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HomeMy WebLinkAbout049 - 04/16/2002 - AUTHORIZING THE TRANSFER OF EXISTING APPROPRIATIONS BETWEEN PROJECTS IN THE STORM DRAINAGE FUND ORDINANCE NO. 049, 2002 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORING THE TRANSFER OF EXISTING APPROPRIATIONS BETWEEN PROJECTS IN THE STORM DRAINAGE FUND WHEREAS, on March 16, 1999, the Council approved Ordinance No. 42, 1999, which amended the Storm Drainage Design Criteria and Construction Standards by revising the Rainfall Intensity Duration Curve Graph; and WHEREAS, the amended Storm Drainage Design Criteria and Construction Standards and Rainfall Intensity Curve Graph require that the City revise its Storm Drainage Basin Master Plans; and WHEREAS, problem identification and the recommended plan of storm drainage improvements are expected to be completed by the end of 2002 with consideration by Council in 2003; and WHEREAS, this is an accelerated schedule since the development of the 2002 budget to ensure information is available on a timely basis for floodplain administration, financial planning, capital projects administration and development review; and WHEREAS, in the 2002 Budget, Council approved appropriations of $605,000 for the Master Planning project; and WHEREAS, it has since been determined that additional appropriations of $300,000 are needed in order to complete the Master Plan revisions within the accelerated timeframe; and WHEREAS, existing appropriations have been identified in the Foothills Basin Project in the Storm Drainage Fund; and WHEREAS,Article V,Section 10,of the Charter of the City of Fort Collins the City Council may, by ordinance, upon the recommendation of the City Manger, transfer any unexpended and unencumbered appropriated amount or portion thereof from one fund or capital project account to another fund or capital project account provided that the purpose for which the funds were initially appropriated no longer exists; and WHEREAS, the purpose for which the original appropriations were needed in the Foothills Basin Project no longer exists; and WHEREAS, it is the desire of the Council to authorize the transfer of unspent and unencumbered appropriations, totaling $300,000 from the Foothills Basin Project to the Basin Master Plans Project to allow staff to proceed with revising and updating Basin Master Plans in all of the City's storm drainage basins. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the sum of THREE HUNDRED THOUSAND DOLLARS ($300,000) is hereby authorized for transfer from the Foothills Basin Project in the Storm Drainage Fund to the Basin Master Plans Project in the Storm Drainage Fund and appropriated therein to allow staff to proceed with revising and updating Basin Master Plans in all of the City's storm drainage basins. Introduced,considered favorably on first reading and ordered published this 2nd day of April, A.D. 2002 and to be presented for final passage on the 16th day of April, A. , 2002. Mayor ATTEST: City Clerk Passed and adopted on final reading this 16th day of April, A.D. 2002. r7 - Mayor ATTEST: City Clerk