HomeMy WebLinkAbout077 - 07/19/2011 - APPROPRIATING UNANTICIPATED REVENUE IN THE LIGHT AND POWER, WATER, AND WASTEWATER FUNDS FOR CAPITAL ORDINANCE NO. 077, 2011
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE LIGHT AND POWER,
WATER, AND WASTEWATER FUNDS FOR CAPITAL PROJECTS FOR
UTILITY FACILITIES IN CONNECTION WITH THE MASON CORRIDOR
BUS RAPID TRANSIT PROJECT AND TRANSFERRING EXISTING LIGHT AND
POWER APPROPRIATIONS INTO THE LIGHT AND POWER UTILITY RELOCATION
CAPITAL PROJECT
WHEREAS, Utility Services currently has certain electric, water and wastewater
infrastructure that needs to be either relocated, installed, or improved to accommodate the
construction of improvements that are being installed for the Mason Corridor Bus Rapid Transit
("BRT Project"); and
WHEREAS, for reasons independent of the BRT Project, certain other electric
infrastructure also needs to be relocated, and the relocation work to be undertaken in connection
with the BRT Project also provides an opportunity to generally upgrade the electric system
infrastructure; and
WHEREAS, the total cost of the work to relocate and upgrade the electric facilities is
$800,000; and
WHEREAS, the relocation portion of the work is considered an expense of the BRT
Project, and Utility Services will be reimbursed for such work by the BRT Project fund in the
amount of$400,000; and
WHEREAS, the $400,000 needed for the electric system upgrades are not expenses to be
charged to the BRT Project; and
WHEREAS, the funds needed for such upgrades may be obtained by transferring existing
appropriations from the Light and Power operating budget to the Light and Power Utility
Relocation capital project budget; and
WHEREAS, Utility Services will also be installing infrastructure that will provide
electric service to the BRT stations and the cost of this work is $220,000, which cost will be
reimbursed by the BRT Project; and
WHEREAS, Utility Services also has existing water and wastewater infrastrucutre in the
BRT Project corridor; and
WHEREAS, because the BRT Project may impact the integrity of the water and
wastewater infrastructure, and may negatively affect the ability to service the infrastructure,
Utility Services desires to make improvements to the infrastructure prior to the construction of
the BRT Project; and
WHEREAS, the estimated total cost of the water and wastewater infrastructure
improvements is estimated to be $1,775,000, which cost will be reimbursed by the BRT Project;
and
WHEREAS, Article V, Section 9, of the City Charter authorizes 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 the 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 10, of the City Charter authorizes the City Council to
transfer by ordinance any unexpended and unencumbered amount or portion thereof from one
fund or capital project to another fund or capital project, provided that the purpose for which the
transferred funds are to be expended remains unchanged; and
WHEREAS, City staff has determined that the appropriation of the reimbursement
amounts described herein will not cause the total amount appropriated in the Light and Power
Fund, the Water Fund, or the Wastewater Fund to exceed the current estimate of actual and
anticipated revenues to be received in the funds during the 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 revenue in the Light
and Power Fund the sum of FOUR HUNDRED THOUSAND DOLLARS ($400,000) for
expenditure in the Light and Power Utility Relocation capital project account to relocate existing
electric facilities in the Mason Corridor.
Section 2. That the unexpended appropriated amount of FOUR HUNDRED
THOUSAND DOLLARS ($400,000) is hereby authorized for transfer from the Light and Power
operating budget to the Light and Power Utility Relocation capital project account to perform
upgrades to electrical system infrastructure in the Mason Corridor.
Section 3. That there is hereby appropriated from unanticipated revenue in the Light
and Power Fund the sum of TWO HUNDRED TWENTY THOUSAND DOLLARS ($220,000)
for expenditure in the Light and Power Utility Relocation capital project account to provide
electric service to the BRT bus stations.
Section 4. That there is hereby appropriated from unanticipated revenue in the Water
Fund the sum of SIX HUNDRED TWENTY FIVE THOUSAND DOLLARS ($625,000) for
expenditure in the Water Fund Distribution System Replacement capital project account to
improve,.modify and/or protect the water lines before the BRT Project improvements are built.
Section 5. That there is hereby appropriated from unanticipated revenue in the
Wastewater Fund the sum of ONE MILLION ONE HUNDRED FIFTY THOUSAND
DOLLARS ($1,150,000) for expenditure in the Wastewater Fund Collection System
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Replacement capital project account to improve, modify and/or protect the sewer lines before the
BRT Project improvements are built.
Introduced, considered favorably on first reading, and ordered published this 5th day of
July, A.D. 2011, and to be presented for final passage on the 19th day of July, A.D. 2011.
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Passed and adopted on final reading on the 19th day of July, A.D. 2011.
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