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HomeMy WebLinkAbout178 - 11/21/2006 - APPROPRIATING UNANTICIPATED REVENUE IN THE GENERAL FUND TO DEVELOP THE I-25 AND STATE HIGHWAY 392 IN ORDINANCE NO. 178, 2006 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE GENERAL FUND TO DEVELOP THE I-25 AND STATE HIGHWAY 392 INTERCHANGE IMPROVEMENTPLAN WHEREAS,in January 2006,the City of Fort Collins and the Town of Windsor entered into an Intergovernmental Agreement("IGA")to jointly develop a comprehensive development plan for the Interchange area of I-25 and State Highway 392 (the"Plan"); and WHEREAS,the Plan represents a joint project involving Fort Collins and Windsor staff,with Fort Collins staff taking the lead for project facilitation and management; and WHEREAS,the City of Fort Collins and the Town of Windsor have each allocated$50,000 for the Plan development project; and WHEREAS, the North Front Range Metro Planning Organization ("MPO") expressed interest in contributing funds for the Plan development project to conduct facilitation work in developing the Plan; and WHEREAS,the MPO awarded the City of Fort Collins a grant in the amount of$25,420 to develop the I-25 and State Highway 392 Interchange Improvement Plan; 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 the fiscal year, does not exceed the current estimate of actual and anticipated revenues to be received duringthe fiscal year; and Y , WHEREAS, City staff has determined that the appropriation of the grant funds from the MPO as described herein will not cause the total amount appropriated in the General Fund to exceed the current estimate of actual and anticipated revenues to be received in that fund during the fiscal year. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated from unanticipated grant revenue in the General Fund the sum ofTWENTY-FIVE THOUSAND FOUR HUNDRED TWENTY DOLLARS($25,420)for expenditure in the General Fund to develop the I-25 and State Highway 392 Interchange Improvement Plan. Introduced and considered favorably on first reading and ordered published this 7th day of November, A.D. 2006, and to be presented for final passage on the 21 st day of November, A.D. 2006. Mayo ATTEST: City Clerk Passed and adopted on final reading this 21 st day of November, A.D. 2006. Mayo WEST: City Clerk 2