HomeMy WebLinkAbout005 - 01/21/2020 - MAKING A SUPPLEMENTAL APPROPRIATION FOR THE EPIC LOAN PROGRAM FROM UNAPPROPRIATED PRIOR YEARS RESERVORDINANCE NO. 005, 2020
OF THE COUNCIL OF THE CITY OF FORT COLLINS
MAKING A SUPPLEMENTAL APPROPRIATION FOR THE EPIC LOAN PROGRAM
FROM UNAPPROPRIATED PRIOR YEARS RESERVES IN THE LIGHT & POWER FUND
TO MAKE DEBT SERVICE PAYMENTS UNDER THE U.S. BANK LINE OF CREDIT
WHEREAS, the City has established a program to assist certain customers of Fort Collins
Utility Services ("Utility Services") in financing home -energy -efficiency and renewable -energy
improvements for single-family residential properties they own by making loans to these
customers, whether their properties are owner- or renter -occupied ("Epic Loan Program"); and
WHEREAS, as one source of funds for the Epic Loan Program, Utility Services has
secured, through the City's Electric Utility Enterprise (the "Enterprise"), a $2.5 million line -of -
credit from U.S. Bank ("U.S. Bank Letter of Credit"); and
WHEREAS, it is anticipated that up to $578, 385 will be borrowed from the U.S. Bank
Letter of Credit in 2020 by the Enterprise and then loaned to eligible Utility Services customers
under the Epic Loan Program, thereby requiring a debt service payment in 2020 from the City to
U.S. Bank in an amount of up to $75,000; and
WHEREAS, this Ordinance authorizes the appropriation of this $75,000 from
unappropriated prior years reserves in the Light & Power Fund; and
WHEREAS, Article V, Section 9 of the City Charter permits the City Council, upon
recommendation of the City Manager, 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, do not exceed the current estimate
of actual and anticipated revenues to be received during this fiscal year; and
WHEREAS, the City Manager has recommended the appropriation described herein and
determined that the total amount of this appropriation, together with all previous appropriations
from the Light & Power Fund for this fiscal year, will not cause the total amount appropriated in
the Light & Power Fund to exceed the current estimate of actual and anticipated revenues to be
received in the Light & Power Fund during this fiscal year; and
WHEREAS, Article V, Section 9 of the City Charter also 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 in the Light & Power Fund, notwithstanding
that such reserves were not previously appropriated; and
WHEREAS, these appropriations benefit the public's health, safety and welfare and serve
the public purposes of improving the energy efficiency of older homes in Fort Collins, thereby
benefiting Utility Services' Electric Utility ratepayers, and bettering the health, safety and comfort
of the inhabitants of the improved homes.
-I-
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 from unappropriated prior years reserves
in the Light & Power Fund the sum of SEVENTY-FIVE THOUSAND DOLLARS ($75,000) for
the payment of debt service under the U.S. Bank Letter of Credit.
Introduced, considered favorably on first reading, and ordered published this 7th day of
January, A.D. 2020, and to be presented for final passage on the 21 t January, A.D. 2020.
ATTEST:
Passed and adopted on final reading on the 2l st day of January, A.D. 2020.
ATTEST:
Account #: FTC-003160
FORT•COLLINS
Invoice Text
NOTICE IS HEREBY GIVEN that the Fort Collins City Council, on 1
CITY OF FC-CLERK-LEGALS
300 LAPORTE AVE
FORT COLLINS CO 80521
Ad#:0003992211
P O : 1/21 Ordinances
# of Affidavits :1
This is not an invoice
STATE OF COLORADO
) ss: AFFIDAVIT OF PUBLICATION
COUNTY OF LARIMER
I, being duly sworn, deposes and says that said is the legal clerk of the Fort Collins Coloradoan; that
the same is a daily newspaper of general circulation and printed and published in the City of Fort
Collins, in said county and state; that the notice or advertisement, of which Ihe annexed is a true
copy, has been published in said daily newspaper and that the notice was published in the regular
and entire issue of every number of said newspaper during the period and time of publication of said
notice, and in the newspaper proper and not in a supplement thereof; that the publication of said
notice was contained in the issue of said newspaper on
01/12/20
that said Fort Collins Coloradoan has been published continuously and uninterruptedly during the
period of at least six months next prior to the first publication of said notice or advertisement above
referred to; that said newspaper has been admitted to the United States mails as second-class matter
under the provisions of the Act of March 3, 1879, or any amendments thereof; and that said
newspaper is a daily newspaper duly qualified for publishingegal notices and advertisements within
the meaning of the laws of the State of Colorado.
