HomeMy WebLinkAbout064 - 08/21/2012 - APPROPRIATING UNANTICIPATED GRANT REVENUE FROM THE COLORADO DEPARTMENT OF TRANSPORTATION AND THE FED ORDINANCE NO. 064, 2012
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED GRANT REVENUE FROM THE
COLORADO DEPARTMENT OF TRANSPORTATION AND THE FEDERAL TRANSIT
ADMINISTRATION IN THE TRANSIT FUND FOR THE PURCHASE OF SIX BUSES
WHEREAS, in 2011, the City was awarded $1,920,000 in Congestion Mitigation and Air
Quality (CMAQ) capital funding that required a 20% local match of $480,000 for the Bus
Replacement Project of$2,400,000; and
WHEREAS, Council appropriated $1,075,000 of the CMAQ award and $175,000 in local
match through the 2011-2012 Budget process leaving an $845,000 CMAQ award balance; and
WHEREAS,this Ordinance will appropriate the remaining$845,000 CMAQ award balance;
and
WHEREAS, the Colorado Department of Transportation ("CDOT") has awarded the City
a CDOT FASTER grant in the amount of$384,000 that requires no local match;
WHEREAS, both grant awards are to fund the purchase of six replacement Compressed
Natural Gas (CNG) buses for Transfort's fixed route service; and
WHEREAS,the CDOT FASTER grant can be used as local match for the CMAQ grant and,
therefore, reduces the City's local match requirement by $79,000 from $175,000 to $96,000; and
WHEREAS, this Ordinance will appropriate $1,150,000 as follows; and
Balance of CMAQ grant award: $ 845,000
CDOT FASTER grant award: $ 384,000
Less: Local match requirement: \, ($ 79,000)
Amount to be appropriated: $1,150,000
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,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, not withstanding that such reserves. were not previously
appropriated; and
WHEREAS, City staff has determined that the appropriation of the grant funds 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 that fund during any fiscal year; and
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That there is hereby appropriated from unanticipated grant revenue in the
Transit Fund the sum of ONE MILLION ONE HUNDRED FIFTY THOUSAND DOLLARS
($1,150,000) for expenditure on the Bus Replacement Project.
Introduced,considered favorably on first reading,and ordered published this 17th day of July,
A.D. 2012, and to be presented for final passage on the 21 st day of August, A.D. 2012.
O�FpRT Cp��'ATTEST: �; `n or
City Clerk COLORP
Passed and adopted on final reading on the 21st day of August, A.D. 2012.
Mayor
ATTEST: FORT CO�.4z
City Clerk O
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