Loading...
HomeMy WebLinkAbout021 - 02/19/1980 - APPROPRIATING FUNDS FROM ACCUMULATED RESERVES IN THE LIGHT AND POWER UTILITY FOR CONSTRUCTION OF THE ORDINANCE NO 21 1980 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING FUNDS FROM ACCUi,,ULATED RtSERVES IN THE LIGHT AND POtER UTILITY FOR CONSTRUCTION OF THE HARMONY SUBSTATION tdHEREAS, plans to increase the capacity of Drake Substation, the present capacity of which will be exceeded in March 1981 , have been re- evaluated because of increasing growth and large load concentrations developing in east and south Fort Collins, and WHEREAS, it has become apparent that construction of the Harmony Substation at this time is required to serve southeast Fort Collins in the early 1980' s, and WHEREAS, completion of the harmony Substation by March 1981 , when Drake ' s capacity is expected to be reached , requires that design and equipment purchases proceed on an expedited basis, and WHEREAS, an appropriation is needed from the Light and Power capital reserve funds to the 1980 capital budget in the amount of One Million Three Hundreo Seventeen Thousand Four Hundred Sixty Dollars (S1 ,317,460) , and WHEREAS, the expenditure of such funds was not anticipated at the time of preparation of the annual budget for 1980 and accordingly such funds were not appropriated for expenditure in 1980, and WHEREAS, the City has accumulated in prior years unappropriated reserves in the Light and Power Utility Fund which the Council can author- ize expending for sucri purposes pursuant to Section 8, Article V of the Charter of the City of Fort Collins NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows Section 1 That the sum of One Million Three Hundred Seventeen Thousand Four Hundred avid Sixty Dollars ($1 ,317,460) is hereby appropri- ated from reserves accumulated in prior years in the Light and Power Utility Fund, said monies to be utilized as described on Exhibit "A" , attacried hereto Section 2 That the City Manager be, and he hereby is, authorized and directed to expend said sums for the construction of the Harmony Substation Introduced, considered favorably on first reading, and orderea pub- lished this 5th day of February A D 1980, and to be presented for final passage on the Oth day Febr ar A D 1980 AfiTEST y Clerh Passed and adopted on final reading this 19th aay of February , 1980 Playor A E T Ci y Cler -2- �,jOV C)t,vu� 1 C— EXHIBIT A 1 1"�Ci9�ti � !IA'Iil� f,TIOi, 1ST TRANSFCJ dATION J J�� - 1J ' i IJ y Jt,Ct.1 , , I � .. I • l I 1, J 1 J Il- � _JSJ J! Li ansformers L 1 Ln Todd cap Cnc Tjer S, Isgocic tell sw, tcJi jL�( , p ld d,_,lgn c r'd' construction, protective relayinj, remote terminal unit, and underground duct banks Original Budget 411 ,3130 Date 5-24-79 revised Budget 2,076 04t, Date 1 11 -80 Project Number 2612 OP OJECT PMOR TO BUD REV EST EST EXPENDITURES 1979 1979 1979 1930 1951 TOTAL Personal Services Direct Labor 50,000 19,000 Benefits 11 ,200 4,25-0 Contract Services 27,990 6,000 Commodities 1,772,000 Direct Charge i4at' ls 35,000 llarehOUSe 1.at' 1 s Capital Outlay 150,600 _ — y TOTAL DIPFCT C0�_ -0- 1 Pq�. 190 9° ?56 2,076 -0'1.6- PROJECT ;RESOURCES Sales Tar Fccs - Elec Reb,PUCS 150 600 -0- -0- 1 ,896,190 29 256 1,925 4<<E Grants Con tr.hut ions- In-Aid A'scssiblc Costs — TOTAL 15c),600 -0- -0 1 896 190 29,256 1 ,925 a4t I COi it.ENTS G?=r^�ATlOiJ cs i+1A1'JTr iinifL;= E'^-7 ENDaTUrES Ptrsoral Services C J'Itrtict J a I Sr J irPS CrJrhloditles ,J Capital Ojtld, TOTAL 1 CCI IE.ITS I: OF FORT COLLINS — PROJEECT TITLE. DRAr E SUPWATIN, 2ND Tr Ai SFONIER I L I r. W1 IS' I 1 a _)IId Jvl 111 r ) _ rC rlJl arl^_r LU p ov,de ,ncitased delivery capdc, ty ,n the at Pas adjacent to Dra' e Substation Original Buaget 1 ,102, 176 Date 5-24-79 F=vised Budget 759,576 DI?te 1-03-80 Project I;umber 2616 PROJECT PRIOR TO BUD REV EST EST EXPENDITURES 1979 1979 1979 19S0 1981 TOTAL Personal Services Direct Labor 11 ,791 99,641 13,072 Benefits 2,641 13,359 2,928 Co,itract Services 2,000 CoTmodit,es Direct Charge Hat'ls 110,068 41 ,100 2 Varehouse irat' ls ,000 C,altal Outl -1y - -� 1 TOTAL DIRECT COST 125 896 763, 170 12rE,50O 491 ,15U 18,000 759 576 PRO,'--CT RESOURCES Sales Ta, Fees - Elec Revenues 125,896 7635170 124,500 491 ,130 18,000 759,576 r,-tints C n ,bvt, Tins- i -- n-A-Aid 4,,c.ss,bl(_ TOTAL 125,316 763 170 124 500 491 ,180 13,000 759,576 CO olEIITS i i O�EPATIOPI MTEi4ANCF_ E"PENDITURES I Personal Serv, cps Contractudl Services C-- lodiLICS ! Cc ,"r, tat OUtI a, 1 i TOfAL C01 IEI7TS GITY GF FO 3 r COLL1 IS