HomeMy WebLinkAbout170 - 12/20/2011 - APPROPRIATING UNANTICIPATED REVENUE IN THE NATURAL AREAS FUND PROJECT TO RESTORE TWO HISTORIC STRUCT ORDINANCE NO. 170, 2011
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
NATURAL AREAS FUND PROJECT TO RESTORE TWO HISTORIC
STRUCTURES AT BOBCAT RIDGE NATURAL AREA
WHEREAS, the City has been awarded a Colorado Historical Fund grant in the amount of
$95,392 to fund 75% of the cost to restore two historic structures at Bobcat Ridge Natural Area,
the 1888 Pioneer Barn and the log Chicken House; and
WHEREAS, the grant requires a 25% project match in the amount of$31,131 for a total
estimated project cost of$124,523; and
WHEREAS, the.City has also received a grant in the amount of$24,000 from the Pulliam
Charitable Trust which will cover most of the required match; and
WHEREAS, the remaining matching funds in the amount of $7,131 are available from
existing appropriations in the Natural Areas Fund operating budget; and
WHEREAS, the Land Conservation and Stewardship Board voted unanimously to
recommend approval of the Colorado Historical Fund Grant Contract and the appropriation of the
Grants; and
i
WHEREAS, Article V, Section 9, of the City Charter permits 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 grant funds will not cause
the total amount appropriated in the Natural Areas Fund to exceed the current estimate of actual
and anticipated revenues to be received during the fiscal year.
WHEREAS, Article V, Section 10, of the City Charter authorizes the City Council to
transfer by ordinance any unexpended and unencumbered appropriated amount or portion thereof
from one fund to another fund, provided that the purpose for which the transferred funds are to be
expended remains unchanged.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That there is hereby appropriated for expenditure from unanticipated grant
revenue in the Natural Areas Fund the sum of ONE HUNDRED SEVENTEEN THOUSAND
THREE HUNDRED NINETY-TWO DOLLARS ($117,392) for the grant project to restore two
historic buildings at Bobcat Ridge Natural Area.
Section 2. That the unexpended appropriated amount of SEVEN THOUSAND ONE
HUNDRED THIRTY-ONE DOLLARS ($7,131) is authorized for transfer from the Natural Areas
Fund operating budget to the grant project to restore two historic buildings at Bobcat Ridge
Natural Area and appropriated therein
Introduced, considered favorably on first reading, and ordered published this 6th day of
December, A.D. 2011, and to be presented for final passage on the 20th day of December, A.D.
2011.
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City Clerk �'p'� ••
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Passed and adopted on final reading on the 20th day of December, A.D. 2011.
ATTEST:
OF FORT COS`
Mayor
City Clerk
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