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HomeMy WebLinkAbout063 - 07/01/2008 - APPROPRIATING PRIOR YEAR RESERVES IN THE STORMWATER FUND FOR REVIEW OF STORMWATER BEST MANAGEMENT PR ORDINANCE NO. 063, 2008 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE STORMWATER FUND FOR REVIEW OF STORMWATER BEST MANAGEMENT PRACTICES AND IMPLEMENTATION OF LOW IMPACT DEVELOPMENT DEMONSTRATION PROJECTS WHEREAS, the City Council has requested a review of current Stormwater Best Management Practices; and WHEREAS, such a review supports the Utilities 21st Century Initiative to implement sustainable utility practices; and WHEREAS, the Urban Water Center at Colorado State University ("CSU") is recognized nationally as a leader in stormwater best management practices and is engaged in a study of such practices commissioned by the Colorado Stormwater Council; and WHEREAS, by virtue of Colorado State University's ongoing work in the field of stormwater best management practices,the Urban Water Center is uniquely positioned to leverage the results of concurrent studies with a review of the City's stormwater practices; and WHEREAS,the Colorado Stormwater Council study allows for strong synergy in the review of the City's stormwater practices and would lower the City's cost of review due to the participation of graduate students; and WHEREAS,one of the purposes ofUniverCity Connections is to bring CSU,the City of Fort Collins, Downtown, and the Poudre River together in harmony with our natural environment and utilizing the services of CSU to review the City's stormwater practices would further this purpose; and WHEREAS,City staff has recommended,and by authorization of Resolution 2008-054,the Council has authorized an agreement between the City and CSU for the above described purposes; and WHEREAS, the funds needed to carry out the City's financial obligations under this agreement are available from the Stormwater Fund prior year reserves; 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. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure from Stormwater Fund Prior Year Reserves the sum of THREE HUNDRED THREE THOUSAND AND TWELVE DOLLARS ($303,012),to be used to fund the City's obligations under the above-referenced intergovernmental agreement with Colorado State University for the review of the City's stormwater best management practices and implementation of low impact development demonstration projects. Introduced,considered favorably on first reading,and ordered published this 3rd day of June, A.D. 2008, and to be presented for final passage on the 1 st dayoT7uly, A.D. 2008. 0 ATTEST: ktCity Clerk Passed and adopted on final reading on the 1 st day of J .D. 2008. Mayo ATTEST: City Clerk