HomeMy WebLinkAbout047 - 04/18/2023 - AUTHORIZING TRANSFERS OF APPROPRIATIONS FOR THE RENOVATION OF THE CARNEGIE CENTER FOR CREATIVITYORDINANCE NO.047,2023
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING TRANSFERS OF APPROPRIATIONS FOR THE RENOVATION OF THE
CARNEGIE CENTER FOR CREATIVITY
WHEREAS,in late 2022,the City of Fort Collins was awarded $2,400,000 from the State
of Colorado through the Colorado Creative Industries Office to renovate the Carnegie Center for
Creativity (the “Grant”);and
WHEREAS,through Ordinance No.013 adopted February 21,2023,the City Council
appropriated the Grant funds in the Cultural Services &Facilities Fund and designated the Grant
as an appropriation that shall not lapse at the end of the fiscal year,but continue until the earlier
of the expiration of the Grant or the City’s expenditure of all funds received from such Grant;and
WHEREAS,to date,none of the $2,400,000 Grant funds have been expended;and
WHEREAS,to ensure that all expenses for the Carnegie Center for Creativity renovation,
regardless of fUnding source,are accounted for collectively as part of the CCC renovation project,
the $2,400,000 from the State of Colorado appropriated in the Cultural Services &Facilities Fund
per Ordinance No.013,2023,should be transferred to the CCC renovation project within the
Capital Projects Fund;and
WHEREAS,Article V,Section 10 of the City Charter authorizes the City Council,upon
recommendation by the City Manager,to transfer by ordinance any unexpended and
unencumbered appropriated amount or portion thereof from one fund or capital project to another
fund or capital project,provided that the purpose for which the transferred funds are to be expended
remains unchanged,the purpose for which the funds were initially appropriated no longer exists,
or the proposed transfer is from a fund or capital project in which the amount appropriated exceeds
the amount needed to accomplish the purpose specified in the appropriation ordinance;and
WHEREAS,the City Manager has recommended the transfer of $2,400,000 from the
Cultural Services and Facilities Fund to the Capital Projects Fund and determined that the purpose
for which the transferred funds are to be expended remains unchanged.
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 the unexpended and unencumbered appropriated amount of TWO
MILLION FOUR HUNDRED THOUSAND DOLLARS ($2,400,000)is authorized for transfer
from the Cultural Services and Facilities Fund to the Capital Projects Fund and appropriated
therein to be expended for the renovation of the Carnegie Center for Creativity.
Section 3.That the appropriation herein for the Community Revitalization Grant from
the State of Colorado and Carnegie Center for Creativity renovation is hereby designated,as
authorized in Article V,Section 11 of the City Charter,as an appropriation that shall not lapse at
the end of this fiscal year but continue until the completion of the project or the earlier of the
expiration of the grant or the City’s expenditure of all funds received from such grant.
Passed and adopted on final reading on the 18th day of April,2023.
AflEST:
e
this 4th day ofIntroduced,
April,2023,and to
ATTEST:
considered favorably on first reading,and ordered published
be presented for final passage on the 1 )23.
City Clerk
K
Clerk