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HomeMy WebLinkAbout059 - 07/17/2012 - APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND FOR THE POLICE RADIO REPLACEMENT PROJECT 6 ORDINANCE NO. 059, 2012 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE GENERAL FUND FOR THE POLICE RADIO REPLACEMENT PROJECT WHEREAS, Fort Collins Police Services employs handheld portable radios and remote mount radios for both its marked and unmarked vehicles for its daily operations; and WHEREAS,the radio equipment is nearing the end of its useful life and needs to be replaced with new equipment by early 2013; and WHEREAS,the City will utilize factory incentive discounts to maximize cost savings in the procurement of the new equipment; and WHEREAS,the estimated cost to replace the radio equipment is approximately$1,664,181; and WHEREAS,the funds to purchase the equipment will come from$1,054,889 in the General Fund reserves and $639,292 from Police Services' 2012 operating budget; and WHEREAS,Article V,Section 9,of the City Charterpermits 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. 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 General Fund the sum of ONE MILLION FIFTY FOUR THOUSAND EIGHT HUNDRED EIGHTY NINE DOLLARS ($1,054,889) for the replacement of the Police Services radio equipment. Introduced, considered favorably on first reading, and ordered published this 26th day of June, A.D. 2012, and to be presented for final passage on the 17th day of July, A.D. 2012. �FORT. CO Maydr - ATTEST: �O ,,.... ": SEA, Interim City Clerk 0 COLORPO Passed and adopted on final reading on the 17th day of July, A.D. 2012. �00 CO(< 0.r IAo�✓LLB¢ GGI -C Marie ATTEST: ~' City Clerk