Loading...
HomeMy WebLinkAbout021 - 03/03/2009 - APPROPRIATING UNANTICIPATED GRANT REVENUE FOR TRANSFER FROM THE TRANSPORTATION SERVICES FUND TO THE ORDINANCE NO. 021, 2009 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED GRANT REVENUE FOR TRANSFER FROM THE TRANSPORTATION SERVICES FUND TO THE CAPITAL PROJECTS FUND - BUILDING ON BASICS - INTERSECTION IMPROVEMENTS, JEFFERSON STREET/STATE HIGHWAY 14 PROJECT WHEREAS, the Jefferson Street/SH14 project (the "Project") includes an Alternatives Analysis study for improvements along Jefferson Street/SH14 as well as at the intersection of Jefferson/SH14 and Mountain Avenue to improve air quality and advance the quality and safety of the transportation environment for all modes of travel; and WHEREAS, a wide variety of alternatives will be developed collaboratively with a broad stakeholder group including representatives from the City,Downtown Development Authority(the "DDA"), Downtown Business Association, Colorado Department of Transportation ("CDOT"), North Front Range Metropolitan Planning Organization, local residents and business/property owners,Great Western and Union Pacific railroads, Colorado Motor Carriers Association,utilities, and other community and regional interests; and WHEREAS, the various alternatives will be extensively evaluated by the project team and stakeholders using criteria such as capacity to address existing and future traffic volumes, safety, mobility and accessibility for all modes of travel and vehicle sizes; impact to local businesses, on- street parking,and railroad operation;and many other factors based upon input from the project team and stakeholders; and WHEREAS, CDOT has awarded the City a Congestion Mitigation and Air Quality ("CMAQ") grant of $1,000,000 for street and intersection improvements along Jefferson Street/SH14 from College Avenue to Mountain Avenue; and WHEREAS, the CMAQ grant funds have been appropriated into the Transportation Fund with the 2008 and 2009 budgets and will need to be moved to the Capital Projects Fund; and WHEREAS,the City will provide$250,000 in local matching funds from the City's existing Building on Basics Intersection Improvements project; and WHEREAS, the DDA Board of Directors has approved $500,000 for the Project; and WHEREAS,the DDA and City staff will submit an intergovernmental agreement to the City Council in March to define the parties' agreement concerning the Project and to appropriate the DDA funding into the Project; and WHEREAS, the combined funding from CDOT, the City, and the DDA totals $1,750,000 and is intended to cover the cost of the Alternatives Analysis study as well as the preliminary and final design, engineering, and right of way acquisition for the recommended preferred alternative; and WHEREAS,Article V,Section 10,of the City Charter authorizes the City Council to transfer by ordinance any unexpended and unencumbered appropriated amount or portion thereof from one fund to another fund, provided that the purpose for which the transferred funds are to be expended remains unchanged. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that the unexpended appropriated amount of ONE MILLION DOLLARS ($1,000,000) is hereby authorized for transfer from the Transportation Services Fund to the Capital Projects Fund- Building on Basics - Intersection Improvements, Jefferson Street/SH14 project. Introduced, considered favorably on first reading, and ordered published this 17th day of February, A.D. 2009, and to be presented for final pas4onr 'day of March, A.D. 2009. ATTEST: J � City Clerk Passed and adopted on final reading on the 3rd day of Marc"A.D. 2009. Mayor 'ATTEST: City Clerk