HomeMy WebLinkAbout007 - 01/18/2000 - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND TO BE USED TO INSTALL NEW CROSSING ORDINANCE NO. 7, 2000
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
CAPITAL PROJECTS FUND DOWNTOWN RAILROAD TRACK CONSOLIDATION
CAPITAL PROJECT TO BE USED TO INSTALL NEW CROSSING WARNING DEVICES
AT THE LINCOLN AVENUE CROSSING OF THE UNION PACIFIC RAILROAD TRACKS
NORTHEAST OF JEFFERSON STREET
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, the City Council adopted Resolution 2000-3, on January 4, 2000, authorizing
the City to enter into a contract with the Colorado Department of Transportation(CDOT) and the
Union Pacific Railroad Company for the receipt of Intermodal Surface Transportation Efficiency
Act funds (ISTEA) to be used to install new crossing warning devices at the Lincoln Avenue
crossing of the Union Pacific Railroad tracks northeast of Jefferson Street (the "Project'); and
WHEREAS, the estimated cost of the Project is one hundred fifty-five thousand dollars
($155,000); and
WHEREAS, CDOT has made available to the City Intermodal Surface Transportation
Efficiency Act funds to pay for one hundred percent (100%) of the cost of installing new crossing
warning devices at the Project, or $148,844; and
WHEREAS, local funds, totaling six thousand one hundred fifty-six dollars ($6,156)have
been identified and are appropriated in the 2000 Capital Projects Downtown Railroad Track
Consolidation capital project to be used to reimburse the Colorado Department of Transportation for
its costs in administering the Project; and
WHEREAS, it is the desire of the Council to appropriate the sum of$148,844 in federal
Intermodal Surface Transportation Efficiency Act funds to be used to install new crossing warning
devices at the Lincoln Avenue Crossing of the Union Pacific Railroad Tracks Northeast of Jefferson
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 Downtown Railroad Track Consolidation capital project, the sum of ONE
HUNDRED FORTY-EIGHT THOUSAND EIGHT HUNDRED FORTY-FOUR DOLLARS
($148,844), from Colorado Department of Transportation Intermodal Surface Transportation
Efficiency Act funds, to be used to install new crossing warning devices at the Lincoln Avenue
Crossing of the Union Pacific Railroad Tracks Northeast of Jefferson Street.
Introduced and considered favorably on first reading and ordered published this 4th day of
January, A.D. 2000, and to be presented for final passage on the 18th day of January, A.D. 2000.
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 18th day of January, A.D. 2000.
Mayor
ATTEST:
City Clerk