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HomeMy WebLinkAbout009 - 02/04/2003 - APPROPRIATING UNANTICIPATED REVENUE TO BE USED FOR DESIGN AND CONSTRUCTION OF IMPROVEMENTS TO THE MA ORDINANCE NO. 009, 2003 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE BUILDING COMMUNITY CHOICES CAPITAL PROJECTS FUND, MASON TRANSPORTATION CORRIDOR PROJECT, TO BE USED FOR DESIGN AND CONSTRUCTION OF IMPROVEMENTS TO THE MASON TRANSPORTATION CORRIDOR PROJECT SOUTH OF HARMONY ROAD TO THE FUTURE FOSSIL CREEK TRAIL WHEREAS, on April 8, 1997, the voters of the City approved Ordinance No. 30, 1997, authorizing the imposition of a quarter cent sales and use tax for the purpose of generating revenues to construct certain transportation projects described in the"Building Community Choices"("BCC") capital improvement program; and WHEREAS, one such project approved for funding by the voters was the Mason Transportation Corridor project, Phases 1 and 2; and WHEREAS,on October 3,2000,City Council adopted Resolution 2000-124,approving the Mason Transportation Corridor Master Plan, including the design, cost and scheduling contained therein, and extending the southern boundary of the Mason Transportation Corridor project from Harmony Road to the Fossil Creek Trail,provided that revenues are available for said extension;and WHEREAS,the Transportation Board,Planning and Zoning Board and Air Quality Advisory Board also recommended adoption of the Master Plan; and WHEREAS, September 18, 2001, City Council adopted Ordinance No. 138, 2001, appropriating $265,250 in Congestion Mitigation & Air Quality funds from the Colorado Department of Transportation(CDOT)and$64,750 in City matching funds to be used for the design and initial construction of improvements to the Mason Transportation Corridor project, from Harmony Road south to the Fossil Creek Trail; and WHEREAS, CDOT has made available to the City of Fort Collins an additional $234,706 in Congestion Mitigation&Air Quality funds to be used for design and construction of bicycle and pedestrian trail improvements, south of Harmony Road to the Fossil Creek Trail, as part of the Mason Transportation Corridor project; and WHEREAS,local matching funds needed,totaling$57,294,have been identified in the form of existing appropriations in the Building Community Choices - Mason Transportation Corridor capital project; and WHEREAS, the City Council adopted Resolution 2003-004, on January 21, 2003, authorizing the City to enter into an intergovernmental agreement with CDOT for the receipt of Congestion Mitigation & Air Quality funds to be used for design and initial construction of improvements to the Mason Transportation Corridor project,from Harmony Road south to the Fossil Creek Trail; 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 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 Congestion Mitigation&Air Quality funds from CDOT as described herein will not cause the total amount appropriated in the Capital Projects Fund-Mason Transportation Corridor project to exceed the then current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS, it is the desire of the Council to appropriate the sum of$234,706 in CDOT Congestion Mitigation & Air Quality funds, to be used with existing appropriations, totaling $57,294, representing the City's local match to be used for the design and construction of improvements to the Mason Transportation Corridor project,from Harmony Road south to the Fossil Creek Trail. 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 Building Community Choices Capital Projects Fund-Mason Transportation Corridor project, the sum of TWO HUNDRED THIRTY-FOUR THOUSAND SEVEN HUNDRED SIX DOLLARS ($234,706) from Colorado Department of Transportation Congestion Mitigation & Air Quality funds,to be used for design and construction of improvements to the Mason Transportation Corridor project, from Harmony Road south to the Fossil Creek Trail. Introduced and considered favorably on first reading and ordered published this 21 st day of January, A.D. 2003, and to be presented for final passage on the 4th day of February, A.D. 2003. Acting Mayor ATTEST: 14�4 .. City Clerk At Passed and adopted on final reading this 4th day of February, A.D. 2003. i Mayor __.. �. AqTEST. 'ALL, City Clerk