HomeMy WebLinkAbout127 - 10/07/2003 - APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE TRANSPORTATION SERVICES FUND-COLLEGE AVENUE/LAKE ST ORDINANCE NO. 127, 2003
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED GRANT REVENUE
IN THE TRANSPORTATION SERVICES FUND -
COLLEGE AVENUEILAKE STREET MEDIAN PROJECT
TO BE USED TO INSTALL A MEDIAN TO IMPROVE SAFETY
AT THE INTERSECTION OF COLLEGE AVENUE AND LAKE STREET
WHEREAS, the intersection at College Avenue and Lake Street, a full movement, stop
controlled intersection, has the highest number of accidents for any stop controlled intersection
within Fort Collins; and
WHEREAS, in the fall of 2002, the City applied for and received a total of $186,000 in
Federal Hazard Elimination grant funds to pay for 100% of the cost of constructing a median on
College Avenue at Lake Street for the purpose of improving safety at the intersection of College
Avenue and Lake Street (the "Project"); and
WHEREAS, the estimated cost of the Project is $186,000, with no local matching funds
required; and
WHEREAS, construction of the Project will take place during the summer of 2004; and
WHEREAS, the City Council adopted Resolution 2003-101, on September 16, 2003,
authorizing the Mayor to enter into an intergovernmental agreement with the Colorado Department
of Transportation for receipt of Federal Hazard Elimination Grant funds to be used to construct a
median on College Avenue at Lake Street for the purpose of improving safety at the intersection of
College Avenue and Lake Street; 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 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, City staff has determined that the appropriation of the Federal Hazard
Elimination Grant funds as described herein will not cause the total amount appropriated in the
Transportation Services Fund budget to exceed the current estimate of actual and anticipated
revenues to be received during any fiscal year; and
WHEREAS, it is the desire of the Council to appropriate the sum of $186,000 in federal
Hazard Elimination grant funds in the Transportation Services Fund-College Avenue/Lake Street
Median project to be used to construct a median on College Avenue at Lake Street for the purpose
of improving safety at the intersection of College Avenue and Lake Street.
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
Transportation Services Fund - College Avenue/Lake Street Median project, the sum of ONE
HUNDRED EIGHTY-SIX THOUSAND DOLLARS ($186,000),upon receipt,from the Colorado
Department of Transportation,be used to construct a median on College Avenue at Lake Street for
the purpose of improving safety at the intersection of College Avenue and Lake Street.
Introduced and considered favorably on first reading and ordered published this 16th day of
September, A.D. 2003, and to be presented for final passage on the 7th day of October, A.D. 2003.
-f Z
Mayor
ATTEST:
40uaLl�
City Clerk
Passed and adopted on final reading this 7th day of October, A.D. 2003.
4_
� y
Mayor
ATTEST:
City Clerk