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HomeMy WebLinkAbout073 - 07/18/2000 - APPROPRIATING PRIOR YEAR RESERVES IN THE CAPITAL EXPANSION FUND FOR IMPROVEMENTS RELATING TO THE PRO ORDINANCE NO. 73, 2000 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE CAPITAL EXPANSION FUND FOR IMPROVEMENTS RELATING TO THE PROVISION OF LIBRARY SERVICES WHEREAS, the City of Fort Collins has recognized and addressed the issue of requiring future growth and new development to contribute its proportionate share of the cost of providing new capital facilities and infrastructure required to maintain the City's level of services to its residents; and WHEREAS,the City Council adopted Ordinance No. 51, 1996,on May 21, 1996,amending the City Code by adding a new article pertaining to the imposition of capital expansion fees to be used to fund capital improvements for the library,community parkland,police services,fire services, and general governmental facility services; and WHEREAS,the capital expansion fees imposed under the provisions of the aforementioned section of the City Code,including a Library Capital Improvement Expansion Fee,went into effect on July 1, 1996, and the City has since been receiving said fees as a condition of the issuance of building permits; and WHEREAS, City Code Section 7.5-18, provides for annual fee increases in the capital improvement expansion fees corresponding to the increases in the Denver-Boulder Consumer Price Index for all urban consumers; and WHEREAS,on July 21, 1998,the Council adopted on second reading Ordinance No. 121, 1998, increasing the library Capital Improvement Expansion Fee to reflect the increased level of service resulting from the opening of the Harmony Library at Front Range Community College;and WHEREAS,on November 16, 1999,the City Council adopted on second reading Ordinance No. 171, 1999,adjusting the capital improvement expansion fees for increases in inflation based on the Denver-Boulder Consumer Price Index; and WHEREAS, City Code Section 7.5-27(a) requires that Library Capital Improvement Expansion Fee funds be used only for capital improvements related to the provision of general library services,as such improvements may be identified in the capital improvements plan for library services; and WHEREAS, the City Council adopted Ordinance No. 93, 1998, on June 2, 1998, appropriating prior year Library Capital Expansion reserves to purchase books and other library materials; and WHEREAS,the purchase of books and other library materials is consistent with the Capital Improvements Plan for the Library adopted by the Council in Resolution 98-83 on May 19, 1998; and WHEREAS,the Library Capital Improvements Plan recommends that the Library strive to provide 4.0 books per city resident and increase annual per capita library expenditures to$36 by the year 2015; and WHEREAS, Library staff has identified the need to appropriate an additional $250,000 of Library Capital Improvement Expansion Fees, to be used to purchase books and other library materials, in an effort to move toward the aforementioned goals set forth in the Library Capital Improvements Plan; and WHEREAS,the aforementioned request for appropriation of said fees is consistent with the uses of the fees set forth in Chapter 7.5 of the City Code; and WHEREAS, funds are available in the Capital Expansion Fund for Library Services, from prior year reserves in the amount of$250,000; and WHEREAS,Article V,Section 9,of the Charter of the City of Fort Collins 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 funds,totaling$250,000,from prior year reserves in the Capital Expansion Fund for the provision of costs associated with Library Services. NOW,THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure from prior year reserves in the Capital Expansion Fund,the sum of TWO HUNDRED FIFTY THOUSAND DOLLARS ($250,000)to be used to purchase books and other library materials,as set forth in the Library Capital Improvements Plan. Introduced, considered favorably on first reading, and ordered published this 20th day of June, A.D. 2000, and to be considered for final passage on the 18th day of July, A.D. 2000. Mayor Pro Tnm ATTEST: City Clerk Passed and adopted on final reading this 18th day of July, A.D. 2000. Mayor ATTEST: City Clerk /