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HomeMy WebLinkAbout126 - 09/04/2001 - AUTHORIZING THE TRANSFER OF APPROPRIATIONS TO BE USED FOR FINAL DESIGN AND SITE PREPARATION/CONSTRUC ORDINANCE NO. 126, 2001 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE TRANSFER OF APPROPRIATIONS FROM THE TRANSIT SERVICES FUND TO THE CAPITAL PROJECTS FUND CSU TRANSIT CENTER CAPITAL PROJECT TO BE USED FOR THE FINAL DESIGN AND SITE PREPARATION/CONSTRUCTION OF THE CSU TRANSIT CENTER WHEREAS,the City and Colorado State University(CSU)have been working together since 1996 to develop a campus transit center; and WHEREAS, the City and CSU staffs have completed the conceptual design of the CSU Transit Center in 1998 and presented the proposed project to City Council and the Colorado State Board of Agriculture; and WHEREAS, both City Council and the Colorado State Board of Agriculture provided direction to continue with the development of the CSU Transit Center project; and WHEREAS, the project includes the lease of land, design and construction of a Transit Center which will be owned and operated by the City of Fort Collins; and WHEREAS,the project will be designed and constructed in a phased manner to ensure that, if all the federal funds required to complete the total project are not made available, the project will still be able to function as a transfer point in the City's public transit system; and WHEREAS, the total estimated cost for the project is $10,000,000 with funding sources projected to be $8,000,000 from Federal grants and $2,000,000 local share in the form of CSU's contribution of approximately 8.21 acres of leased land; and WHEREAS,the City has applied for,received and appropriated in the Transit Services Fund Section 5309 Federal Transit Administration grant funds totaling $1,794,724; and WHEREAS, under Article V, Section 10 of the Charter of the City of Fort Collins (the "Charter") the City Council may, by ordinance, upon the recommendation of the City Manager, transfer any unexpended and unencumbered appropriated amount or portion thereof from one fund or capital project account to another fund or capital project account provided that the purpose for which the transferred funds are to be expended remains unchanged; and WHEREAS, pursuant to Section 23-304 of the City Code, one percent (1%) of the funds appropriated for the construction of capital projects should be set aside in the Art in Public Places Reserve account in the Cultural Services and Facilities Fund,for use in the acquisition or leasing of works of art, maintenance,repair or display of works of art, and administrative expenses related to the Art in Public Places Guidelines adopted by Council in Ordinance No. 47, 1998; and WHEREAS, the purpose for which the Federal Transit Administration grant funds in the Transit Services Fund were initially appropriated remains the same, and the City Manager has recommended that said unspent and unencumbered funds be transferred into the Capital Projects Fund, CSU Transit Center capital project and that such funds be earmarked for expenditure for the final design and site preparation/construction of the proposed CSU Transit Center; and WHEREAS, it is the desire of the Council to authorize the transfer of unspent and unencumbered appropriations, totaling $1,794,724, from the Transit Services Fund to the Capital Projects Fund, CSU Transit Center capital project to be used for the purpose of design and site preparation/construction work for the CSU Transit Center,and provide funding for the City's Art in Public Places program by authorizing the transfer of$17,947 from the CSU Transit Center Capital Project and the Art in Public Places Reserve Account in the Cultural Services and Facilities Fund. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. That the sum of ONE MILLION SEVEN HUNDRED NINETY-FOUR THOUSAND SEVEN HUNDRED TWENTY-FOUR DOLLARS($1,794,724)is hereby authorized for transfer from the Transit Services Fund to the Capital Project Fund, CSU Transit Center capital project and appropriated therein for the purpose of design and site preparation/construction work for the CSU Transit Center. Section 2. That the unexpended appropriated amount of SEVENTEEN THOUSAND NINE HUNDRED FORTY-SEVEN DOLLARS($17,947)is hereby authorized for transfer from the CSU Transit Center capital project in the Capital Projects Fund to the Art in Public Places Reserve Account in the Cultural Services and Facilities Fund, and appropriated therein to be used for art associated with the design and construction of the CSU Transit Center. Introduced, considered favorably on first reading and ordered published this 21 st day of August, A.D. 2001 and to be presented for final passage on the 4th d of September, A.D. 2001. 'Mayor ATTEST: %il Zk�l a A 60 h City Clerk , Passed and adopted on final reading this 4th day of September, A.D. 2001. Mayor . ATTEST: City Clerk