HomeMy WebLinkAbout042 - 05/20/2008 - AUTHORIZING THE TRANSFER OF EXISTING APPROPRIATIONS FROM THE STREET OVERSIZING FUND TO THE CAPITAL P ORDINANCE NO. 042, 2008
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE TRANSFER OF EXISTING APPROPRIATIONS
FROM THE STREET OVERSIZING FUND TO THE CAPITAL
PROJECTS FUND FOR BUILDING ON BASICS -HARMONY,
SENECA TO COLLEGE AVENUE PROJECT
WHEREAS,West Harmony Road from College Avenue to Seneca Street is a major east-west
arterial route in the City of Fort Collins and serves the major destinations of Front Range Community
College and the Harmony Library; and
WHEREAS, sections of this route have been widened but most of the roadway operates as
a two-lane street and many sections lack adequate sidewalks and bike lanes; and
WHEREAS,the intersection of Harmony Road and Shields Street produces long delays and
has one of the highest accident rates in the City; and
WHEREAS,City staff prioritized constructing improvements to this route to improve traffic
flow and safety,and construction of the improvements is scheduled for the summer and fall of 2008;
and
WHEREAS,the improvements include widening west Harmony Road between Seneca Street
and College Avenue to four-lane arterial street standards including bike lanes, sidewalks and a
reconstruction of the Harmony/Shields intersection; and
WHEREAS, in prior years $5.5 million has been appropriated to begin this project and in
2008 an additional $2,500,000 is needed to proceed with the construction of the roadway
improvements; and
WHEREAS, fund are available for transfer to the Capital Projects Fund from existing
appropriations in the Street Oversizing Fund; and
WHEREAS,Article V, Section 10,of the Charter authorizes the City Council to transfer by
ordinance any unexpended and unencumbered appropriated amount or portion thereof from one fund
to another fund, provided that the purpose for which the transferred funds are to be expended
remains unchanged.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the unexpended appropriated amount of TWO MILLION FIVE HUNDRED
THOUSAND DOLLARS($2,500,000)is hereby authorized for transfer from the Street Oversizing
Fund to the Capital Projects Fund, Building on Basics-Harmony,Seneca to College Avenue capital
project to be used for roadway and intersection improvements.
Introduced,considered favorably on first reading,and ordered published this 6th day of May,
A.D. 2008, and to be presented for final passage on the 20th day May, A.D. 2008.
jik
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading on the 20th day of May, A.D. 2008.
Mayo
ATTEST:
,�O'O'q ,s
City Clerk/C447C