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HomeMy WebLinkAbout030 - 04/18/2000 - APPROPRIATING UNANATICIPATED REVENUE IN THE STORM DRAINAGE FUND AND AUTHORIZING THE TRANSFER OF EXIS ORDINANCE NO. 30, 2000 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE STORM DRAINAGE FUND AND AUTHORIZING THE TRANSFER OF EXISTING APPROPRIATIONS IN THE STORM DRAINAGE FUND WHEREAS, on March 10, 2000, the State Office of Emergency Management announced that the City would receive $105,000 of Unmet Needs Grant Funds approved by FEMA, providing the funds for the City to expand its Flood Warning System and continue its Floodproofing Program; and WHEREAS, the purpose of expanding the Flood Warning System is to maximize warning time in the event of a flooding emergency in the City; and WHEREAS, the purpose of the Floodproofing Program is to utilize grants to encourage the construction of cost-effective floodproofing measures in an effort to mitigate repetitive losses from shallow flooding; and WHEREAS, staff has identified the following sources to fund the expansion of the Flood Warning System: Federal Unmet Needs Grant Funds $60,000 Local matching funds from existing appropriations in the Storm Drainage Fund $20,000 Total $80,000; and WHEREAS, staff has identified the following sources to fund the continuation of the Floodproofing Program: Federal Unmet Needs Grant Funds $45,000 Local matching funds from existing appropriations in the Storm Drainage Fund $15,000 Total $60,000; and WHEREAS, Article V, Section 9, of the Charter of the City of Fort Collins (the "Charter") 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 conjunction with all previous appropriations for that fiscal year, do not exceed the current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS, Article V, Section 10, of the Charter authorizes the City Council to transfer by ordinance any unexpended and unencumbered amount or portion thereof from one fund or capital project to another fund or capital project, provided that the purpose for which the funds were appropriated no longer exists. 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 Unmet Needs Grant Funds in the Storm Drainage Fund, Flood Mapping/Stream Gaging Project, the sum of SIXTY THOUSAND DOLLARS ($60,000) to be used for expanding the Flood Warning System. Section 2. That there is hereby appropriated for expenditure from Unmet Needs Grant Funds in the Storm Drainage Fund, Floodproofing Project, the sum of FORTY FIVE THOUSAND DOLLARS ($45,000)to be used for the Floodproofing Program. Section 3. That the unexpended appropriated amount of FIFTEEN THOUSAND DOLLARS ($15,000) is hereby authorized for transfer from the Storm Drainage Fund to the Floodproofing Project, and appropriated therein to be used for the local matching share for the Floodproofing Program. Introduced, considered favorably on first reading, and ordered published this 4th day of April, A.D. 2000, and to be presented for final passage on the 18th day of April, A.D. 2000. �r Mayor ATTEST: City Clerk Passed and adopted on final reading this 18th day of April, A.D. 2000. Mayor ATTEST: - )UL City Clerk