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HomeMy WebLinkAbout128 - 09/07/2004 - APPROPRIATING FUNDS FOR THE PURPOSE OF PURCHASING HYDROGEN FUELING EQUIPMENT AND INFRASTRUCTURE AT T ORDINANCE NO. 128, 2004 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE AND PRIOR YEAR RESERVES IN THE LIGHT AND POWER FUND AND AUTHORIZING THE TRANSFER OF EXISTING APPROPRIATIONS IN THE EQUIPMENT FUND FOR THE PURPOSE OF PURCHASING HYDROGEN FUELING EQUIPMENT AND INFRASTRUCTURE AT THE TRANSFORT ALTERNATIVE FUELING STATION WHEREAS,on March 19,2002,the City Council adopted Resolution 2002-027,establishing a policy to implement hydrogen-related projects within the City; and WHEREAS, the Colorado Governor's Office of Energy Management and Conservation agreed to donate$210,000 worth of fueling equipment and funds,to be used with other City funds, to add a Hythane®/Hydrogen fueling appliance and related infrastructure to the fueling facility at the City's Transfort site on Trilby Road(Transfort Alternative Fueling Station); and WHEREAS,Hythane(a mixture of natural gas and hydrogen),an alternative vehicle fueling source, can be used directly in the City vehicles designed to operate on compressed natural gas ("CNG"); and WHEREAS, the use of Hythane typically results in a 40-50% reduction in emissions over the use of CNG; and WHEREAS, pure hydrogen can also be dispensed from the proposed Hythane®/Hydrogen appliances allowing the City to purchase hydrogen vehicles in the future; and WHEREAS, the estimated cost of the Hythane®/Hydrogen appliances and related infrastructure improvements is $452,000, with available funding identified as follows: Colorado Governor's Office of Energy Management and Conservation - Equipment Donation $ 210,000 City's Light &Power Fund -Prior Year Reserves $ 35,000 City's Equipment Fund - Existing Appropriations 207 000 Total $ 452,000 WHEREAS, Article V, Section 9, of the Charter of the City of Fort Collins ("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 current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS, City staff has determined that the appropriation of the donated equipment and funds, as described herein, will not cause the total amount appropriated in the relevant funds to exceed the current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS,Article V,Section 9,of the Charter also 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,Article V, Section 10,of the Charter authorizes the City Council to transfer by ordinance any unexpended and unencumbered 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; and WHEREAS,it is the desire of the Council to authorize the acceptance of the donation of the hydrogen fueling equipment and funds for a total value of$210,000 from the Colorado Governor's Office of Energy Management and Conservation, appropriate the sum of$35,000 from prior year reserves in the Light & Power Fund for transfer to the City's Equipment Fund - Transfort Alternative Fueling Station project, for appropriation therein, and authorize the transfer of existing appropriations,totaling$207,000,from the City's Equipment Fund operating budget to the Transfort Alternative Fueling Station project, within the Equipment Fund, to be used to install Hythane®/ Hydrogen fueling appliances and related infrastructure at the Transfort Alternative Fueling Station; and NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That there is hereby appropriated for expenditure from unanticipated revenues in the Equipment Fund-Transfort Alternative Fueling Station project the sum of TWO HUNDRED TEN THOUSAND DOLLARS ($210,000) to be used to install Hythane®/Hydrogen fueling appliances and related infrastructure at the Transfort Alternative Fueling Station. Section 2. That there is hereby appropriated for expenditure from prior year reserves in the Light & Power Fund for transfer to the Equipment Fund - Transfort Alternative Fueling Station project, and appropriated therein, the sum of THIRTY-FIVE THOUSAND DOLLARS ($35,000) to be used to install Hythane®/Hydrogen fueling appliances and related infrastructure at the Transfort Alternative Fueling Station. Section 3. That the unexpended appropriated amount of TWO HUNDRED SEVEN THOUSAND DOLLARS ($207,000) is hereby authorized for transfer from the Equipment Fund operations budget to the Equipment Fund-Transfort Alternative Fueling Station project to be used to install Hythane® / Hydrogen fueling appliances and related infrastructure at the Transfort Alternative Fueling Station. Introduced, considered favorably on first reading, and ordered published this 17th day of August, A.D. 2004, and to be presented for final passage on the 7th day of September, A.D. 2004. Ale Mayor ' ATTEST: City Clerk Passed and adopted on final reading this 7th day of September, A.D 004. Mayor ATTEST: L� City Clerk