HomeMy WebLinkAbout050 - 05/03/2016 - APPROPRIATING UNANTICIPATED GRANT REVENUE FROM GREAT OUTDOORS COLORADO (GOCO) IN THE CAPITAL PROJECTORDINANCE NO. 050, 2016
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED GRANT REVENUE FROM GREAT
OUTDOORS COLORADO (GOCO) IN THE CAPITAL PROJECTS FUND FOR
THE FOSSIL CREEK TRAIL-COLLEGE AVENUE TO SHIELDS STREET PROJECT
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WHEREAS, the State Board of the Great Outdoors Colorado Trust Fund (GOCO) has
awarded the City of Fort Collins a $1,000,000 trail grant for the construction of the Fossil Creek
Trail from College Avenue to Shields Street (the "Project"); and
WHEREAS,the purpose of this item is to appropriate grant funds to the Project; and
WHEREAS, the Project would complete a major connection of the Fossil Creek Trail
from College Avenue to Shields Street and involves 1.25 miles of new concrete trail and a major
tunnel underpass structure at the Burlington Northern Santa Fe (BNSF) Railroad; and
WHEREAS, the trail will connect to the existing Fossil Creek Trail just west of College
Avenue and terminate at the existing trail on the east side of Shields Street; and
WHEREAS, the City has been working with BNSF for several years to get approval of
the City's plans for the underpass, and obtain the necessary easements from the railroad to
complete the work and operate and maintain the underpass on BNSF's property; and
WHEREAS, construction of the underpass is expected to cost approximately $2,700,000
in total; and
WHEREAS, capital funding for the construction of the underpass was appropriated from
the Conservation Trust Fund in years 2015 and 2016 and obtaining this grant will offset trail
funds needed to complete the project; and
WHEREAS, funding for public art for the underpass portion of the Project was
previously appropriated from the Conservation Trust Fund in accordance with the Art in Public
Places (APP)provisions of the City Code; and
WHEREAS, the total Project including ,the tunnel underpass and trail construction is
estimated to cost approximately $4,200,000; and
WHEREAS, staff will be submitting a budget.offer for the remaining funds needed in the
2017-18 budgets, including additional funding for APP, with operation and maintenance funding
for the Project of about $10,000 per year budgeted starting in the 2017 Parks budget; 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
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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.
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 for expenditure from unanticipated grant
revenue in the Capital Projects Fund the sum ONE MILLION DOLLARS ($1,000,000) for the
Fossil Creek Trail-College Avenue to Shields Street Project.
Introduced, considered favorably on first reading, and ordered published this 19th day of
April, A.D. 2016, and to be presented for final passage on the 3rd day of May, A.D. 2016.
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ayoZr
ATTEST:
COLORFQO
City Clerk
Passed and adopted on final reading on the 3rd day of May, A.D. 2016.
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ATTEST: p4 FOR1'C'
City Clerk p••.....•RADp
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