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HomeMy WebLinkAbout066 - 05/18/2021 - MAKING SUPPLEMENTAL APPROPRIATIONS FOR THE STATE HIGHWAY 1 / DOUGLAS ROAD INTERSECTION IMPROVEMENTS ORDINANCE NO. 066, 2021 OF THE COUNCIL OF THE CITY OF FORT COLLINS MAKING SUPPLEMENTAL APPROPRIATIONS FOR THE STATE HIGHWAY 1 /DOUGLAS ROAD INTERSECTION IMPROVEMENTS PROJECT WHEREAS, the Colorado Department of Transportation ("CDOT") awarded Larimer County a Federal Highway Safety Improvement Program (HS1P) grant in the amount of a total project cost up to $550,000 for the State Highway 1 / Douglas Road Signalization Project (the "Project"); and WHEREAS, the City and County entered into an original Intergovernmental Agreement on May 7, 2019(the"IGA") in which the County would design and coordinate the Project and the City would construct the Project, and be reimbursed by the County from Federal and State grant funds (collectively the "Grant Funds"); and WHEREAS, the City of Fort Collins and Larimer County are entering into a First Amendment to the IGA ("First Amendment to the IGA") to allocate the remaining Grant Funds awarded to the County in the amount of$437,376 to fund the City's construction of the signal and related improvements as set forth therein; and WHEREAS,the purpose of this Ordinance is to appropriate the remaining Grant Funds to be paid by the County to the City in reimbursement for construction of the signal and related improvements as set forth in the First Amendment to the IGA; and WHEREAS, this appropriation benefits public health, safety and welfare of the citizens of Fort Collins and serves the public purpose of funding the City's construction of the signalization and related improvements that are included in the Project; 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 Capital Projects Fund and 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 WHEREAS, the project funds being appropriated here are ineligible for public art purposes, as Section 23-304 of the City Code otherwise requires, due to grant restriction on the use of the funds. NOW,THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: -l- 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 grant revenue in the Capital Projects Fund the sum of FOUR HUNDRED THIRTY-SEVEN THOUSAND THREE HUNDRED SEVENTY-SIX DOLLARS ($437,376) for expenditure from the Capital Projects Fund for the State Highway One and Douglas Road Intersection Improvements Project. Introduced, considered favorably on first reading, and ordered published this 4th day of May, A.D. 2021, and to be presented for final passage on the 18th day of May, A.D. 021. or ATTEST: o�FoRr••.� : SEAL ity cl cOCORA00 Passed and adopted on final reading on the 18th day of May, A.D. 2021 (I 4�� J�/ or ATTEST: r City c k SEAS, CPO ORAp° -2- ORDINANCE NO. 066, 2021 OF THE COUNCIL OF THE CITY OF FORT COLLINS MAKING SUPPLEMENTAL APPROPRIATIONS FOR THE STATE HIGHWAY 1 /DOUGLAS ROAD INTERSECTION IMPROVEMENTS PROJECT WHEREAS, the Colorado Department of Transportation ("CDOT") awarded Larimer County a Federal Highway Safety Improvement Program (HSIP) grant in the amount of a total project cost up to $550,000 for the State Highway 1 i Douglas Road Signalization Project (the "Project"); and WHEREAS, the City and County entered into an original Intergovernmental Agreement on May 7, 2019 (the"IGA") in which the County would design and coordinate the Project and the City would construct the Project, and be reimbursed by the County from Federal and State grant funds (collectively the "Grant Funds"); and WHEREAS, the City of Fort Collins and Larimer County are entering into a First Amendment to the IGA ("First Amendment to the IGA") to allocate the remaining Grant Funds awarded to the County in the amount of$437,376 to fund the City's construction of the signal and related improvements as set forth therein; and WHEREAS, the purpose of this Ordinance is to appropriate the remaining Grant Funds to be paid by the County to the City in reimbursement for construction of the signal and related improvements as set forth in the First Amendment to the IGA; and WHEREAS, this appropriation benefits public health, safety and welfare of the citizens of Fort Collins and serves the public purpose of funding the City's construction of the signalization and related improvements that are included in the Project; 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 Capital Projects Fund and 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 WHEREAS, the project funds being appropriated here are ineligible for public art purposes, as Section 23-304 of the City Code otherwise requires, due to grant restriction on the use of the funds. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: -I, 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 grant revenue in the Capital Projects Fund the sum of FOUR HUNDRED THIRTY-SEVEN THOUSAND THREE HUNDRED SEVENTY-SIX DOLLARS ($437,376) for expenditure from the Capital Projects Fund for the State Highway One and Douglas Road Intersection Improvements Project. Introduced, considered favorably on first reading, and ordered published this 4th day of May, A.D. 2021, and to be presented for final passage on the 18th day of May, A.D 2021. M or ATTEST: F FORr �Ao .• SEAL ity Cle •� OrttAO Passed and adopted on final reading on the 18th day of May, A.D. 2021 M "or ATTEST: VoRToo eity co SEAL, c��.ORA90 r