HomeMy WebLinkAbout073 - 07/21/2009 - APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE LIGHT AND POWER FUND FOR THE ENERGY STAR NEW HOMES ORDINANCE NO. 073, 2009
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE LIGHT
AND POWER FUND FOR THE ENERGY STAR NEW HOMES PROGRAM AND
FOR THE RESIDENTIAL SOLAR GRANT PROGRAM AND AUTHORIZING
THE TRANSFER OF MATCHING FUNDS PREVIOUSLY APPROPRIATED
IN THE LIGHT AND POWER OPERATING BUDGET
WHEREAS, the State of Colorado's Governor's Energy Office (the "GEO") has awarded
to the City of Fort Collins Utilities Energy Service program two new grants in the amounts of
$22,500 and $50,000, respectively, for a total of$72,500 (the "Grant Funds"); and
WHEREAS, the City will use $22,500 of the Grant Funds to promote the Residential
Solar Grant Program, and $50,000 to promote the ENERGY STAR New Homes Program; and
WHEREAS, the Grant Funds require a cash match from the City in the amount of
$37,500 and these funds are currently available from existing 2009 appropriations in the Light
and Power Fund; and
WHEREAS, the programs funded by the grants are designed to aid the City in reaching
Energy Policy goals for energy conservation and renewable energy sources as approved by the
City Council in Resolution 2003-038; and
WHEREAS, Article V, Section 9, of the City Charter 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 during the fiscal year; and
WHEREAS, City staff has determined that the appropriation of the Grant Funds as
described herein will not cause the total amount appropriated in the Light and Power Fund to
exceed the current estimate of actual and anticipated revenues to be received in that fund during
the fiscal year; and
WHEREAS, Article V, Section 10, of the City Charter authorizes the City Council to
transfer by ordinance any unexpended and unencumbered amount or portion thereof from one
fund or capital project to another fund or capital project, 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 as follows:
Section 1. That there is hereby appropriated from unanticipated revenue in the Light
and Power Fund the sum of SEVENTY-TWO THOUSAND FIVE HUNDRED DOLLARS
($72,500) for expenditure in the Light and Power Fund for the Residential Solar Grant Program
and the ENERGY STAR New Homes Program.
Section 2. That the unexpended appropriated amount of THIRTY-SEVEN
THOUSAND FIVE HUNDRED DOLLARS ($37,500) is hereby authorized for transfer from the
Light and Power operating budget to the Light and Power grant projects for the Residential Solar
Rebate Program and the ENERGY STAR New Homes Program.
Introduced, considered favorably on first reading, and ordered published this 7th day of
July, A.D. 2009, and to be presented for final passage on the 21st of July, A.D. 2009.
Mayor
'ATTEST:
Dep ty Cit C rk
Passed and adopted on final reading on the 21st day of Jul D. 2009.
Mayor ,
ATTEST:
City Clerk