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HomeMy WebLinkAbout030 - 03/05/2002 - APPROPRIATING PRIOR YEAR RESERVES FOR THE PURPOSE OF ACQUIRING LAND FROM POUDRE SCHOOL DISTRICT FOR ORDINANCE NO. 030, 2002 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES DESIGNATED FOR COMMUNITY PARK IMPROVEMENTS IN THE CAPITAL IMPROVEMENT EXPANSION FUND FOR TRANSFER TO THE CAPITAL PROJECTS FUND WEBSTER COMMUNITY PARK CAPITAL PROJECT AND THE KECHTER ROAD IMPROVEMENTS PROJECT FOR THE PURPOSE OF ACQUIRING LAND FROM POUDRE SCHOOL DISTRICT FOR THE WEBSTER COMMUNITY PARK SITE AND FOR THE CONSTRUCTION OF IMPROVEMENTS TO KECHTER ROAD WHEREAS,the current Parks and Recreation Policy Plan, which was approved by the City Council with the adoption of Resolution 96-146 in December 1996, recommends that community parks be developed at a standard of 4.5 acres per 1,000 population; and WHEREAS,the southeast section of the community will need to be served by a 50 to 60 acre community park based on the projected density of residential development; and WHEREAS,the City and Poudre School District have looked at a 160-acre site(the"Webster Site")located one mile south of Harmony Road,along Ziegler Road,Kechter Road,and Rock Creek Drive as a joint location for a new high school in 2004 and future site of a community park; and WHEREAS, the City and Poudre School District have developed a conceptual site plan which calls for 53.652 acres to be allotted for the community park; and WHEREAS,the Parks and Recreation Board discussed the Webster Site at its April 25,2001, and October 24, 2001, meetings and voted in support of the purchase of that site for a community park; and WHEREAS,the purchase price of the Webster Site is $1,475,493 and the City is scheduled to close on the acquisition of property on March 18, 2002; and WHEREAS, as owner of the Webster Site, the City will be responsible for certain improvements to Kechter Road, which runs along the southern boundary of the Webster Site; and WHEREAS,staff has determined that it would be most cost effective for the City to construct its share of the improvements to Kechter Road in conjunction with the construction of roads and infrastructure for the new high school; and WHEREAS,the City's estimated share,as owner of the Webster Site,of the costs associated with improvements to Kechter Road is $1,062,315 and; WHEREAS, staff recommends that the purchase of the Webster Site and the improvements to Kechter Road be funded from prior year reserves accumulated in the Capital Improvement Expansion Fund for community park improvements; and WHEREAS,City Code Section 7.5.28(a)requires that Capital Improvement Expansion Fee for Community Parkland funds be used only for capital improvements related to the provision of community parks, as such improvements may be identified in the capital improvements plan for community parkland; and WHEREAS, purchase of the Webster Site for a community park and costs associated with the construction of Kechter Road at the southern boundary of the proposed park are identified in,and consistent with the Parks and Recreation Policy Plan adopted by the City Council in Resolution 96- 147 on December 3, 1996,and updated in 1999, and are also included in the City's 10-Year Capital Improvement Plan and Inventory (2001-2010); and WHEREAS, Article V, Section 9, of the Charter of the City of Fort Collins (the"Charter") permits the City Council to appropriate by ordinance at any time during the fiscal year such funds for expenditure as may be available from reserves accumulated in prior years, notwithstanding that such reserves were not previously appropriated; and WHEREAS,under Article V,Section 10,of the Charter,the City Council may,by ordinance, upon the request of the City Manager, transfer any unexpended and unencumbered appropriated amount or portion thereof from one fund or capital project to another fund or capital project provided that the purpose for which the transferred funds are to be expended remains unchanged; the purpose for which the funds were initially appropriated no longer exists;or the proposed transfer is from a fund or capital project account in which the amount appropriated exceeds the amount needed to accomplish the purpose specified in the appropriation ordinance; and WHEREAS, it is the desire of the Council to appropriate the sum of$2,537,808 from prior year reserves designated for community park improvements in the Capital Improvement Expansion Fund for transfer to the Capital Projects Fund-Webster Park project($1,475,493)and to the Capital Projects Fund-Kechter Road Improvements project($1,062,315),for the purpose of acquiring land for Webster Park and constructing improvements to Kechter Road; and WHEREAS, the purpose of the Capital Improvement Expansion Fees for Community Parkland,requested for appropriation in the Capital Improvement Expansion Fund, will remain the same upon transfer to the Capital Projects Fund-Webster Park project and the Capital Projects Fund - Kechter Road Improvements project. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated from prior year reserves designated for community park improvements in the Capital Improvement Expansion Fund, the sum of TWO MILLION FIVE HUNDRED THIRTY-SEVEN THOUSAND EIGHT HUNDRED EIGHT DOLLARS($2,537,808), for transfer as follows: To: Capital Projects Fund- Webster Park Project $ 1,475,493 To: Capital Projects Fund- Kechter Road Improvements Project $ 1,062,315 Total $ 2,537,808 and appropriated therein for the purpose of acquiring the land for Webster Park and constructing the City's share of improvements to Kechter Road associated with the Webster Site. Introduced and considered favorably on first reading and ordered published this 19th day of February, A.D. 2002, and to be presented for final passage on the 5th day of March, A.D. 2002. Mayor ATTEST: City Clerk Passed and adopted on final reading this 5th day of March, A.D. 2002. ayor < , ATTEST: City Clerk