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HomeMy WebLinkAbout056 - 04/21/1998 - AUTHORIZING THE TRANSFER OF APPROPRIATIONS BETWEEN THE TIMBERLINE EXTENSION CAPITAL PROJECT AND THE ORDINANCE NO. 56, 1998 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE TRANSFER OF APPROPRIATIONS BETWEEN THE TIMBERLINE EXTENSION CAPITAL PROJECT AND THE ART IN PUBLIC PLACES RESERVE ACCOUNT IN THE CULTURAL SERVICES AND FACILITIES FUND WHEREAS, the City Council adopted Ordinance No. 197, 1997, on January 6, 1998, appropriating prior year reserves in the Capital Projects Fund and authorizing the transfer of appropriations between capital projects for the purpose of providing an additional $890,000 for the construction of an extension of Timberline Road from Prospect to SummitView capital project (the "Timberline Extension Project"); and WHEREAS, pursuant to Section 23-304 of the City Code, one percent (1%) of the funds appropriated for the Timberline Extension Project was required to be set aside in the Art in Public Places reserve account in the Cultural Services and Facilities Fund, for use in the acquisition or leasing of works of art, maintenance, repair or display of works of art, and administrative expenses related to the Art in Public Places Program, in accordance with the Art in Public Places Guidelines adopted by Council in Ordinance No. 20, 1995 (the "Guidelines"); and WHEREAS, one percent of the funds appropriated for the Timberline Extension Project in Ordinance No. 197, 1997, or $8,900, was not previously transferred to the Art in Public Places reserve account in the Cultural Services and Facilities Fund; and WHEREAS, Article V, Section 10, of the Charter of the City of Fort Collins authorizes the City Council to transfer by ordinance any unexpended and unencumbered amount or portion thereof from one fund or capital project to another fund or capital project, provided that the purpose for which the transferred funds are to be expended remains unchanged; and WHEREAS, on October 21, 1997, the Council approved the commission of artist Robert Tully for the creation of a landscape sculpture art project in connection with the Timberline Extension Project in Resolution 97-142; and WHEREAS, the additional $8,900 will be used along with previously earmarked funds, totaling $78,670, to allow the artist, Robert Tully, to expand the landscape sculpture art project planned and approved for the Timberline Extension Project; and WHEREAS, it is the desire of the Council to authorize the transfer of$8,900 from the Choices 95 Timberline Extension capital project to the Art in Public Places program in the Cultural Services and Facilities Fund, to be used with existing appropriations for the landscape sculpture proposed by artist Robert Tully for the Timberline Extension Project. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the unexpended appropriated amount of EIGHT THOUSAND NINE HUNDRED DOLLARS ($8,900) is hereby authorized for transfer from the Choices 95 Timberline Extension capital project to the Art in Public Places reserve account in the Cultural Services and Facilities Fund,and appropriated therein,to be used for the landscape sculpture project by artist Robert Tully, in connection with the Timberline Extension Project. Introduced and considered favorably on first reading and ordered published this 7th day of April, A.D. 1998, and to be presented for final passage on the 21 s y April, A.D . / r Mayor ATTEST: 34048." City Clerk Passed and adopted on final reading this 21 st day of April, A, .99.81. `mayor - ATTEST: City Clerk