HomeMy WebLinkAbout064 - 07/07/2009 - APPROPRIATING PRIOR YEAR RESERVES IN THE NATURAL AREAS FUND FOR THE PURPOSE OF PROVIDING NATURAL ARE ORDINANCE NO. 064, 2009
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE NATURAL AREAS FUND
FOR THE PURPOSE OF PROVIDING NATURAL AREAS PROGRAMMING NOT
INCLUDED IN THE 2009 ADOPTED CITY BUDGET AND AUTHORIZING
THE TRANSFER OF APPROPRIATIONS TO THE CAPITAL PROJECTS FUND
WHEREAS,the City is committed to preserving the integrity of natural areas and providing
educational, interpretive and appropriate recreational opportunities to the public; and
WHEREAS, Natural Areas programming implements open land conservation priorities
identified in the City's Comprehensive Plan by purchasing fee simple or conservation easement
interests in key natural areas,community separators,or other open lands;providing stewardship for
lands purchased; and developing trails and interpretive features for public use; and
WHEREAS, the Natural Areas program is funded primarily through the collection of Open
Space - Yes sales and use tax revenue, revenues from the Latimer County Help Preserve Open
Spaces Initiative, proceeds from the issuance of Certificates of Participation in 2004, investment
earnings, and other miscellaneous revenues; and
WHEREAS,Natural Areas Fund has unspent and unencumbered appropriations from 2008
in the amount of$4,705,000; and
WHEREAS, Article V, Section 11 of the City Charter requires that all appropriations
unexpended or unencumbered at the end of the fiscal year lapse to the applicable general or special
revenue fund, except that appropriations for capital projects and federal or state grants do not lapse
until the completion of the capital project or until the expiration of the federal or state grant; and
WHEREAS,Article V, Section 9 of the City Charter permits the City Council to appropriate
by ordinance at any time during the fiscal year such funds for expenditure as may be available from
reserves accumulated in prior years, notwithstanding that such reserves were not previously
appropriated; 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.
WHEREAS, City staff recommends appropriating from prior year reserves in the Natural
Areas Fund the unexpended and unencumbered appropriations totaling $4,705,000 to be used for
acquisition,construction,enhancement and maintenance of trail systems, wildlife habitat and other
natural areas to benefit the citizens of the City; and
WHEREAS,City staff also recommends that$91,500 of the unexpended and unencumbered
appropriations of$4,705,000 should be transferred to the Capital Projects Fund - Robert Benson
Dam Project for the design and reconstruction of the dam at Pelican Marsh.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That there is hereby appropriated for expenditure from prior year reserves in
the Natural Areas Fund the sum of FOUR MILLION SEVEN HUNDRED FIVE THOUSAND
DOLLARS ($4,705,000)to be used for acquisition,construction,enhancement and maintenance of
trail systems, wildlife habitat and other natural areas to benefit the citizens of the City.
Section 2. That the unexpended appropriated amount of NINETY-ONE THOUSAND
FIVE HUNDRED DOLLARS ($91,500) is hereby authorized for transfer from the Natural Areas
Fund to the Capital Projects Fund—Robert Benson Dam Project for appropriation therein to be used
for the design and reconstruction of the Benson Reservoir Dam at Pelican Marsh.
Introduced,considered favorably on first reading,and ordered published this 2nd day of June,
A.D. 2009, and to be presented for final passage on the 7th day ly, A.D. 2009.
- May
ATTEST:
irk
City Clerk
Passed and adopted on final reading on the 7th day of July, A.D. 2009.
Mayor
ATTEST:
City C r t