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HomeMy WebLinkAbout104 - 10/19/2010 - APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE GENERAL FUND FOR THE EAST BUILDING ROOF REHABILITAT ORDINANCE NO. 104, 2010 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE GENERAL FUND FOR THE EAST BUILDING ROOF REHABILITATION OF THE PARAMOUNT COTTAGE CAMP, 1544 WEST OAK STREET WHEREAS, the City has been awarded a grant in the amount of $33,550 from the. Colorado Historical Society's State Historical Fund; and WHEREAS, the grant will be used to rehabilitate the roof of the Paramount Cottage Camp's east building located at 1544 West Oak Street; and WHEREAS, the building's owners will provide the required grant matching funds in the amount of$33,550, and they will be contracting with sole source vendors for the work; and WHEREAS, the City will administer the grant and cash match funds and be responsible for the distribution of the grant and cash match funds; 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 grant funds and the private matching funds totaling $67,100 will not cause the total amount appropriated in the General Fund to exceed the current estimate of actual and anticipated revenues to be received during the fiscal year. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure from unanticipated grant revenue and private cash matching funds in the General Fund the sum of SIXTY SEVEN THOUSAND ONE HUNDRED DOLLARS ($67,100) for the East Building Roof Rehabilitation Project at 1544 West Oak Street. Introduced, considered favofably on first reading, and or" published this 5th day of October, A.D. 2010, and to be presented for final passagaon he th y of October, A.D. 2 0. Mayor ATTEST: A lk� 1 2 City Clerk Passed and adopted on final reading on the l9th day of Oc r, A.D. 2010. Mayor ATTEST: Cit)rClerk