HomeMy WebLinkAbout026 - 04/17/2012 - APPROPRIATING PRIOR YEAR RESERVES IN THE NATURAL AREAS FUND FOR THE PURPOSE OF PROVIDING NATURAL ARE ORDINANCE NO. 026, 2012
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE NATURAL AREAS FUND
FOR THE PURPOSE OF PROVIDING NATURAL AREAS PROGRAMMING NOT
INCLUDED IN THE 2012 ADOPTED CITY BUDGET
WHEREAS, the City is committed to preserving natural areas and providing educational,
interpretive and appropriate recreational opportunities to the public; and
WHEREAS, Natural Areas programming implements open land conservation priorities
identified in the City's Comprehensive Plan by purchasing conservation easement interests in key
natural areas,community separators,or other open lands;providing stewardship for lands purchased;
and developing trails and interpretive features for public use; and
WHEREAS, the Natural Areas program is funded primarily through the collection of Open
Space -Yes sales and use tax revenue, as well as revenues from the Larimer County Help Preserve
Open Space sales and use tax, investment earnings, and other miscellaneous revenues; and
WHEREAS, the Natural Areas Fund has unspent and unencumbered appropriations from
2011 in the amount of$3,456,628; and
WHEREAS, Article V, Section 11 of the City Charter requires that all appropriations
unexpended or unencumbered at the end of the fiscal year lapse to the applicable general or special
revenue fund, except that appropriations for capital projects and federal or state grants do not lapse
until the completion of the capital project or until the expiration of the federal or state grant; 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, notwithstanding that such reserves were not previously
appropriated; and
WHEREAS, City staff recommends appropriating from prior year reserves in the Natural
Areas Fund $3,456,628 to be used for acquisition, construction, enhancement and maintenance of
trail systems, wildlife habitat and other natural areas to benefit the citizens of the City.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that there is hereby appropriated for expenditure from prior year reserves in the Natural
Areas Fund the sum of THREE MILLION FOUR HUNDRED FIFTY-SIX THOUSAND SIX
HUNDRED TWENTY-EIGHT DOLLARS ($3,456,628) to be used for acquisition, construction,
enhancement and maintenance of trail systems,wildlife habitat and other natural areas to benefit the
citizens of the City.
Introduced,considered favorably on first reading,and ordered published this 3rd day of April,
A.D. 2012, and to be presented for final passage on the 17th day of April, A.D. 2012.F FORTC
ATTEST: U-� .,•••••.•,.•••O;r r
2 May
SEAL :
Interim City Clerk 4'p'••RA�O
Passed and adopted on final reading on the 17th day of April, A.D. 2012.
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ATTEST: �F FORTCO
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Interim City Clerk
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