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HomeMy WebLinkAbout015 - 03/06/2012 - APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE TRANSPORTATION SERVICES FUND FOR THE ACQUISITION OF ORDINANCE NO. 015, 2012 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE TRANSPORTATION SERVICES FUND FOR THE ACQUISITION OF NEW TRAFFIC SIGNAL SYSTEM SOFTWARE WHEREAS, the City has been awarded a Federal Congestion Mitigation Air Quality ("CMAQ") grant in the amount of$248,000 (the "Grant"); and WHEREAS, the Grant is for the acquisition and installation of new software for the City's traffic signal system; and WHEREAS,the current software is becoming obsolete because of operational issues,limited features, and the discontinued support of the software by the vendor; and WHEREAS, the total estimated cost to procure and install the new software is $400,000 which can be funded by the Grant and local matching funds consisting of appropriations in the Transportation Services Fund for traffic operations; and WHEREAS,the City Council has adopted Resolution 2012-007 authorizing the City to enter into a contract with the Colorado Department of Transportation to obtain and use CMAQ funds to procure the new software; and 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 have determined that the appropriation of the Grant revenue as described herein will not cause the total amount appropriated in the Transportation Services Fund to exceed the current estimate of actual and anticipated revenues during fiscal year 2012. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure from unanticipated revenue in the Transportation Services Fund the sum of TWO HUNDRED FORTY-EIGHT THOUSAND DOLLARS ($248,000) for the acquisition of new traffic signal system software. . i Introduced, considered favorably on first reading, and ordered published this 21st day of February, A.D. 2012, and to be presented for final passage on the 6th day of March, A.D. 2012. SORT C .... O ATTEST: r e?N U� sEAL )LL . ; s e City Clerk ..... Passed and adopted on final reading on the 6th day of March, A.D. 2012. OF FORT ,,,,••CO M or ATTEST: \�:' '••,!!� Chief Deputy City Clerk c......