HomeMy WebLinkAbout132 - 08/17/1999 - APPROPRIATING UNANTICIPATED REVENUE FOR INSTALLING NEW CROSSING WARNING DEVICES AT LARIMER COUNTY RO ORDINANCE NO. 132, 1999
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
CAPITAL PROJECTS FUND MINOR STREETS CAPITAL PROJECT
TO BE USED TO INSTALL NEW CROSSING WARNING DEVICES AT THE
LARIMER COUNTY ROAD 32 AND UNION PACIFIC RAILROAD CROSSING
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, does not exceed the then current estimate of actual
and anticipated revenues to be received during the fiscal year; and
WHEREAS,the City Council adopted Resolution 99-96,on August 3, 1999,authorizing the
City to enter into a contract with the Colorado Department of Transportation(CDOT)and the Union
Pacific Railroad Company for the receipt of Intermodal Surface Transportation Efficiency Act funds
(ISTEA) to be used to install new crossing warning devices at the Larimer County Road 32 and
Union Pacific Railroad crossing (the "Project"); and
WHEREAS, the estimated cost of the Project is One Twenty-Nine Thousand Dollars
($129,000); and
WHEREAS, CDOT has made available to the City, Intermodal Surface Transportation
Efficiency Act funds to pay for one hundred(100) percent of the cost($126,758) of installing new
crossing warning devices at the Project; and
WHEREAS,local funds,totaling Two Thousand Two Hundred Forty-Two Dollars($2,242)
have been identified and are appropriated in the 1999 Capital Projects Fund Minor Streets Capital
project to be used to reimburse the Colorado Department of Transportation for its costs in
administering the Project; and
WHEREAS, it is the desire of the Council to appropriate the sum of$126,758 in federal
Intermodal Surface Transportation Efficiency Act funds to be used to install new crossing warning
devices at the Larimer County Road 32 and Union Pacific Railroad crossing.
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 TWENTY-SIX
THOUSAND SEVEN HUNDRED FIFTY-EIGHT DOLLARS ($126,758), upon receipt from
Colorado Department of Transportation Intermodal Surface Transportation Efficiency Act funds,to
be used to install new crossing warning devices at the Larimer County Road 32 and Union Pacific
Railroad crossing.
Introduced and considered favorably on first reading and ordered published this 3rd day of
August, A.D. 1999, and to be presented for final passage on the 17th day of August, A.D. 1999.
Mavor
ATTEST:
C c 1
City Clerk
Passed and adopted on final reading this l 7th day of August, A.D. 1999.
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Mayor
ATTEST:
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City Clerk