HomeMy WebLinkAbout038 - 03/21/2017 - APPROPRIATING PRIOR YEAR RESERVES IN THE NEIGHBORHOOD PARKLAND FUND FOR NEIGHBORHOOD PARK SITE DEVEL (2)ORDINANCE NO. 038,2017
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE NEIGHBORHOOD
PARKLAND FUND FOR NEIGHBORHOOD PARK SITE DEVELOPMENT
AND TRANSFERRING APPROPRIATIONS TO THE CULTURAL SERVICES
AND FACILITIES FUND FOR THE ART IN PUBLIC PLACES PROGRAM
WHEREAS, Parks staff has identified a need to appropriate $1,800,000 for Sidehill Park
and other neighborhood projects; and
WHEREAS, staff has identified a need to appropriate half of those funds ($900,000) for
the Sidehill Park capital project, to include raw water and land acquisition, design services, and
potentially a portion of the budget needed to construct the park; and
WHEREAS, staff has also identified a need to appropriate the second half of those funds
900,000) for other neighborhood park capital projects, including phase I development of the
Streets Facility Park located at the Streets Maintenance Facility near the intersection of Vine and
Lemay, raw water and land purchases for other neighborhood parks, and opportunity projects
that may arise; 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
include design and construction of the parks totaling $900,000 out of the $1,800,000) to be
transferred to the Cultural Services and Facilities Fund for a contribution to the Art in Public
Places (APP) program; 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 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 (project) to another fund (project), provided that the purpose for which the
transferred funds are to be expended remains unchanged.
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
Neighborhood Parkland Fund the sum of ONE MILLION EIGHT HUNDRED
THOUSAND DOLLARS ($1,800,000) for expenditure in the Neighborhood Park Site
1-
Development Fund for Park Development of Sidehill Park and other neighborhood park capital
projects.
Section 3 . That the unexpended appropriated amount of SEVEN THOUSAND
TWENTY DOLLARS ($7 ,020) in the Neighborhood Park Site Development Fund is authorized
for transfer to the Cultural Services and Facilities Fund and appropriated therein for the Art in
Public Places Art Project.
Section 4. That the unexpended appropriated amount of ONE THOUSAND NINE
HUNDRED EIGHTY DOLLARS ($ 1 ,980) in the Neighborhood Park Site Development Fund is
authorized for transfer to the Cultural Services and Facilities Fund and appropriated therein for
the Art in Public Places Program Maintenance and Operations.
Introduced, considered favorably on first reading, and ordered published this 7th day of
March, A. D. 2017, and to be presented for final passage on the 21st day of March, A. D. 2017,
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City Clerk
Passed and adopted on final reading on the 21st day of March, A. D. 2017.
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Mayor
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