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HomeMy WebLinkAbout091 - 08/15/2017 - APPROPRIATING UNANTICIPATED REVENUE RELATING TO A FEDERAL EMERGENCY MANAGEMENT AGENCY GRANT FOR ACQU (2)ORDINANCE NO. 091, 2017 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE RELATING TO A FEDERAL EMERGENCY MANAGEMENT AGENCY GRANT FOR ACQUISITION AND REMEDIATION OF PROPERTY ADJOINING THE DOWNTOWN WHITEWATER PARK AREA WHEREAS, staff has spent the last three years acquiring various property interests on the south side of Vine Street just to the east of College Avenue and the acquisitions are linked to the Downtown Whitewater Park project as well as to the Poudre River conservation and protection projects; and WHEREAS, after the 2013 flood, Federal Emergency Management Agency ("FEMA") monies were directed to Colorado and, the City applied for FEMA's Hazard Mitigation Grant to help cover the costs of acquiring properties along Vine; and WHEREAS, Natural Areas has been awarded a grant in the amount of $232,509 (the Grant") by FEMA to acquire and remediate a property adjoining the Downtown Whitewater Park area; and WHEREAS, the City's match portion towards the Grant is $33,216 and was previously appropriated in 2015 in offer 21.1 into a capital project fund; and WHEREAS, use of the Grant funds requires that the property be managed to benefit the floodway and floodplain in this area; and WHEREAS, the property will be incorporated into the Whitewater Park and will be accessible to the public and infrastructure on the property will be removed and the site will be remediated and vegetated; and 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 Grant from FEMA to support Natural Areas 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. 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. 1_ Section 2. That there is hereby appropriated from unanticipated grant revenue in the Capital Projects Fund the sum of TWO HUNDRED THIRTY-TWO THOUSAND FIVE HUNDRED NINE DOLLARS ($232,509) to be used by Natural Areas for acquisition and remediation of a property adjoining the Downtown Whitewater Park area for the benefit of the Poudre River Floodway and Floodplain. Introduced, considered favorably on first reading, and ordered published this 18th day of July, A.D. 2017, and to be presented for final passage on the 15th day of August, A.D. 2017. ORT C`` 2N SEAL ::Mayor Pr Tem ATTEST: cOLORp10 City Clerk Passed and adopted on final reading on the 15th day of August, A.D. 2017. Mayor ATTEST: oF FORrco,...... V XS City(:Prk - u,., SEAL ' N atORp° 2-