in the Transfort fleet (the "Grant"); and
WHEREAS, a condition of the Grant is the City must provide a local match of$240,000
for purchase of the buses, which amount will come from Transit Services Fund reserves; and
WHEREAS,this Ordinance appropriates$1,200,000,which amount includes the Grant and
local matching funds for the purchase of the buses; and
WHEREAS, the purchased buses will replace others in the fleet that have met or exceeded
their expected useful life; and
WHEREAS, purchasing the buses will allow Transfort to improve air quality by replacing
two diesel fuel buses with compressed natural gas buses and, as a result, Transfort will see
significant savings in maintenance and fuel costs moving forward; 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 Transit Services Fund to exceed the
current estimate of actual and anticipated revenues to be received in that fund during any fiscal
year; and
1
-1-
t
WHEREAS, Article V, Section 9 of the City Charter permits the City Council to
appropriate by ordinance at any time during the fiscal year such funds for expenditure as may be
available from reserves accumulated in prior years, notwithstanding that such reserves were not
previously appropriated; and
WHEREAS, City staff have determined that the appropriations as described herein are
available and previously unappropriated in the Transit Services Fund; and
WHEREAS, City Council has determined that appropriating $1,200,000 for the purchase
of two new Transfort buses is in the City's best interest and enhances public health, safety and
welfare.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the City Council hereby makes and adopts the determinations and
findings contained in the recitals set forth above.
Section 2. That there is hereby appropriated for expenditure of unanticipated revenue
in the Transit Services Fund the sum of NINE HUNDRED SIXTY THOUSAND DOLLARS
($960,000) for additional bus services.
Section 3. That there is hereby appropriated for expenditure from reserves in the
Transit Services Fund the sum of TWO HUNDRED FORTY THOUSAND DOLLARS
($240,000) for additional bus services.
Introduced, considered favorably on first reading, and ordered published this 2nd day of
January, A.D. 2018, and to be presented for final passage on the 16th day of January, A.D. 2018.
Qozr
ATTEST:
OF FORT
Una•••••• ••�0Z
city c SEAL y
..........
p0
J
-2-
Passed and adopted on final reading on the 16th day of January, A.D. 2018.
or
ATTEST:
O�FRift `
�;• 0
ti.
City c k SEAL :
cOIORA�O
-3-