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HomeMy WebLinkAbout147 - 12/15/2020 - MAKING SUPPLEMENTAL APPROPRIATIONS FOR ROOF REPAIRS ON CITY BUILDINGS DUE TO 2018 HAIL DAMAGE ORDINANCE NO. 147, 2020 OF THE COUNCIL OF THE CITY OF FORT COLLINS MAKING SUPPLEMENTAL APPROPRIATIONS FOR ROOF REPAIRS ON CITY BUILDINGS DUE TO 2018 HAIL DAMAGE WHEREAS, in June 2018 a hailstorm damaged the roofs of 36 City buildings; and WHEREAS, on October 15, 2019, the City Council approved Ordinance No. 115, 2019, appropriating $4,076,143 in insurance proceeds to be spent on roof repairs; and WHEREAS, through the process of contracting,permitting and inspecting the repairs,City staff determined that additional repair work was required beyond what was covered by the initial insurance settlement; and WHEREAS,the City anticipates receiving$1,496.720 in additional insurance proceeds for roof repairs; and WHEREAS,the City Council has determined that this appropriation benefits public health, safety and welfare of the citizens of Fort Collins and serves the public purpose of protecting the public investment in City properties; 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, does not exceed the current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS, the City Manager has recommended the appropriation described herein and determined that this appropriation is available and previously unappropriated from the General Fund and will not cause the total amount appropriated in the General Fund to exceed the current estimate of actual and anticipated revenues to be received in that Fund during this fiscal year. 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 unanticipated revenue in the General Fund the sum of ONE MILLION FOUR HUNDRED NINETY-SIX THOUSAND SEVEN HUNDRED TWENTY DOLLARS ($1,496,720) for expenditure from the General Fund for roof repairs on City buildings due to 2018 hail damage. Introduced, considered favorably on first reading, and ordered published this 1st day of December, A.D. 2020, and to be presented for final passage on the 15th day of December, A.D. 2020. Mayor ATTEST: R FORT c yo ,.......o�� SEAL C..ity Cl ...... •'o Loft Passed and adopted on final reading on the 15t ecember, A.D. 2020. Mayor ATTEST: FORT C. �! ••*y bly Cgrk cOCORp�O