Subscribed and sworn to before me, within the County of own_ State of Wisconsin this
13th of January 2020.
Legal Clerk
Notary Public
f\OTAR }- —
— PUBS -
"i//,,JII'11l0'
Notary Expires
Legal No.0003992211
Affidavit Prepared
\Icmday. January I. 2020 9:09 am
NOTICE IS HEREBY GIVEN that the
Fort Collins City Council, on Tuesday,
January 7,2020, passed and adopted the
following ordinances on first rending.
These ordinances will be presented for
final passage on January 21, 2020:
ORDINANCE NO. 001, 2020
OF THE COUNCILO OF
TI-I CITY OF
FORT
APPROPRIATING
GRANT REVENUE FROM THE
ED
EIGHTH JUDICIAL DISTRICT VICTIM
ASSISTANCE AND LAW
ENFORCEMENT BOARD IN THE
GENERAL FUND FOR THE FORT
COLLINS POLICE
SERVICE ES VICTIM
SERVICES UNI
ORDINANCE NO. 002, 2020
OF THE CO NCILO OF
THE
CITY OF
FOAPPROPRIATING GRANT REVENUE FROM
TED
THE COLORADO DIVISION OF CRIMI-
NAL JUSTICE UNDER THE
FEDERAL VICTIM OF CRIME ACT IN
THE GENERAL FUND FOR
THESERV-
ICES FORT COLLINS POLICE VICTIM SERVICES UNIT
ORDINANCE NO. 003, 2020
OF THE COUNCIL OF THE
CITY OF
FORT
APPROPGRANIT NG REVENUE UNANTICIPATED
AND' AUTHORIZING TRANSFERS IN
THE GENERAL FUND
FOR THE
ICES RADON PROGRAM
MENTAL SERV-
ICES
ORDINANCE NO. 004, 2020
OF THE COUNCIL O OF
THE
CITY OF
FORT MAKING SUPPLEMENTAL APPRO-
PRIATIONS TO BE EXPENDED AS
LOANS TO UTILITY SERVICES CUS-
TOMERS UNDER
GTHE EPIC LOAN
PRO
ORDINANCE NO. 005, 2020
OF THE COUNCILO OF
THE
CITY OF
FORT
M PING A AT ON FOR TIHE EPIC LOANENTAL
PROGRAM FROM
UNAPPROPRIATED PRIOR YEARS
RESERVES IN THE LIGHT & POWER
FUND TO MAKE DEBT SERVICE
PAYMENTS UNDER THE U.S. BANK
LINE OF CREDIT
ORDINANCE NO. 006, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
MAKING APPROPRIATIONS FOR
THE 2020 CLIMATE
ACTION PLAN
E MITIGATION AND RE-
SI
AND RELATED ART IN PUBLIC PLA-
CES
ORDINANCE NO. 011, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
AMENDING CHAPTER 15, ARTICLE
XVII OF THE CODE OF THE
CITY OF FORT COLLINS REGULAT•
ING RETAIL MARIJUANA
BUSINESSES TO CLARIFY AND
ALIGN CITY CODE WITH STATE LAW
ORDINANCE NO. 012, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
AMENDING SECTION 23-1130F THE
CODE OF THE CITY
OF FORT COLLINSTO AUTHORIZE
THE CITY MANAGER
TO APPROVE SUBLEASES OF CITY
PROPERTY
ORDINANCE NO. 007, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
APPROPRIATING FEDERAL SUR-
FACE TRANSPORTATION BLOCK
GRANT FUNDS BY
THE COLORADO DEPARTMENT OF
TRANSPORTATION FOR THE TAFT
HILLHORSETTOOTH TO HARMONY
T
ORDINANCE NO. 008, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
APPROPRIATING REGIONAL TRANS-
PORTATION CAPITAL IMPROVE-
MENT EXPANSION FEES AND AU-
THORIZING TRANSFERS OF APPRO-
PRIATIONS
