Loading...
HomeMy WebLinkAbout006 - 02/04/1997 - APPROPRIATING UNANTICIPATED REVENUE AND AUTHORIZING TRANSFER OF EXISTING APPROPRIATIONS TO PROVIDE R ORDINANCE NO. 6, 1997 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE TRANSIT SERVICES FUND AND AUTHORIZING THE TRANSFER OF EXISTING APPROPRIATIONS TO BE USED TO PROVIDE REGIONAL BUS SERVICE BETWEEN FORT COLLINS AND LOVELAND WHEREAS, the City of Fort Collins operates a fixed route bus system (Transfort) offering citizens a safe, dependable alternative mode of transportation to various locations throughout the City; and WHEREAS, pursuant to the federal Urban Mass Transportation Act of 1964, as amended, and the federal Intermodal Surface Transportation Efficiency Act of 1991, the City of Fort Collins is required to adopt a comprehensive program for the development and extension of mass transit programs in order to receive federal funds in support of transit projects; and WHEREAS, on March 5, 1996, the City Council approved Resolution 96-16, adopting the City's Transit Development Plan (TDP) for the years 1996 through 2002; and WHEREAS, the TDP provides a seven-year plan, with local and regional components, for providing public and specialized transit services in Fort Collins (local) and Loveland and rural Latimer County (regional); and WHEREAS, within the regional plan, sufficient interest has been shown to warrant the establishment of fixed-route bus service on U.S. Highway 287 between Fort Collins and Loveland, with additional limited service within the City of Loveland; and WHEREAS,representatives from the City of Fort Collins,the City of Loveland, and Latimer County have made presentations to City Councils of Fort Collins and Loveland, the Latimer County Commissioners, and the City's Transportation Board to discuss a plan to provide bus service between Fort Collins and Loveland; and WHEREAS, the City has determined that Transfort could provide fixed route service between Fort Collins and Loveland during 1997 at a cost of$231,120; and WHEREAS, funding for 1997 for a fixed route between Fort Collins and Loveland has been identified as follows: City of Fort Collins - Community Opportunity Investments $ 55,000 City of Loveland 55,000 Larimer County 76,790 Fares 44,330 Total $ 231,120 WHEREAS, on January 21, 1997 City Council adopted Resolution 97-8, authorizing the City Manager to enter into an intergovernmental agreement between the City of Loveland and Larimer County to provide regional bus service between Fort Collins and Loveland; and WHEREAS, in accordance with the terms of the aforementioned agreement the City of Fort Collins will receive funds from the City of Loveland and Larimer County; and the City, through Transfort, will provide the equipment and personnel needed to provide fixed route service which will run from a designated stop in Loveland to the Square in Fort Collins along the U.S. Highway 287 corridor; and 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, Article V, Section 14, of the Charter also authorizes the City Council to transfer by ordinance any unexpended appropriated amounts or portion thereof from one fund to another upon the recommendation of the City Manager,provided that the purpose for which the transferred funds are to be expended remains unchanged or the purpose for which the funds were originally appropriated no longer exists; and WHEREAS, it is the desire of the Council of the City of Fort Collins to appropriate the sum of$176,120, representing funds from the City of Loveland and Larimer County, and to authorize the transfer of$55,000 from existing City appropriations in order to provide fixed route bus service between Fort Collins and Loveland. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the unexpended appropriated amount of FIFTY-FIVE THOUSAND DOLLARS ($55,000)is hereby authorized for transfer from Community Opportunity and Investment dollars in the General Fund to the Transit Services Fund and appropriated therein, representing the City of Fort Collins share of providing fixed route bus service between the cities of Fort Collins and Loveland. Section 2. That there is hereby appropriated for expenditure from unanticipated revenue in the Transit Services Fund,the sum of FIFTY-FIVE THOUSAND DOLLARS ($55,000) from the City of Loveland, representing the City of Loveland's share of providing fixed route bus service between the cities of Fort Collins and Loveland. Section 3. That there is hereby appropriated for expenditure from unanticipated revenue in the Transit Services Fund, the sum of SEVENTY-SIX THOUSAND SEVEN HUNDRED NINETY DOLLARS ($76,790) from Latimer County, representing Latimer County's share of providing fixed route bus service between the cities of Fort Collins and Loveland. Section 4. That there is hereby appropriated for expenditure from unanticipated revenue in the Transit Services Fund, the sum of FORTY-FOUR THOUSAND THREE HUNDRED THIRTY DOLLARS ($44,330) from fare revenues to be generated by providing fixed route bus service between the cities of Fort Collins and Loveland. Introduced, considered favorably on first reading, and ordered published this 21st day of January, A.D. 1997, and to be presented for final passage on the 4 oay of Februar 1997. i CA'ayor ATTEST: �ua City Clerk Passed and adopted on final reading this 4th day of�ftry, A.D. 19 ,7-� ' ayor / ATTEST: �k" City Clerk