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HomeMy WebLinkAbout067 - 06/06/1995 - APPROPRIATING UNANTICIPATED REVENUE AND PRIOR YEAR RESERVES IN THE CULTURAL SERVICE & FACIITLITES FU ORDINANCE NO. 67, 1995 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE AND PRIOR YEAR RESERVES IN THE CULTURAL SERVICES & FACILITIES FUND MUSEUM BUDGET FOR THE PLANNING OF A MAJOR PERMANENT EXHIBIT AND OTHER ASSOCIATED PROJECT COSTS WHEREAS, Article V, Section 14, of the Charter of the City of Fort Collins (the "Charter") authorizes the City Council to appropriate unanticipated revenues which are the result of new revenue sources at any time during the year in which such revenue is received; and WHEREAS, the National Endowment for the Humanities (NEH) has made available to the City, grant funds in the total amount of$45,000 to fund the planning for a major permanent exhibit (the "Project"); and WHEREAS,the Project will also include a community based collection initiative, staff travel to recent museum exhibits with 20th century and urban environmental themes, and planning for public and school programming designed to expand on the exhibit's themes; and WHEREAS, the goal of the Project is to provide visitors to the museum with an innovative exhibit that will interpret the process of historical and contemporary western settlement and its impact on the environment, using Fort Collins as a case study to explore the historical and national trends of this urban/environmental western phenomena; and WHEREAS, the Project, which has a working title of Fort Collins 2000, will be located in the Fort Collins Museum and will occupy approximately 3,500 square feet; and WHEREAS, the projected cost of the Project is $55,366; and WHEREAS, staff is recommending that funds totalling $10,366 available in Museum reserves as of the end of 1994 should be used to supplement the NEH grant funds totalling $45,000 in order to proceed with the Project; and WHEREAS, Article V, Section 7 of the Charter provides that City Council may provide by ordinance for payment of any expense from prior year reserves, notwithstanding that such reserves were not appropriated for expenditure in the annual appropriation ordinance; and WHEREAS, it is the desire of the Council to appropriate the sum of$45,000 to be received from the NEH and $10,366 from Museum reserves for the purpose of funding the Project. NOW,THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS: Section 1. That upon receipt of the NEH grant there is hereby appropriated for expenditure from unanticipated revenue in the Cultural Services & Facilities Fund Museum budget the sum of FORTY-FIVE THOUSAND DOLLARS ($45,000) to be used to fund the Project. Section 2. That there is hereby appropriated for expenditure from prior year reserves in the Cultural Services & Facilities Fund TEN THOUSAND THREE HUNDRED SIXTY-SIX DOLLARS ($10,366) to be used to fund the Project. Introduced, considered favorably on first reading, and ordered published this 16th day of May, A.D. 1995, and to be presented for final passage on the 6th da f June, A.D. 1995. Mayor ATTEST: City Clerk Passed and adopted on final reading this 6th day of Ju kA-..0 1995. Mayor ATTEST: City Clerk