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HomeMy WebLinkAbout011 - 03/02/2010 - APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE TRANSPORTATION SERVICES FUND TO BE USED FOR THE 201 ORDINANCE NO. 011, 2010 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE TRANSPORTATION SERVICES FUND TO BE USED FOR THE 2010 FORT COLLINS BIKE LIBRARY PROGRAM WHEREAS, the Fort Collins Bike Library Program (the "Bike Library Program") was created in 2008 and has received positive reviews on a local and national level for its economic, environmental, and social impacts; and WHEREAS, the Bike Library Program allows patrons to borrow a bike,just as they would borrow a book at a public library, for use in the City; and WHEREAS, the City contracts with Bike Fort Collins, a local non-profit cycling organization, to manage and operate the Bike Library Program; and WHEREAS,the City Council has adopted Resolution 2010-017 authorizing the City to enter into an intergovernmental agreement with the Colorado Department of Transportation to obtain Congestion Mitigation & Air Quality ("CMAQ") funding for the Bike Library Program; and WHEREAS, the City has been awarded CMAQ grant funding from the North Front Range Metropolitan Planning Organization and Colorado Department of Transportation in the amount of $82,790; and WHEREAS, the grant funds will be used to improve marketing and operational practices, incorporate additional bicycles and check-out stations, and include additional community partners such as schools, businesses, and non-profit organizations; and WHEREAS,the matching funds for the Bike Library Program are provided by means of in- kind services and no additional City funds are required to operate and expand the Bike Library Program for 2010; 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 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 Transportation Services 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 Transportation Services Fund the sum of EIGHTY TWO THOUSAND SEVEN HUNDRED NINETY DOLLARS ($82,790) for expenditure in the Transportation Services Fund for the Fort Collins Bike Library Program. Introduced, considered favorably on first reading, and ordered published this 23rd day of February, A.D. 2010, and to be presented for final passage on t d day of March, 2010. ` May ATTEST: City Clerk Passed and adopted on final reading on the 2nd day of arc , A.D. 2010. ayo .,ATTEST: � 1 City Clerk `