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HomeMy WebLinkAbout137 - 12/06/2022 - APPROPRIATING PRIOR YEAR RESERVES IN THE LIGHT & POWER FUND AND THE WATER FUND FOR THE PURCHASE OF VORDINANCE NO.137,2022 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE LIGHT &POWER FUND AND THE WATER FUND FOR THE PURCHASE OF VENDOR SERVICES TO SUPPORT A MAJOR VERSION UPGRADE TO THE UTILITIES METER DATA MANAGEMENT SYSTEM WHEREAS,on May 18 and July 20,2010,City Council approved Ordinance Nos.043, 2010 and 084,2010,respectively,appropriating unanticipated grant revenues and utility reserve funds to convert City electric and water meters to Advanced Metering Infrastructure (“AMI”) technology in furtherance of the Smart Grid Investment Project (“SGIP”);and WI-IEREAS,by converting older electric and water meters to AMI meters,the Electric and Water Utilities have benefited from the technology and security improvements of smart grid infrastructure,which include increased customer service through improved billing accuracy and faster response times to customer inquiries,as well as increased service interruption detection capabilities;and WHEREAS,the SGIP included deploying software to collect and process meter data, including the Meter Data Management System (MDMS),which reads and validates daily water and electric meter data across Fort Collins Utility’s service territory and calculates billing determinants for each customer bill;and WHEREAS,the original MDMS software,EnergylP,must be upgraded ahead of the start of the 2023-24 budget cycle to support current meter functionality and assure accurate billings based on readings on or after January 1,2023;and WHEREAS,as the MDMS system supports the Water and Electric Utilities,the cost of the EnergylP upgrade will be shared between them,which has historically been allocated between benefited utility enterprises based on customer counts as determined by the number of deployed meters;and WHEREAS,using the historic cost allocation model for shared project costs,the respective shares of the EnergylP upgrade expense are 31.6%from the Water Utility Enterprise,totaling 198,950.00;and 68.4%from the Electric Utility Enterprise,totaling $430,638.00;and WHEREAS,this appropriation benefits the public health,safety and welfare of the residents of Fort Collins and serves the public purpose of collecting and processing advanced electric and water meter data necessary to support an efficient,accurate,and up-to-date customer information and billing system for these utilities;and WHEREAS,Article V,Section 9 of the City Charter permits the City Council,upon the recommendation of the City Manager,to make supplemental appropriations 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,the City Manager has recommended the appropriation described herein and determined that this appropriation is available and previously unappropriated from the Light & Power Fund and the Water Fund and will not cause the total amount appropriated in the Light & Power Fund or the Water Fund,as applicable,to exceed the cunent estimate of actual and anticipated revenues and all other funds to be received in these funds during this fiscal year;and WHEREAS,Article V,Section 11 of the City Charter authorizes the City Council to designate in the ordinance when appropriating funds for a project,that such appropriation shall not lapse at the end of the fiscal year in which the appropriation is made,but continue until the completion of the project;and WHEREAS,the City Council wishes to designate the appropriation herein for the purchase of vendor services to support the upgrade the Utilities Meter Data Management System as an appropriation that shall not lapse until the completion of the project. 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 prior year reserves in the Light & Power Fund the sum of FOUR HUNDRED THIRTY THOUSAND SIX HUNDRED THIRTY EIGI-IT DOLLARS ($430,638)to be expended in the Light &Power Fund for the purchase of vendor services supporting a version upgrade to the utilities meter data management system. Section 3.That there is hereby appropriated from prior year reserves in the Water Fund the sum of ONE HUNDRED NINETY-EIGHT THOUSAND NINE HUNDRED FIFTY DOLLARS ($198,950)to be expended in the Water Fund for the purchase of vendor services supporting a version upgrade to the utilities meter data management system. Section 4.That the appropriation herein for the purchase of vendor services to support the upgrade of the Utilities Meter Data Management System is hereby designated,as authorized in Article V,Section 11 of the City Charter,as an apprtpriation that shall not lapse at the end of this fiscal year but continue until the completion of the project. 2- Introduced,considered favorably on first reading,and ordered published this 15th day of November,A.D.2022,and to be presented for final passage on the 6t1 ay of December,A,D. Passed and adopted on final reading on the 6th day of December,A.D 2022. 2022 ATTEST: City ATTEST: City Clerlc 3-