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HomeMy WebLinkAbout068 - 07/07/2009 - APPROPRIATING UNANTICIPATED REVENUE FROM THE COLORADO DEPARTMENT OF TRANSPORTATION IN THE TRANSIT FU ORDINANCE NO. 068, 2009 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE FROM THE COLORADO DEPARTMENT OF TRANSPORTATION IN THE TRANSIT FUND FOR THE DEVELOPMENT OF THE TRANSIT STRATEGIC PLAN WHEREAS,during the 2008-2009 Budgeting for Outcomes("BFO")process,City Council chose to fund an update to the 2002 Transit Strategic Plan that provides a structure to address existing service and land use conditions, review existing service and performance standards to establish a successful development plan to implement the strategic plan goals; and WHEREAS, the Colorado Department of Transportation ("CDOT") will use Section 5304 funds to partially fund the work necessary to complete and update the 2002 Transit Strategic Plan; and WHEREAS, the total cost of the Transit Strategic Plan is $197,555, of which CDOT will contribute $15,000, and Transfort will contribute $3,750 in required local match from existing appropriations; and WHEREAS, -Article V, Section 9, of the City Charter authorizes 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 that fiscal year, does not exceed the current estimate of actual and anticipated revenues to be received during the fiscal year; and WHEREAS, City staff have determined that the appropriation of the revenue as described herein will not cause the total amount appropriated in the Transit Fund to exceed the current estimate of actual and anticipated revenues to be received in fiscal year 2009. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated from unanticipated revenue from the Colorado Department of Transportation Section 5304 funds in the Transit Fund the sum of FIFTEEN THOUSAND DOLLARS ($15,000) for expenditure in the Transit Fund. 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 o ly, A.D. 2009. i Mayor ,ATTEST: J City Clerk Passed and adopted on final reading on the 7th day of July, A.D. 2009. O Mayo ATTEST: Ci C rl u