HomeMy WebLinkAbout099 - 09/05/2000 - APPROPRIATING UNANTICIPATED REVENUE TO BE USED FOR UPGRADING THE RAILROAD CROSSING MATERIAL AT THE T ORDINANCE NO. 99, 2000
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
CAPITAL PROJECTS FUND MINOR STREETS CAPITAL PROJECT TO BE USED FOR
UPGRADING THE RAILROAD CROSSING MATERIAL AT THE TRILBY
ROAD/BURLINGTON NORTHERN SANTA FE RAILROAD CROSSING
LOCATED EAST OF SHIELDS STREET
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,the City Council adopted Resolution 2000-98,on August 15,2000,authorizing
the City to enter into a contract with the Burlington Northern Santa Fe Railway Company for
upgrading the crossing material at the Trilby Road/Burlington Northern Santa Fe Railroad crossing
located east of Shields Street (the"Project"); and
WHEREAS, the estimated cost of the Project is thirty-five thousand and forty dollars
($35,040); and
WHEREAS,one of the requirements for off-site street improvements for the Registry Ridge
P.U.D. development project is that the Developer must pay for 100% of the cost to upgrade the
railroad crossing material at the Trilby Road/Burlington Northern Santa Fe Railroad crossing,located
east of Shields Street; and
WHEREAS,to pay for the improvements,the Developer has deposited forty thousand dollars
($40,000) with the City to cover the cost; and
WHEREAS, any funds remaining once the project is completed will be returned to the
Developer; and
WHEREAS, the funds received by the Developer will be used to reimburse the Burlington
Northern Santa Fe Railway Company for its work done to upgrade the crossing material; and
WHEREAS,it is the desire of the Council to appropriate the sum of$40,000 in unanticipated
revenue in the Capital Projects Fund Minor Street Capital project to be used to upgrade the railroad
crossing material at the Trilby Road/Burlington Northern Santa Fe Railroad crossing located east of
Shields Street.
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 Minor Street Capital Project, the sum of FORTY THOUSAND DOLLARS
" ($40,000),from Developer deposited funds, to be used for upgrading the railroad crossing material
at the Trilby Road/Burlington Northern Santa Fe Railroad crossing located east of Shields Street.
Introduced and considered favorably on first reading and ordered published this 15th day of
August, A.D. 2000, and to be presented for final passage on the 5th day of ptember, A.D. 2000.
Oa
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 5th day of September, A 2000.
Mayor
ATTEST:
' WALU \�44;:
City Clerk