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HomeMy WebLinkAbout008 - 02/05/2002 - APPROPRIATING UNANTICIPATED REVENUE IN THE TRANSIT FUND TO MARKET THE PASSFORT BUS PASS PROGRAM IN T ORDINANCE NO. 008, 2002 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE TRANSIT FUND TO MARKET THE PASSFORT BUS PASS PROGRAM IN THE LOCAL TRANSPORTATION DEMAND MANAGEMENT PROGRAM WHEREAS, Transfort has developed and offered an "eco pass" called PassFort for businesses to purchase for their employees; and WHEREAS, it has been found that direct business outreach is the most effective way to reach the greatest number of employees; and WHEREAS, as a result, the Local Transportation Demand Management (TDM) Program proposes a more concentrated effort on promoting the Transfort PassFort passes to employers as an effective strategy to increase modal shift in Fort Collins and to provide an effective tool for business outreach; and WHEREAS, an application for funding to promote the Transfort program was approved by the Colorado Department of Transportation ("CDOT") for $54,651 in the form of Congestion Mitigation and Air Quality ("CMAQ") funds and is included in the CDOT's 2002 budget; and WHEREAS, the local matching funds needed, totaling $11,380, have been identified, and are appropriated and available in the Transfort marketing budget in the Transit Fund; and WHEREAS, Article V, Section 9, of the Charter of the City of Fort Collins 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 do not exceed the then 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 CMAQ grant funds from CDOT for promotion of the Transfort PassFort program, 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 in that fund during any fiscal year WHEREAS, it is the desire of the Council to appropriate $54,651 in CMAQ funds from CDOT in the Transit Fund. 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 Transit Fund the sum of FIFTY-FOUR THOUSAND SIX HUNDRED FIFTY-ONE DOLLARS ($54,651) for the Local TDM Program for use in marketing the PassFort program. Introduced, considered favorably on first reading and ordered published this 15th day of January, A.D. 2002 and to be presented for final passage on the 5th day of February, A.D. 2002. Mayor ATTEST: 7)ula�. City Clerk Passed and adopted on final reading this 5th day of February, A.D. 2. Mayor ATTEST:— �LLV. ��� _ City Clerk