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HomeMy WebLinkAbout139 - 09/18/2001 - APPROPRIATING UNANTICIPATED REVENUE FOR DESIGN AND INITIAL CONSTRUCTION OF IMPROVEMENTS TO THE MASON ORDINANCE NO. 13% 2001 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE BUILDING COMMUNITY CHOICES CAPITAL PROJECTS FUND, MASON STREET TRANSPORTATION CORRIDOR PROJECT, PRIOR YEAR RESERVES IN THE TRANSPORTATION SERVICES FUND AND AUTHORIZING THE TRANSFER OF APPROPRIATIONS TO BE USED FOR DESIGN AND INITIAL CONSTRUCTION OF IMPROVEMENTS TO THE MASON STREET TRANSPORTATION CORRIDOR PROJECT SOUTH OF HARMONY ROAD TO THE FUTURE FOSSIL CREEK TRAIL WHEREAS, on April 8, 1997, the voters of the City approved Ordinance No. 30, 1997, 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 Mason Street Transportation Corridor project, Phases 1 and 2; and WHEREAS,on October 3,2000,City Council adopted Resolution 2000-124,approving the Mason Street Transportation Corridor Master Plan, including the design, cost and scheduling contained therein,and extending the southern boundary of the Mason Street Transportation Corridor project from Harmony Road to the Fossil Creek Trail,provided that revenues are available for said extension; and WHEREAS,the Transportation Board,Planning and Zoning Board and Air Quality Advisory Board also recommended adoption of the Master Plan; 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$265,250, $973 of which was appropriated in the Transportation Services Fund by City Council by adoption of Ordinance No. 93,2001,to be used for design and initial construction of bicycle and pedestrian trail improvements, south of Harmony Road to the Fossil Creek Trail, as part of the Mason Street Transportation Corridor project; and WHEREAS, local matching funds needed, totaling $64,750, have been identified from existing appropriations and prior year reserves in the Transportation Services Fund, $237 of which was appropriated in the Transportation Services Fund by City Council via Ordinance No. 93,2001; and WHEREAS, the City Council adopted Resolution 2001-109, on September 4, 2001, 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 initial construction of improvements to the Mason Street Transportation Corridor project, from Harmony Road south to the Fossil Creek Trail; 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,ofthe 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; and WHEREAS, it is the desire of the Council to appropriate the sum of$264,277 in Colorado Department of Transportation Congestion Mitigation&Air Quality funds,and the sum of $54,705 from Transportation Services Fund prior year reserves,and to authorize the transfer of$11,018 from the Transportation Services Fund to the Building Community Choices Capital Projects Fund to be used to for the design and initial construction of improvements to the Mason Street Transportation Corridor project, from Harmony Road south to the Fossil Creek Trail. 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, Mason Street Transportation Corridor project,the sum of TWO HUNDRED SIXTY-FOUR THOUSAND TWO HUNDRED SEVENTY- SEVEN DOLLARS($264,277)from Colorado Department of Transportation Congestion Mitigation & Air Quality funds, to be used for design and initial construction of improvements to the Mason Street Transportation Corridor project, from Harmony Road south to the Fossil Creek Trail. Section 2. That there is hereby appropriated from prior year reserves in the Transportation Services Fund,the sum of FIFTY-FOUR THOUSAND SEVEN HUNDRED FIVE DOLLARS ($54,705) and authorized for transfer to the Building Community Choices Capital Projects Fund, Mason Street Transportation Corridor project, and appropriated therein, to be used for the design and initial construction of improvements to the Mason Street Transportation Corridor project, from Harmony Road south to the Fossil Creek Trail. Section 3. That the unexpended appropriated amount of ELEVEN THOUSAND EIGHTEEN DOLLARS ($11,018) is hereby authorized for transfer from the Transportation Services Fund 2001 budget to the Building Community Choices Capital Projects Fund,Mason Street Transportation Corridor project to be used for design and initial construction of improvements to the Mason Street Transportation Corridor project,from Harmony Road south to the Fossil Creek Trail. Introduced and considered favorably on first reading and ordered published this 4th day of September, A.D. 2001, and to be presented for final passage on the 18th day of September, A.D. 2001. r ,Z ; Mayor . ATTEST: 71 City Clerk Passed and adopted on final reading this 18th day of September, A.D. 2001. Mayor ATTEST: City Clerk