HomeMy WebLinkAbout083 - 07/05/2017 - APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND AND APPROPRIATING PRIOR YEAR RESERVES IN THE L (2)ORDINANCE NO. 083,2017
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND AND
APPROPRIATING PRIOR YEAR RESERVES IN THE LIGHT AND POWER
FUND FOR BROADBAND STRATEGIC SUPPORT SERVICES
WHEREAS, at the May 9, 2017 City Council Work Session discussion concerning the
City's Broadband efforts, staff highlighted the need to dedicate resources to support further
development and detailed plans associated with a Municipal Retail Broadband model; and
WHEREAS, in pursuit of that plan development, staff is requesting an appropriation of
one-time funding of$160,000, which will be split equally with $80,000 coming from General
Fund reserves and $80,000 coming from Light and Power Fund reserves; and
WHEREAS, costs estimates are based on billing rates for two consultants and travel
expenses for one consultant; and
WHEREAS, in addition to this appropriation request, there are $70,000 in currently
available budget appropriations for strategic broadband support; and
WHEREAS, staff and consultants will be developing a launch plan that will allow the
City to move into implementation mode shortly after the November 2017 election, with the
understanding that voter approval is a prerequisite to launching this effort; and
WHEREAS, without this advanced work, several months of implementation planning
will be required after the election before the City may begin service implementation; and
WHEREAS, this Ordinance appropriates Electric Utility enterprise funds and Council
finds that evaluating broadband service delivery plans by the City's Electric Utility serves utility
purposes and benefits ratepayers consistent with Article XII, Section 6 of the City Charter,
including but not limited to advancing potential expansion of the Electric Utility to deliver
coordinated telecommunication and electric services in furtherance of current City strategic
objectives and outcomes; 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, City staff have determined that the appropriations as described herein are
available and previously unappropriated in the General Fund and the Light and Power Fund.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF
FORT COLLINS as follows:
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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 EIGHTY THOUSAND DOLLARS ($80,000) for Broadband Strategic
Support.
Section 3. That there is hereby appropriated from prior year reserves in the Light
and Power Fund the sum of EIGHTY THOUSAND DOLLARS ($80,000) for Broadband
Strategic Support.
Introduced, considered favorably on first reading, and ordered published this 6th day of
June, A.D. 2017, and to be pre d for final passage on the 5th day of July, A.D. 2017.
o FoRr Coy`'
SEA
Mayor
ATTEST: CoioIVRt
W yl/
City Clerk
Passed and adopted on final reading on this 5th day of July, A.D. 2017.
F o CO
Z
ayor
ATTEST: COLOR°.
City Clerk "
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