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HomeMy WebLinkAbout107 - 11/01/2022 - APPROPRIATING PHILANTHROPIC REVENUE RECEIVED BY CITY GIVE FOR THE BUCKING HORSE PARK TRAIL SPUR PROJORDINANCE NO. 107, 2022 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PHILANTHROPIC REVENUE RECEIVED BY CITY GIVE FOR THE BUCKING HORSE PARK TRAIL SPUR PROJECT AS DESIGNATED BY THE DONOR WHEREAS, the Bucking Horse Residential Association has donated $5,000 to be used by Park Planning and Development for the maintenance of a drainage channel adjacent to Bucking Horse Park; and WHEREAS, the donated funds are designated for the Bucking Horse Park Trail Spur project to support the total costs of dredging an overgrown stonn drainage channel; and WHEREAS, the dredging work will benefit the park, trail, and Bucking Horse neighborhood by reestablishing proper stormwater drainage; and WHEREAS, this appropriation benefits public health, safety and welfare of the citizens of Fort Collins and serves the public purpose of improving stormwater drainage within the City; and WHEREAS, Article V, Section 9 of the City Charter permits the City Council, upon recommendation of the City Manager, to make a supplemental appropriation by ordinance at any time during the fiscal year, provided that the total amount of such supplemental appropriation, in combination with all previous appropriations for that fiscal year, do not exceed the current estimate of actual and anticipated revenues and all other funds 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 Conservation Trust Fund and will not cause the total amount appropriated in the Conservation Trust Fund to exceed the current estimate of actual and anticipated revenues and all other funds to be received in this 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 philanthropic revenue in the Conservation Trust Fund the sum of FIVE THOUSAND DOLLARS ($5,000) to be expended in the Conservation Trust Fund for the Bucking Horse Park Trail Spur project. -1- Introduced, considered favorably on first reading, and ordered published this 18th day of October A.D. 2022, and to be presented for final passage on the 1st d of November, A.D. 2022. ATTEST: Chief Deputy City Clerk Passed and adopted on final readi of November, A. . ATTEST :