HomeMy WebLinkAbout037 - 03/20/2007 - APPROPRIATING PRIOR YEAR RESERVES DESIGNATED FOR LIBRARY IMPROVEMENTS IN THE CAPITAL IMPROVEMENT EX ORDINANCE NO. 037, 2007
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES DESIGNATED FOR LIBRARY
IMPROVEMENTS IN THE CAPITAL IMPROVEMENT EXPANSION FUND
FOR TRANSFER TO THE CITY'S CAPITAL PROJECTS FUND TO CONSTRUCT A
SOUTHEAST BRANCH LIBRARY AND THE GENERAL FUND TO PURCHASE LIBRARY
BOOKS AND MATERIALS
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,on May 21, 1996,the City Council adopted Ordinance No.051, 1996 amending
the City Code by adding a new article pertaining to the imposition of capital improvement 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 improvement expansion fees imposed under the provisions of the
aforementioned section of the City Code, including a Library Capital Improvement Expansion Fee,
went into effect on July 1, 1996, and the City has since been receiving those fees as a condition of
the issuance of building permits; and
WHEREAS, on July 21, 1998,the City Council adopted on second reading Ordinance No.
121, 1998,increasing the library capital improvement expansion fee to reflect the increased level of
service resulting from the opening of the Harmony Library at Front Range Community College;and
WHEREAS,City Code Section 7.5-27(a)requires that library capital improvement expansion
fee funds be used only for capital improvements related to the provision of general library services,
as such improvements may be identified in the capital improvements plan for library services; and
WHEREAS, on May 19, 1998, the City Council adopted Resolution 1998-83 creating the
Capital Improvements Plan for the library,which plan recommends the library strive to provide 4.0
books per city resident and provide 0.7 square foot per capita; and
WHEREAS, the construction of a new southeast branch library and the purchase of books
and other library materials needed for the new branch library is consistent with the Capital
Improvements Plan; and
WHEREAS,Library staff has determined that savings of approximately$2,200,000 will be
realized by partnering with Bayer Properties for the construction of a 16,000 square foot branch
library located over retail space planned for the Front Range Village, located near the intersection
of Harmony and Ziegler Roads; and
WHEREAS,the estimated cost to construct a 16,000 square foot branch library including the
purchase of books and materials is $5.5 million; and
WHEREAS,library staff recommends appropriating library capital improvement expansion
fee revenues, in the amount of$5.5 million, to be used to construct a 16,000 square foot branch
library including the purchase of books and materials,located at the proposed Front Range Village;
and
WHEREAS, the request for appropriation of fees is consistent with the uses of the fees set
forth in Chapter 7.5 of the City Code; and
WHEREAS,Article V, Section 9,of the Charter of the City of Fort Collins 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,it is the desire of the City Council to appropriate the sum of$5.5 million from
prior year reserves designated for library capital improvements in the Capital Improvement
Expansion Fund for transfer as follows:
To the Capital Projects Fund for Construction of a Branch Library $ 4,500,000
To the General Fund for Books and Materials 1,000,000
Total $ 5,500,000
for appropriation therein, as set forth in the Library Capital Improvements Plan.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That there is hereby appropriated from prior year reserves designated for library
capital improvements in the Capital Improvement Expansion Fund, the sum of FOUR MILLION
FIVE HUNDRED THOUSAND DOLLARS($4,500,000),for transfer to the Capital Projects Fund-
Southeast Branch Library capital project,and appropriated therein,to be used to construct a 16,000
square foot branch library at the proposed Front Range Village.
Section 2. That there is hereby appropriated from prior year reserves designated for library
capital improvements in the Capital Improvement Expansion Fund, the sum of ONE MILLION
DOLLARS ($1,00,000), for transfer to the General Fund, and appropriated therein, to be used to
purchase books and materials for the new branch library at the proposed Front Range Village.
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Introduced and considered favorably on first reading and ordered published this 6th day of
March, A.D. 2007, and to be presented for final passage on the 20th day of March, A.D. 2007.
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 20th day arch, A.D. 2007.
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Mayor
ATTEST:
City Clerk
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