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HomeMy WebLinkAbout096 - 10/20/2009 - APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE CAPITAL PROJECTS FUND FOR THE EAST HARMONY ROAD BRI ORDINANCE NO. 096, 2009 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE CAPITAL PROJECTS FUND FOR THE EAST HARMONY ROAD BRIDGE REPLACEMENT PROJECT WHEREAS, the Colorado Department of Transportation has awarded the City a Surface Transportation Program ("STP") grant in the amount of$1,600,000 for the East Harmony Road Bridge Replacement; and WHEREAS, the East Harmony Bridge (the "Bridge") was built in 1968 to span the Fossil Creek Reservoir Inlet Ditch (the "FCRID") and has been identified as one of ten structurally deficient bridges located within the City; and WHEREAS, the existing eastbound bridge will be replaced with a new bridge that will accommodate three travel lanes, a bike lane and a sidewalk and is consistent with the vision of the Harmony Road corridor as shown in the City Master Street Plan and updated Harmony Corridor Plan; and WHEREAS, the total cost of the new Bridge is estimated at $2,200,000; and WHEREAS, the STP grant requires local matching funds in the amount of$332,600 which are currently appropriated in the City Bridge Program Project; and WHEREAS,the STP grant also requires local overmatching funds in the amount of$267,400 which are also currently appropriated in the City Bridge Program Project; and WHEREAS, Phase One of the Bridge construction will occur late in 2009 to take advantage of the low-flow in irrigation waters in the FCRID; 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 ofsuch 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 has determined that the appropriation of the revenue as described herein will not cause the total amount appropriated in the Capital Projects Fund to exceed the current estimate of actual and anticipated revenues to be received in that fund during any fiscal year. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated from unanticipated revenue in the Capital Projects Fund the sum of ONE MILLION SIX HUNDRED THOUSAND DOLLARS($1,600,000) for expenditure in the Capital Projects Fund-City Bridge Program Project for the East Harmony Road Bridge Replacement Project. Introduced, considered favorably on first reading, and ordered published this 6th day of October, A.D. 2009, and to be presented for final passage on th Otl day of October, A.D. 2009. Mayoki ATTEST: City Clerk Passed and adopted on final reading on the 20th day of October, A.D. 2009. i May ATTEST:. - :-City Clerk-