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HomeMy WebLinkAbout128 - 10/18/2011 - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND FOR THE VETERANS PLAZA PROJECT AT S ORDINANCE NO. 128, 2011 OF THE COUNCIL OF.THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND FOR THE VETERANS PLAZA PROJECT AT SPRING CANYON COMMUNITY PARK WHEREAS, in 2008, a group of Fort Collins citizens initiated a project that will honor veterans in the community through the construction of a memorial to be constructed on City property (the "Project"); and WHEREAS, Spring Creek Canyon Park was identified as a suitable location for the Project; and WHEREAS, the Project was designed by an independent landscape architect retained by a group of citizens known as the Veterans Plaza Committee(the"Committee"),with oversight by City staff, and WHEREAS, the first phase of the Project has been constructed at a cost of$177,187 and incorporates concrete walks, a grass and stone seating amphitheatre, shade trees, a garden with poppies, and a platform stage; and WHEREAS, the final phase of the Project, the cost of which is estimated at$182,813, will add a bronze statue, flagpoles, and other amenities,'including two stone memorial walls embedded with touch screen/ interactive monitors that will allow visitors to search for and view the names, photos, and biographies of veterans who have ties to northern Colorado; and WHEREAS,the Committee has raised sufficient funds to cover the final phase of the Project; and WHEREAS, all funds received by the Committee are being donated to the City to be expended on the Project; and WHEREAS, $25,000 of the total Project cost of$360,000 was appropriated by the City Council in the form of Keep Fort Collins Great tax revenues through adoption of the 2011 Annual Appropriation Ordinance, and $275,000 of donated revenues has also been appropriated by the adoption of Ordinance No. 4, 2011; and WHEREAS, this Ordinance appropriates the remaining $60,000 of revenues from existing and future donations; 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 r WHEREAS, City staff has determined that the appropriation of the revenue as described herein will not cause the total amount appropriated in the Capital Projects Fund to exceed the current estimate of actual and anticipated revenues to be received in that fund during any fiscal year. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated from unanticipated revenue in the Capital Projects Fund the sum of SIXTY THOUSAND DOLLARS ($60,000) for the Veterans Plaza Project at Spring Creek Community Park. Introduced, considered favorably on first reading, and ordered published this 4th day of October, A.D. 2011, and to be presented for final passage on the 18th day of October, A.D. 2011. TC % ' Ma r ATTEST: do Chief Deputy City Clerk �O Passed and adopted on final reading on the 18th day of October, A.D. 2011. /1l.[,a�tlJ ORTCO�` Walor ATTEST: ZN U; SE I City Clerk COL.00�? r