HomeMy WebLinkAbout104 - - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND AND APPROPRIATING PRIOR YEAR RESERVORDINANCE NO. 104,2017
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND
AND APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND FOR
TRANSFER TO THE CAPITAL PROJECTS FUND FOR CONSTRUCTION OF THE FINAL
FIVE ACRES OF THE GARDENS ON SPRING CREEK PROJECT AND TRANSFERRING
APPROPRIATIONS TO THE CULTURAL SERVICES AND FACILITIES FUND
FOR THE ART IN PUBLIC PLACES PROGRAM
WHEREAS, 'on June 7, 2016 Council adopted Ordinance No. 074, 2016 approving a
major amendment for the City property informally known as the Gardens on Spring Creek. This
amendment includes construction of five acres of gardens including the Great Lawn, Undaunted
Garden, Foothills and Prairie Gardens; and
WHEREAS, throughout the design and development review process, the Friends of the
Gardens Board of Directors and Gardens Staff have been raising money for the construction of
these new gardens; and
WHEREAS, the total budget for the entire Project is $2,831,000; and
WHEREAS, $2,031,000 has been raised from local foundations, businesses and
individuals who support the Project; and
WHEREAS, $250,000 was appropriated in the 2013 Budget for the Great Lawn; and
WHEREAS, $150,000 was appropriated in the 2013 Budget,Adjustment Ordinance for
the Undaunted Garden; and
WHEREAS, this ordinance also appropriates an additional $400,000 from the General
Fund for this project; and
WHEREAS, this appropriation of $2,431,000 in addition to the existing funding of
400,000 to provide a total of$2,831,000 towards the Project; and
WHEREAS, construction will not begin on the project until a permit is issued and a
permit will not be issued until the Project, as previously approved, is ready to be built or City
Council amends its previous approval; and
WHEREAS, this project involves construction estimated to cost more than $250,000, as
such, Section 23-304 of the City Code requires one percent of these qualified appropriations to
be transferred to the Cultural Services and Facilities Fund for a contribution to the Art in Public
Places (APP)program; and
WHEREAS, $2,500 for APP was previously appropriated and transferred to the APP
program on the $250,000 portion of the funds, therefore, APP of$25,810 will be appropriated
and transferred to the APP program from the remaining project funds of$2,581,000 ($2,031,000
in donations, $150,000 of prior appropriation and $400,000 in new City appropriation); and
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WHEREAS, Article V, Section 9, of the City Charter permits the City Council 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, City staff has determined'that the appropriation of the revenue as described
herein 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, Article V, Section 10, of the City Charter authorizes the City Council 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.
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 General
Fund the sum of FOUR HUNDRED THOUSAND DOLLARS ($400,000) for transfer to
the Capital Projects Fund for the final five acres of The Gardens on Spring Creek Project.
Section 3. That there is hereby appropriated, upon receipt, from unanticipated
revenue in the Capital Projects Fund the sum of TWO MILLION THIRTY ONE
THOUSAND DOLLARS ($2,031,000) for the final five acres of The Gardens on Spring Creek
Project.
Section 4. That the unexpended appropriated amount of TWENTY THOUSAND
ONE HUNDRED AND THIRTY TWO DOLLARS ($20,132) in the Capital Projects Fund is
authorized for transfer to the Cultural Services and-Facilities Fund and appropriated therein for
the Art in Public Places Art Project.
Section 5. That the unexpended appropriated amount of FIVE THOUSAND ONE
HUNDRED SIXTY TWO DOLLARS ($5,162) in the Capital Projects Fund is authorized for
transfer to the Cultural Services and Facilities Fund and appropriated therein for the Art in Public
Places Program Operations.
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Section 6. That the unexpended appropriated amount of FIVE HUNDRED
SIXTEEN DOLLARS ($516) in the Capital Projects Fund is authorized for transfer to the
Cultural Services and Facilities Fund and appropriated therein for the Art in Public Places
Program Maintenance.
Introduced, considered favorably on first reading, and ordered published this 15th day of
August, A.D. 2017, and to be presented for final passage on the 19th day of September, A.D.
2017.
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Passed and adopted on final reading on day of September, A.D. 2017.
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