Loading...
HomeMy WebLinkAbout060 - 07/17/2012 - APPROPRIATING UNANTICIPATED REVENUE IN THE STORMWATER FUND FROM LARIMER COUNTY FOR ANALYSIS AND DESI ORDINANCE NO. 060, 2012 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE STORMWATER FUND FROM LARIMER COUNTY FOR ANALYSIS AND DESIGN OF CERTAIN STORMWATER IMPROVEMENTS IN THE WEST VINE BASIN WHEREAS, in 1997, the City and Larimer County entered into an intergovernmental agreement for stormwater cooperation assigning responsibilities to each entity related to certain stormwater improvements in the West Vine Basin; and WHEREAS, in 2004, the City Council approved the West Vine Basin Master Drainage Plan, including areas located in the northwest portion and in Larimer County; and WHEREAS, the West Vine Basin Master Drainage Plan includes the future reduction of the existing 100-year floodplain that crosses over Shields Street; and WHEREAS, City staff and Latimer County representatives ("Staff') have determined that certain stormwater improvements are needed in the West Vine Basin in light of existing circumstances; and WHEREAS, in Staffs opinion, the stormwater improvements that should immediately be analyzed and designed include construction of an outfall channel and a regional detention pond; and WHEREAS, the engineering costs associated with an alternative analysis and final design phases of the outfall channel and regional detention pond are $145,000 and $415,000, respectively; and WHEREAS, the City has already funded the full cost of the alternative analysis phase of the project with the understanding that one half of these costs will be reimbursed to the City by Larimer County through an IGA; and WHEREAS, the final design costs of the project will be split evenly between the City and Larimer County, with 100% of these costs to be initially paid by Latimer County; and WHEREAS, one half of the final design costs will be reimbursed by the City to Larimer County during the construction phase of the project, which is anticipated for mid-2013; 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 NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated from unanticipated revenue in the Stormwater Fund the sum of FOUR HUNDRED EIGHTY SEVEN THOUSAND FIVE HUNDRED DOLLARS ($487,500) for analysis and design of specific West Vine Basin stormwater improvements. 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. �FORTCp O :'"•• •.,l� May r ATTEST:. �� •:y SEAL N Interim City Clerk CoLoRppO Passed and adopted on final reading on the 17th day of July, A.D. 2012. FORT OO, O<' ••'`�ycD Ma o a; ATTEST: IV" COL City Clerk •