FOR THE TAFT HILL IMPROVE
MENTS PROJECT-HORSETOOTH TO
HARMONY AND RELATED ART IN
PUBLIC PLACES
ORDINANCE NO. 009, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
AMENDING CERTAIN SECTIONS OF
CHAPTER 25 OF THE CODE OF THE
CITY OF FORT COLLINS TO PRO-
VIDE A SALES TAX EXEMPTION
FOR MOBILE HOMES
ORDINANCE NO. 010, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
AMENDING CHAPTER 15, ARTICLE
XVI OF THE CODE OF THE
CITY OF FORT COLLINS REGULAT-
ING MEDICAL MARIJUANA
BUSINESSES TO CLARIFY AND
ALIGN CITY CODE WITH STATE LAW
ORDINANCE NO. 013, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
AUTHORIZING THE ACQUISITION BY
EMINENT DOMAIN PROCEEDINGS
OF CERTAIN PROPERTY RIGHTS
NECESSARY FOR ACCESS IN CON-
NECTION WITH PHASE I (PERMIT-
TING AND DESIGN) OF THE
HALLIGAN WATER SUPPLY PROJ-
ECT
The full text of these ordinances can be
found at http:I/fcgov.comtpublicnotices
or by calling the City Clerk's Office at
(970) 221.6515.
0003992211
The Coloradoon
Jan 9, 2020
Account #: FTC-003160
FORT•COLLINS
Invoice Text
NOTICE IS HEREBY GIVEN that the Fort Collins City Courn
STATE OF COLORADO
) ss: AFFIDAVIT OF PUBLICATION
COUNTY OF LARIMER )
CITY OF FC-CLERK-LEGALS
300 LAPORTE AVE
FORT COLLINS CO 80521
Ad#:0004017320
P O : 1/21 Second Reading
# of Affidavits :1
This is not an invoice
I, being duly sworn, deposes and says that said is the legal clerk of the Fort Collins Coloradoan; that
the same is a daily newspaper of general circulation and printed and published in the City of Fort
Collins, in said county and staff; That the notice or advertisement, of which the annexed is a true
copy, has been published in said daily newspaper and that the notice was published in the regular
and entire issue of every number of said newspaper during the period and time of publication of said
notice, and in the newspaper proper and not in a suppletnent thereof; that the publication of said
notice was contained in the issue of said newspaper on
01/26/20
that said Fort Collins Coloradoan has been published continuously and uninterruptedly during the
period of at least six months next prior to the first publication of said notice or advertisement above
referred to; that said newspaper has been admitted to the United, States mails as second-class matter
under the provisions of the Act of March 3, 1879, or any amendments thereof; and that said
newspaper is a daily newspaper duly qualified for publishing legal notices and advertisements within
the meaning of the laws of the State of Colorado.
(eabt-
Subscribed and sworn to before me, within the County of Brown, State of Wisconsin this
26th of January 2020.
