HomeMy WebLinkAbout038 - 03/05/2002 - APPROPRIATING UNANTICIPATED REVENUE AND AUTHORIZING THE TRANSFER OF APPROPRIATIONS TO BE USED FOR BI ORDINANCE NO. 038, 2002
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE
IN THE BUILDING COMMUNITY CHOICES CAPITAL PROJECTS FUND,
NORTH COLLEGE CORRIDOR PROJECT, PHASE 1
PRIOR YEAR RESERVES IN THE TRANSPORTATION SERVICES FUND
AND AUTHORIZING THE TRANSFER OF APPROPRIATIONS TO BE USED FOR
BICYCLE AND PEDESTRIAN IMPROVEMENTS ALONG NORTH COLLEGE AVENUE
BETWEEN JEFFERSON STREET AND VINE DRIVE
WHEREAS,on April 8, 1997,the voters of the City approved Ordinance No. 30, 1997 (the
"Ordinance"), authorizing the imposition of a quarter cent sales and use tax for the purpose of
generating revenues to construct certain transportation projects described in the `Building
Community Choices" ("BCC") capital improvement program; and
WHEREAS, one such project approved for funding by the voters was the North College
Corridor transportation project, phase 1 (the "Project'); and
WHEREAS, the scope of the Project as outlined in the Ordinance calls for the construction
of improvements,in four phases,to improve the safety of pedestrians and vehicles on North College
Avenue focussing on the 1/4 to 1/2 mile north of Jefferson Street; and
WHEREAS, the improvements may include: (1) drainage improvements; (2) widening the
roadway to provide better and safer facilities for bicycles and pedestrians; (3)constructing medians
for access control; and/or (4) improving to full arterial street standards including curb, gutter, and
sidewalk; and
WHEREAS,the Colorado Department of Transportation(CDOT)has made available to the
City of Fort Collins, Congestion Mitigation & Air Quality funds in the amount of$142,270 to be
used for design and construction of bicycle and pedestrian improvements along North College
Avenue, between Jefferson Street and Vine Avenue; and
WHEREAS,local matching funds needed,totaling$34,730,have been identified from prior
year reserves in the Transportation Services Fund; and
WHEREAS, the City Council adopted Resolution 2002-023, on February 19, 2002,
authorizing the City to enter into an intergovernmental agreement with CDOT for the receipt of
Congestion Mitigation & Air Quality funds to be used for design and construction of bicycle and
pedestrian improvements along North College Avenue,between Jefferson Street and Vine Avenue;
and
WHEREAS, the conceptual design for the proposed Project improvements has been
developed in accordance with the North College Avenue/US 287 Access Management Plan; and
WHEREAS, Article V, Section 9, of the Charter of the City of Fort Collins (the "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, do not exceed the then 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; 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, the purpose for which the requested appropriations in the Transportation
Services Fund, will remain the same, upon transfer to the Capital Projects Fund - North College
Corridor project; and
WHEREAS, it is the desire of the Council to appropriate the sum of$138,130 in Colorado
Department of Transportation Congestion Mitigation&Air Quality funds, and the sum of $34,730
from Transportation Services Fund prior year reserves for transfer to the Building Community
Choices Capital Projects Fund - North College Corridor project to be used to for the design and
construction of bicycle and pedestrian improvements along North College Avenue, between
Jefferson Street and Vine Drive.
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 revenue
in the Building Community Choices Capital Projects Fund-North College Corridor project,the sum
of ONE HUNDRED FORTY-TWO THOUSAND TWO HUNDRED SEVENTY DOLLARS
($142,270) from Colorado Department of Transportation Congestion Mitigation & Air Quality
funds, to be used for design and construction of bicycle and pedestrian improvements along North
College Avenue, between Jefferson Street and Vine Drive.
Section 2. That the sum of THIRTY-FOUR THOUSAND SEVEN HUNDRED THIRTY
DOLLARS ($34,730)is hereby appropriated from prior year reserves in the Transportation Services
Fund,and authorized for transfer to the Building Community Choices Capital Projects Fund-North
College Corridor project to be used for design and construction of bicycle and pedestrian
improvements along North College Avenue, between Jefferson Street and Vine Drive.
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.
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Mayor
ATTEST:
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City Clerk
Passed and adopted on final reading this 5th day of March, A.D. 2002.
Mayor
ATTE
ST:
City Clerk