HomeMy WebLinkAbout061 - 04/15/1997 - APPROPRIATING UNANTICIPATED REVENUE IN THE TRANSPORTATION SERVICES FUND AND AUTHORIZING TRANSFER OF ORDINANCE NO. 61, 1997
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
TRANSPORTATION SERVICES FUND AND AUTHORIZING
THE TRANSFER OF APPROPRIATIONS FOR THE CONSTRUCTION
OF STREETSCAPE IMPROVEMENTS AT THE INTERSECTION OF
COLLEGE AVENUE AND LAPORTE AVENUE
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, on April 1, 1997, City Council adopted Resolution 97-46, authorizing the City
to enter into an intergovernmental with the Colorado State Department of Transportation (CDOT)
for the receipt of federal Intermodal Surface Transportation Efficiency Act(ISTEA) Enhancement
Funds to provide for the planning,design,and construction of improvements, including landscaping
and pedestrian enhancements at the intersection of College Avenue and LaPorte Avenue (the
"Project"); and
WHEREAS, the Project's estimated total cost is $44,000; and
WHEREAS,the CDOT has made available to the City, ISTEA Enhancement Funds in the
total amount of$35,000 for the planning, design, and construction of the Project; and
WHEREAS, local matching funds needed for the project, totaling $9,000, have been
identified and are appropriated in the Transportation Services Fund 1997 budget; and
WHEREAS, Article V, Section 14 of the Charter 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 to appropriate the sum of$35,000 in federal
ISTEA Enhancement Funds and authorize the transfer of$9,000 in local matching funds in order to
proceed with the Project; and
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 THIRTY-FIVE THOUSAND DOLLARS($35,000)
from the Colorado Department of Transportation to be used for the planning, design, and
construction of improvements to the College Avenue and LaPorte Avenue Intersection Project.
Section 2. That the unexpended appropriated amount of NINE THOUSAND DOLLARS
($9,000) is hereby authorized for transfer from operating and maintenance dollars in the
Transportation Services Fund to the College Avenue and LaPorte Avenue Intersection Project in the
same fund.
Introduced and considered favorably on first reading and ordered published this 1 st day of
April, A.D. 1997, and to be presented for final passage on the 15th day of April, A.D. 1997.
Mayor
ATTEST:
vu,
City Clerk
Passed and adopted on final reading this 15th day of, ril, 1997.
ayor
ATTEST:
City Clerk