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HomeMy WebLinkAbout013 - 02/15/2005 - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND - MINOR STREETS PROJECT TO BE USED ORDINANCE NO. 013, 2005 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND - MINOR STREETS PROJECT TO BE USED WITH EXISTING APPROPRIATIONS FOR THE DESIGN AND CONSTRUCTION OF THE LEMAY AVENUE SOUTHBOUND RIGHT TURN LANE AT MULBERRY STREET WHEREAS, the intersection at Lemay Avenue and Mulberry Street is a full movement, signalized intersection, which experiences a high volume of turning traffic for all directional movements; and WHEREAS,right turn lanes exist at all legs of this intersection except for southbound Lemay Avenue; and WHEREAS, the Colorado Department of Transportation ("CDOT") has made available to the City of Fort Collins,under the Surface Transportation Improvement Program for FY 2004-2005, federal funds in the amount of$156,617 to be used for the design and construction of a right turn lane on southbound Lemay Avenue at Mulberry Street (the "Project"); and WHEREAS, the scope of the Project improvements will include grading, asphalt and concrete pavement, concrete curb and gutter, concrete walkway relocation, enhanced crosswalk, median, related drainage improvements,utility access adjustments and related signing and striping; and WHEREAS,local matching funds needed to cover the cost of the Project improvements and administrative costs associated with the Project, totaling $43,383, have been identified and are available in the form of existing appropriations in the Capital Projects Fund-Minor Streets capital project; and WHEREAS, the City Council adopted Resolution 2005-006, on February 1, 2005, authorizing the Mayor to enter into an intergovernmental agreement with CDOT for the receipt of Federal Surface Transportation Improvement Program Funds to be used for the design and construction of a right turn lane on southbound Lemay Avenue at Mulberry Street ; 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, 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 Federal Surface Transportation Improvement Program Funds from CDOT as described herein will not cause the total amount appropriated in the Capital Projects Fund - Minor Streets capital project budget to exceed the current estimate of actual and anticipated revenues to be received during any fiscal year; and WHEREAS, it is the desire of the Council to appropriate the sum of$156,617 in Federal Surface Transportation Improvement Program Funds from CDOT, to be used with existing appropriations totaling$43,383, in the Capital Projects Fund- Minor Streets capital project for the purpose of designing and constructing a right turn lane on southbound Lemay Avenue at Mulberry Street. 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 Capital Projects Fund - Minor Streets capital project, the sum of ONE HUNDRED FIFTY-SIX THOUSAND SIX HUNDRED SEVENTEEN DOLLARS ($156,617) from Colorado Department of Transportation Federal Surface Transportation Improvement Program Funds, for the purpose of designing and constructing a right turn lane on southbound Lemay Avenue at Mulberry Street. Introduced and considered favorably on first reading and ordered published this 1st day of February, A.D. 2005, and to be presented for final passage on the 15th day of ebruary, A.D. 2005. Mayor ATTEST: kLw':�' -"I City Clerk QJ Passed and adopted on final reading this 15th day of February, A.D. 2005. Mayor ATTEST: City Clerk