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HomeMy WebLinkAbout050 - 04/16/2002 - APPROPRIATING UNANTICIPATED REVENUE FOR STATE HISTORIC GRANT WORK TO BE PERFORMED ON THE ASMUS SIGNS ORDINANCE NO. 050, 2002 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE DOWNTOWN DEVELOPMENT AUTHORITY OPERATIONS AND MAINTENANCE FUND FOR STATE HISTORIC GRANT WORK TO BE PERFORMED ON THE ASMUS SIGNS BUILDING LOCATED AT 226 PINE STREET WHEREAS,the Downtown Development Authority("DDA")has as part of its mission the ability to participate in street, sidewalk, and other improvements that renovate and otherwise improve the businesses and public improvements in the downtown area; and WHEREAS,Harold Asmus conducted business for many years in the Asmus Signs building located at 226 Pine Street; and WHEREAS, following his death,his family has requested a Historic Structure Assessment to preserve the building and understand future potential within the current setting of downtown Fort Collins; and WHEREAS, the DDA received a State Historic Grant in the amount of$8,400 to perform a Historic Structure Assessment of the building located at 226 Pine Street; and WHEREAS,the grant will pay fees associated with the assessment to the selected architect, CCMK; 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, City staff has determined that the appropriation of the State Historic Grant funds, as described herein, will not cause the total amount appropriated in the relevant funds to exceed the current estimate of actual and anticipated revenues to be received during any fiscal year; and WHEREAS,it is the desire of the Council to appropriate the sum of$8,400 in State Historic Grant funds in the Downtown Development Authority Operations and Maintenance Fund to be used to pay fees associated with the Historic Structure Assessment of 226 Pine 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 Downtown Development Authority Operations and Maintenance Fund the sum of EIGHT THOUSAND FOUR HUNDRED DOLLARS ($8,400) from State Historic Grant funds to be used to pay fees associated with the Historic Structure Assessment of 226 Pine Street. Introduced,considered favorably on first reading and ordered published this 2nd dayofApril, A.D. 2002 and to be presented for final passage on the 16th day of April, A.I?<*2002. Mayor ATTEST: City Clerk Passed and adopted on final reading this 16th day of April, A.D. 2002. Mayor ATTEST: City Clerk