HomeMy WebLinkAbout035 - 05/04/1999 - APPROPRIATING PRIOR YEAR RESERVES IN THE CAPITAL EXPANSION FUND AND AUTHORIZING THE TRANSFER OF APPR ORDINANCE NO. 35, 1999
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE
CAPITAL EXPANSION FUND AND AUTHORIZING THE TRANSFER
OF APPROPRIATIONS BETWEEN FUNDS FOR IMPROVEMENTS
RELATING TO THE SOUTHWEST COMMUNITY PARK
WHEREAS, the City of Fort Collins has recognized and addressed the issue of requiring
future growth and new development to contribute its proportionate share of the cost of providing new
capital facilities and infrastructure required to maintain the City's level of services to its residents;
and
WHEREAS,the City Council adopted Ordinance No. 51, 1996,on May 21, 1996,amending
the City Code by adding a new Article pertaining to the imposition of capital expansion fees to be
used to fund capital improvements for the library,community parkland,police services,fire services,
and general governmental facility services; and
WHEREAS,the capital expansion fees imposed under the provisions of the aforementioned
section of the City Code, including a Community Parkland Capital Improvement Expansion Fee,
went into effect on July 1, 1996,and the City has since been receiving said fees as a condition of the
issuance of building permits; and
WHEREAS, City Code Section 7.5-18 provides for annual fee increases in the capital
improvement expansion fees corresponding to the increase in the Denver-Boulder Consumer Price
Index for all urban consumers; and
WHEREAS, on November 17, 1998, the City Council adopted Ordinance No. 205, 1998,
adjusting the aforementioned capital expansion fees for increases in inflation based on the Denver-
Boulder Consumer Price Index; and
WHEREAS, City Code Section 7.5-28(a) requires that Community Parkland Capital
Improvement Expansion Fee 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, Park Planning staff have identified the need to appropriate $570,000 of
Community Parkland Capital Improvement Expansion Fees, to be used to cover certain costs
associated with the construction of Southwest Community Park, including the partial piping of
Dixon Canal, irrigation and pump house improvements, utility work, a temporary asphalt path,
design costs, and art in public places; and
WHEREAS, the development of the Southwest Community Park is identified in and
consistent with the Parks and Recreation Policy Plan adopted by the Council in Resolution 96-147
on December 3, 1996; and
WHEREAS,the aforementioned request for appropriation of said fees is in compliance with
the uses of the fees set forth in Chapter 7.5 of the City Code; and
WHEREAS, funds are available in the Capital Expansion Fund for Community Parkland,
from prior year reserves in the amount of$570,000; 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, Article V, Section 10,of the Charter authorizes the City Council to transfer by
ordinance any unexpended 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 or the purpose for which the funds were initially appropriated no
longer exists; 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, it is the desire of the Council to appropriate$570,000 from prior year reserves
in the Capital Expansion Fund for Community Parkland for the provision of costs associated with
Southwest Community Park,and authorize the transfer of$5,700 from the Capital Expansion Fund,
Southwest Community Park project to 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 there is hereby appropriated for expenditure from prior year reserves in the
Capital Expansion Fund, the sum of FIVE HUNDRED SEVENTY THOUSAND DOLLARS
($570,000) to be used for certain costs associated with the development of the Southwest
Community Park.
Section 2. That the unexpended appropriated amount of FIVE THOUSAND SEVEN
HUNDRED DOLLARS ($5,700)is hereby authorized for transfer from the Southwest Community
Park project in the Capital Expansion 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
construction of the Southwest Community Park.
Introduced, considered favorably on first reading, and ordered published this 20th day of
April, A.D. 1999, and to be considered for final passage on the 4th day of May, A.D. 1999.
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 4th day of May, A.D. 1999.
Mavor
ATTEST:
City Clerk