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HomeMy WebLinkAbout068 - 05/05/1998 - APPROPRIATING UNANTICIPATED REVENUE AND PRIOR YEAR RESERVES IN THE TRANSPORTATION SERVICES FUND FOR ORDINANCE NO. 68, 1998 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE AND PRIOR YEAR RESERVES IN THE TRANSPORTATION SERVICES FUND FOR THE SMARTTRIPS TRANSPORTATION DEMAND MANAGEMENT PROGRAM WHEREAS,the City's SmartTrips Transportation Demand Management Program promotes awareness and participation in alternative modes of transportation, including but not limited to car pooling, van pooling, biking, and public transit services, in concert with the goal of shifting ten percent of single occupant vehicle trips to other modes; and WHEREAS, the SmartTrips program relies heavily on federal funding as well as working closely with other cities around the region and the business community in an effort to leverage resources to fund the program; and WHEREAS, the North Front Range Transportation and Air Quality Planning Council has identified$183,384, from the following sources,to be appropriated for the SmartTrips program and used to design, promote and implement additional programming in 1998: Colorado Department of Transportation Grants $ 132,990 International Council on Local Environmental Initiatives Grant 32,000 Transportation Services Fund Prior Year Reserves 10,394 Contribution from Hewlett-Packard in Greeley 5,000 Contribution from State Farm Insurance in Greeley 3,000 Total $ 183,384 WHEREAS, Article V, Section 9, of the Charter of the City of Fort Collins (the "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 conjunction with all previous appropriations for that fiscal year, do not exceed the current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS,Article V, Section 9,of the Charter also 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, it is the desire of the Council to appropriate the sum of $183,384 from unanticipated revenues and prior year reserves in the Transportation Services Fund to provide additional programming for the SmartTrips Transportation Demand Management Program. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That there is hereby appropriated for expenditure from unanticipated revenue in the Transportation Services Fund, the sum of ONE HUNDRED SEVENTY-TWO THOUSAND NINE HUNDRED NINETY DOLLARS ($172,990) from the following sources to be used to provide additional programming for the SmartTrips Transportation Demand Management Program: Colorado Department of Transportation Grant $ 132,990 International Council on Local Environmental Initiatives Grant 32,000 Hewlett-Packard of Greeley Contribution 5,000 State Farm Insurance of Greeley Contribution 3.000 Total $ 172,990 Section 2. That there is hereby appropriated for expenditure from prior year reserves in the Transportation Services Fund the sum of TEN THOUSAND THREE HUNDRED NINETY-FOUR DOLLARS ($10,394) to be used to provide additional programming for the Smart Trips Transportation Demand Management Program. Introduced and considered favorably on first reading and ordered p%wished this 2 ay of April, A.D. 1998, and to be presented for final passage on the 5th,4 eery ofkfay, A. 998. Mayor ATTEST: City Clerk .. Passed and adopted on final reading this 5th day of May A.D. 1998. Mayor ATTEST: Nau - City Clerk