Dtgito
cf1+
Legal Clerk
Notary Public
Notary Expires
Legal No.0004017320
Affidavit Prepared
SuntIay..Ianuary 26. 2020 5:I5 am
NOTICE IS HEREBY GIVEN that the
Fort Collins City Council, on Tuesday,
January 21, 2020, passed and adopted
the following ordinances on second
reading:
ORDINANCE NO. 001, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
APPROPRIATING UNANTICIPATED
GRANT REVENUE FROM THE
EIGHTH JUDICIAL DISTRICT VICTIM
ASSISTANCE AND LAW
ENFORCEMENT BOARD IN THE
GENERAL FUND FOR THE FORT
COLLINS POLICE SERVICES VICTIM
SERVICES UNIT
ORDINANCE NO. 002, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
APPROPRIATING UNANTICIPATED
GRANT REVENUE FROM
THE COLORADO DIVISION OF
CRIMINAL JUSTICE UNDER THE
FEDERAL VICTIM OF CRIME ACT IN
THE GENERAL FUND FOR
THE FORT COLLINS POLICE
SERVICES VICTIM SERVICES UNIT
ORDINANCE NO. 003, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
APPROPRIATING UNANTICIPATED
GRANT REVENUE
AND AUTHORIZING TRANSFERS IN
THE GENERAL FUND
FOR THE ENVIRONMENTAL SERV-
ICES RADON PROGRAM
ORDINANCE NO. 004, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
MAKING SUPPLEMENTAL
APPROPRIATIONS TO BE
EXPENDED AS LOANS TO UTILITY
SERVICES CUSTOMERS UNDER THE
EPIC LOAN PROGRAM
ORDINANCE NO. 005, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
MAKING A SUPPLEMENTAL
APPROPRIATION FOR THE EPIC
LOAN PROGRAM FROM
UNAPPROPRIATED PRIOR YEARS
RESERVES IN THE LIGHT & POWER
FUND TO MAKE DEBT SERVICE
PAYMENTS UNDER THE U.S. BANK
LINE OF CREDIT
ORDINANCE NO. 006, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
MAKING APPROPRIATIONS FOR
THE 2020 CLIMATE
ACTION PLAN MITIGATION AND
RESILIENCE PROJECTS
AND RELATED ART IN PUBLIC
PLACES
ORDINANCE NO. 007, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
APPROPRIATING FEDERAL
SURFACE TRANSPORTATION BLOCK
GRANT FUNDS ADMINISTERED BY
THE COLORADO DEPARTMENT OF
TRANSPORTATION FOR THE TAFT
HILL IMPROVEMENTS
PROJECT-HORSETOOTH TO
HARMONY
ORDINANCE NO. 008, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
APPROPRIATING REGIONAL
TRANSPORTATION CAPITAL
IMPROVEMENT EXPANSION FEES
AND AUTHORIZING TRANSFERS OF
APPROPRIATIONS
FOR THE TAFT HILL
IMPROVEMENTS
PROJECT-HORSETOOTH TO
HARMONY AND RELATED ART IN
PUBLIC PLACES
ORDINANCE NO. 009, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
AMENDING CERTAIN SECTIONS OF
CHAPTER 25 OF THE CODE OF THE
CITY OF FORT COLLINS TO
PROVIDE A SALES TAX EXEMPTION
FOR MOBILE HOMES
ORDINANCE NO. 010, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
AMENDING CHAPTER 15, ARTICLE
XVI OF THE CODE OF THE
CITY OF FORT COLLINS
REGULATING MEDICAL
MARIJUANA
BUSINESSES TO CLARIFY AND
ALIGN CITY CODE WITH STATE LAW
ORDINANCE NO. 011, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
AMENDING CHAPTER 15, ARTICLE
XVII OF THE CODE OF THE
CITY OF FORT COLLINS
REGULATING RETAIL MARIJUANA
BUSINESSES TO CLARIFY AND
ALIGN CITY CODE WITH STATE LAW
ORDINANCE NO. 012, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
AMENDING SECTION 23-113 OF THE
CODE OF THE CITY
OF FORT COLLINSTO AUTHORIZE
THE CITY MANAGER
TO APPROVE SUBLEASES OF CITY
PROPERTY
ORDINANCE NO. 013, 2020
OF THE COUNCIL OF THE CITY OF
FORT COLLINS
AUTHORIZING THE ACQUISITION BY
EMINENT DOMAIN PROCEEDINGS
OF CERTAIN PROPERTY RIGHTS
NECESSARY FOR ACCESS IN
CONNECTION WITH
The full text of these ordinances can be
found at http://fcgov.corrUpublicnotices
or by calling the City Clerk's Office at
(970) 221-6515.
0004017320
Coloradoan
Jan 26, 2020