HomeMy WebLinkAbout023 - 03/07/2000 - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND FOR THE PURPOSE OF CONSTRUCTING IMP ORDINANCE NO. 23, 2000
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
CAPITAL PROJECTS FUND FOR THE PURPOSE OF CONSTRUCTING
IMPROVEMENTS IN THE DOWNTOWN AREA CONSISTENT WITH THE
MISSION OF THE DOWNTOWN DEVELOPMENT AUTHORITY
WHEREAS, on February 15, 2000, the City Council adopted Ordinance No. 10, 2000,
appropriating bond proceeds,totaling$608,000,in the Downtown Development Authority Fund to
be used to construct capital improvements in the downtown area including acquiring a facade
easement on the Armstrong(formerly Empire)Hotel;public right-of-way acquisition for the Trolley
Station project; intersection and streetscape improvements along Mason Street (Four Corners
Project); and sidewalk/streetscape improvements along Walnut Street (Walnut Street Sidewalk
Improvements Project); and
WHEREAS, Section 1 of Ordinance No. 10, 2000, authorizes the appropriation of one
hundred eighty-five thousand dollars in the Downtown Development Authority Fund for transfer to
the City's Capital Projects Fund to be used for the Four Corners Project($ 140,000),and the Walnut
Street Sidewalk Improvement Project ($45,000); and
WHEREAS, the scope of work on the Four Corners Project will include landscaped
pedestrian ways,enhanced crosswalks,tree planting and decorative lighting along the Civic Center
projects; and
WHEREAS, improvements associated with the Walnut Street Sidewalk Improvements
Project will include colored concrete,paver installation and tree grates along the sidewalk frontage,
on the north side of Walnut Street, from College Avenue to the old firehouse, and renovating the
existing traffic island at the intersection of Pine, Walnut, and College Avenue; and
WHEREAS,Article V, Section 9,of the Charter of the City of Fort Collins permits the City
Council to make supplemental appropriations by ordinance at any time during the fiscal year,
provided that the total 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 received during the fiscal year; and
WHEREAS,it is the desire of the Council to appropriate the sum of$185,000,to be received
as a transfer from the Downtown Development Authority Fund, in the Capital Projects Fund to be
used for the Four Corners Project($140,000)and the Walnut Street Sidewalk Improvements Project
($45,000).
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 Capital Projects Fund, Four Corners Capital Project, the sum of ONE HUNDRED FORTY
THOUSAND DOLLARS ($140,000) representing a transfer from the Downtown Development
Authority Fund to be used for streets,intersection and streetscape improvements along Mason Street,
in conjunction with the Civic Center Projects at Laporte Avenue.
Section 2. That there is hereby appropriated for expenditure from unanticipated revenue in
the Capital Projects Fund, Walnut Sidewalk Improvements Capital Project, the sum of FORTY-
FIVE THOUSAND DOLLARS($45,000)representing atransfer from the Downtown Development
Authority Fund to be used for sidewalk/streetscape improvements along the north side of Walnut
Street, from College Avenue to the old firehouse.
Introduced and considered favorably on first reading and ordered published this 15th day of
February, A.D. 2000, and to be presented for final passage on the 7th day of March, A.D. 2000.
Mayor
ATTEST:
City Clerk
Passed and adopted on final reading this 7th day of March, A.D.
-Mayor
ATTEST:
n r/G'f Y "
City Clerk