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HomeMy WebLinkAbout143 - 10/15/2002 - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND PEDESTRIAN ACCESSIBILITY CAPITAL PR ORDINANCE NO. 143, 2002 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND - PEDESTRIAN ACCESSIBILITY CAPITAL PROJECT TO BE USED FOR CROSSWALK IMPROVEMENTS AT VARIOUS DOWNTOWN INTERSECTIONS ALONG COLLEGE AVENUE WHEREAS,in 2001,the City applied for and received a total of$21,000 in Federal Hazard Elimination and State matching funds to pay for 100%of the cost to design crosswalk improvements on College Avenue (US Highway 287) and LaPorte Avenue, Mountain Avenue, Oak Street, and Olive Street; and WHEREAS, on November 6, 2001, City Council adopted Ordinance No. 155, 2001, appropriating $21,000 in Federal Hazard Elimination and State matching funds, from Colorado Department of Transportation to be used to design crosswalk improvements at aforementioned intersections along College Avenue; and WHEREAS,in 2002,the City applied for and received a total of$122,100 in Federal Hazard Elimination and State matching funds to pay for 100% of the cost to construct crosswalk improvements on College Avenue and LaPorte Avenue, Mountain Avenue, Oak Street, and Olive Street (the "Project"); and WHEREAS, the estimated cost of the Project is $122,100, with no local matching funds required; 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 funds from the Colorado Department of Transportation as described herein will not cause the total amount appropriated in the Capital Projects Fund - Pedestrian Accessibility capital project 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$122,100 in Federal Hazard Elimination and State matching funds from the Colorado Department of Transportation for the construction of crosswalk improvements on College Avenue (US Highway 287) and LaPorte Avenue, Mountain Avenue, Oak Street, and Olive 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 - Pedestrian Accessibility capital project, the sum of ONE HUNDRED TWENTY-TWO THOUSAND ONE HUNDRED DOLLARS ($122,100) in Federal Hazard Elimination and State matching funds from the Colorado Department of Transportation, to be used for the construction of crosswalk improvements on College Avenue(US Highway 287)and LaPorte Avenue, Mountain Avenue, Oak Street, and Olive Street. Introduced and considered favorably on first reading and ordered published this 1 st day of October, A.D. 2002, and to be presented for final passage on the 15th day of October, A.D. 2002. 01 E- Mayor ATTEST: City Clerk Passed and adopted on final reading this 15th day of October, A.D. 2002. Mayor TEST: City Clerk