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HomeMy WebLinkAbout071 - 05/18/1999 - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND TO BE USED FOR THE GATEWAY MOUNTAIN ORDINANCE NO. 71, 1999 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND TO BE USED FOR THE GATEWAY MOUNTAIN PARK ACCESS ROAD PROJECT WHEREAS,the City of Fort Collins owns a 400-acre site located approximately five miles up the Poudre Canyon,which property was formerly known as the City's Water Treatment Plant No. 1, and is currently identified as Gateway Mountain Park; and WHEREAS, the City Council has provided direction to make the Park accessible to the public by improving the entry road to the Park from Highway 14 (the "Project") at an estimated design and construction cost of$1,120,000; and WHEREAS, City Council adopted Resolution 98-113,on August 18, 1998,authorizing the City to contract with the Colorado Department of Transportation(CDOT)for the realignment of the entry road to Gateway Mountain Park; and WHEREAS, on September 1, 1998, City Council adopted Ordinance No. 135, 1998, appropriating $664,000 to be used for improvements associated with the Project, with the understanding that the remaining funds ($456,000) would be appropriated in 1999 and 2000; and WHEREAS, CDOT has subsequently made available an additional $59,000 to be used for the Project; and WHEREAS, sufficient City funds were appropriated in Ordinance No. 135, 1998,to match the new total grant amount; and WHEREAS, City Council adopted Resolution 99-54, on May 4, 1999, amending the intergovernmental agreement between the City of Fort Collins and the Colorado Department of Transportation for the design and development of the access road to Gateway Mountain Park; 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, do not 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 funds, totaling $59,000, from unanticipated revenue in the Capital Projects Fund, Gateway Mountain Park capital project, to be used for the design and development of the access road to Gateway Mountain Park. 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, Gateway Mountain Park capital project, the sum of FIFTY-NINE THOUSAND DOLLARS($59,000),representing additional revenue from the Colorado Department of Transportation to be used for the design and development of the access road to Gateway Mountain Park. Introduced,considered favorably on first reading and ordered published this 4th day of May, A.D. 1999, and to be presented for final passage on the 18th day of May, A.D. 1999. Mavor ATTEST: City Clerk Passed and adopted on final reading this 18th day of May, A.D. 1999. Mayor ATTEST: City Clerk