HomeMy WebLinkAbout085 - 07/18/2017 - APPROPRIATING PRIOR YEAR RESERVES IN THE NATURAL AREAS FUND FOR THE PURPOSE OF LAND CONSERVATION, PU (2)ORDINANCE NO. 085, 2017
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE NATURAL
AREAS FUND FOR THE PURPOSE OF LAND CONSERVATION, PUBLIC
IMPROVEMENTS AND RELATED NATURAL AREAS PROGRAMMING
NOT INCLUDED IN THE 2017 ADOPTED CITY BUDGET
WHEREAS, the City is committed to preserving natural areas and providing educational,
interpretive and appropriate recreational opportunities to the public; and
WHEREAS, Natural Areas programming implements open land conservation priorities
identified in the 'City's Comprehensive Plan by purchasing conservation easement interests in
key natural areas, community separators, or other open lands; providing stewardship for lands
purchased; and developing trails and interpretive features for public use; and
WHEREAS, the Natural Areas Department is funded primarily through the collection of
City Open Space - Yes sales and use tax revenue, as well as revenues from the Larimer County
Help Preserve Open Space sales and use tax, investment earnings, and other miscellaneous
revenues deposited in the Natural Areas Fund; and
WHEREAS, Article V, Section 9 of the City Charter permits the City Council to
appropriate 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, Article V, Section 11 of the City Charter requires all appropriations
unexpended or unencumbered at the end of the fiscal year lapse to the applicable general or
special revenue fund, except appropriations for capital projects and federal or state grants do not
lapse until completion of the capital project or expiration of the respective grant; and
WHEREAS, City staff has determined that the appropriations as described herein are
available and previously unappropriated in the Natural Areas Fund; and
WHEREAS, City staff has recommended the appropriation from prior year reserves in
the Natural Areas Fund of a total of $10,790,000, comprised of $9,548,912 in unspent and
unencumbered appropriations from 2016 and $1,241,088 in unanticipated revenue and prior year
reserves, to be used for acquisition, construction, enhancement and maintenance of trail systems,
wildlife habitat and other natural areas to benefit the citizens of the City.
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.
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Section 2. That there is hereby appropriated from prior year reserves in the Natural
Areas Fund the sum of TEN MILLION SEVEN HUNDRED NINETY THOUSAND DOLLARS
10,790,000) to be used for acquisition, construction, enhancement and maintenance of trail
systems, wildlife habitat and other natural areas to benefit the citizens of the City.
Introduced, considered favorably on first reading, and ordered published this 5th day of
July, A.D. 2017, and to be presented for final passage on the 18th d of July, A.D. 2017.
OFTORT CO
SEAL ayor
ATTEST:
cOCOR O
City Clerk
Passed and adopted on final reading on the 18th day of July, A.D. 2017.
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Mayor
ATTEST:
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COLWk
City Clerk
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