HomeMy WebLinkAbout127 - 10/03/2000 - APPROPRIATING UNANTICIPATED REVENUE TO BE USED FOR IMPROVEMENTS ASSOCIATED WITH PHASE III OF THE RAI ORDINANCE NO. 127, 2000
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
CAPITAL PROJECTS FUND DOWNTOWN RAILROAD TRACK CONSOLIDATION
CAPITAL PROJECT TO BE USED FOR IMPROVEMENTS ASSOCIATED
WITH PHASE III OF THE RAILROAD CONSOLIDATION PROJECT
WHEREAS, in 1992,the City of Fort Collins,the Burlington Northern Railroad,the Union
Pacific Railroad and the Colorado Department of Transportation partnered to develop a railroad track
consolidation plan which would improve train operations and eliminate a majority of tracks in the
downtown area and reduce delays to motorists, traffic construction, air pollution, and improve the
safety of City streets; and
WHEREAS, since 1992, a total of $1,800,000 has been appropriated for the railroad
consolidation project (the "Project'); and
WHEREAS,the City has been awarded a$500,000 grant from the Colorado Department of
Transportation to be used for design and construction of Phase III of the Project, including
upgrading the crossings, relocating and reconstructing track, and designing and constructing street
improvements related to the crossings at Linden Street and Lincoln Avenue; and
WHEREAS, no City matching funds are required; and
WHEREAS,Article V, Section 9, of the Charter of the City of Fort Collins 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 combination with all previous
appropriations for that fiscal year,does not exceed the then current estimate of actual and anticipated
revenues to be received during the fiscal year; and
WHEREAS, it is the desire of the Council to appropriate the sum of $500,000 in
unanticipated revenue in the Capital Projects Fund Downtown Railroad Track Consolidation project
to be used for the design and construction of Phase III improvements to the railroad tracks and
railroad crossings at Linden Street and Lincoln Avenue.
NOW,THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated for expenditure from unanticipated revenue in the
Capital Projects Fund Downtown Railroad Track Consolidation Project, the sum of FIVE
HUNDRED THOUSAND DOLLARS ($500,000), from a grant from the Colorado Department of
Transportation,to be used for the design and construction of Phase III improvements to the railroad
crossings at Linden Street and Lincoln Avenue.
Introduced and considered favorably on first reading and ordered published this 19th day of
September, A.D. 2000, and to be presented for final passage on the 3rd day of October, A.D. 2000.
Mayor Pro Tem
ATTEST:
City Clerk
Passed and adopted on final reading this 3rd day of October, A.D. 2000.
Mayor
ATTEST:
- 4.� L "I City Clerk ,