HomeMy WebLinkAbout109 - 11/06/2012 - APPROPRIATING UNANTICIPATED GRANT REVENUE FROM GREAT OUTDOORS COLORADO IN THE CONSERVATION TRUST FUN ORDINANCE NO. 109, 2012
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED GRANT REVENUE FROM
GREAT OUTDOORS COLORADO IN THE CONSERVATION TRUST FUND ,
FOR THE CITY OF FORT COLLINS' PORTION OF LARIMER COUNTY'S
POUDRE RIVER CORRIDOR AND REGIONAL TRAIL INITIATIVE
WHEREAS,the City has been awarded a grant in the amount of$737,597(the"Grant")from
Great Outdoors Colorado ("GOCO") for the City's portion of Larimer County's Poudre River
Corridor and Regional Trail Initiative, an initiative that includes the City of Fort Collins,the Town
of Timnath, the Town of Windsor and the City of Greeley; and
WHEREAS, the grant request includes open space acquisitions, trail easements, and trail
development along the Poudre River from Fort Collins to Greeley; and
WHEREAS,the City's portion of the project will involve the construction of a new trailhead
parking lot along Strauss Cabin Road, the extension of the Poudre River Trail on the west side of
1-25, an overpass of 1-25 and a short, 0.5 mile trail connection to Timnath's trail, east of 1-25,- and
WHEREAS, the trail placement on Arapaho Bend Natural Area has been coordinated with
the Natural Resources staff, and
WHEREAS, the total project cost is estimated to be $8,074,826 with the GOCO grant
covering $5,098,150 of that total cost; and
WHEREAS, the City's portion,of the project cost is $1,558,880 and is funded from the
following sources:GOCO grant($737,597),the Conservation Trust Fund($471,283)and the Natural
Areas Fund ($350,000); and
WHEREAS, Article V, Section 9, of the City Charter authroizes 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 grant as described herein
will not cause the total amount appropriated in the Conservation Trust 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 grant revenue in the Conservation
Trust Fund the sum of SEVEN HUNDRED THIRTY SEVEN THOUSAND FIVE HUNDRED
NINETY SEVEN DOLLARS ($737,597) for expenditure in the Conservation Trust Fund for the
City's portion of Larimer County's Poudre River Corridor and Regional Trail Initiative.
Introduced, considered favorably on first reading, and ordered published this 16th day of
October, A.D. 2012, and to be presented for final passage on the 6th day of November, A.D. 2012.
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Passed and adopted on final reading on the 6th day of November, A.D. 2012.
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