HomeMy WebLinkAbout049 - 07/17/2012 - APPROPRIATING PRIOR YEAR RESERVES IN THE LIGHT & POWER FUND AND IN THE WATER FUND FOR THE FORT COLLI ORDINANCE NO. 049, 2012
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE LIGHT & POWER
FUND AND IN THE WATER FUND FOR THE FORT COLLINS
MUSEUM OF DISCOVERY ART IN PUBLIC PLACES PROJECT
WHEREAS, the Fort Collins Museum of Discovery Project will expand the educational
experience of visitors by providing a broad array of scientific, cultural and historical exhibits in a
single location; and
WHEREAS, the City Council established the Art in Public Places (APP) program in
1995 to encourage and enhance artistic expression and appreciation, and add value to the
community through acquiring, exhibiting and maintaining public art; and
WHEREAS, the APP program is funded by setting aside one percent of all eligible city
construction projects over$250,000, as defined in the APP guidelines; and
WHEREAS, the APP Selection Committee has selected artist Ned Kahn to develop
unique educational art experiences as part of the Fort Collins Museum of Discovery exhibits
using the themes of water, sustainability and energy; and
WHEREAS, the projected cost of the materials, installation, and contingency for this
APP project is $590,000; and
WHEREAS, funds are available in the Water Fund - Art in Public Places Reserve
($390,000) and in the Light and Power Fund - Art in Public Places Reserve ($200,000) for this
APP project; and
WHEREAS, Article V, Section 9 of the City Charter permits 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; and
WHEREAS, upon completion of the designs for the proposed exhibits, the City Council
will have the opportunity, by separate resolution, to review the designs and approve the
expenditure of the APP funds appropriated by this Ordinance, including determining whether the
proposed project meets the City Charter and Code requirements for expenditure of Utility APP
funds.
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 prior year reserves
in the Water Fund the amount of THREE HUNDRED NINETY THOUSAND DOLLARS
($390,000) for the Fort Collins Museum of Discovery Art in Public Places project.
Section 2. That there is hereby appropriated for expenditure from prior year reserves
in the Light and Power Fund the amount of TWO HUNDRED THOUSAND DOLLARS
($200,000) for the Fort Collins Museum of Discovery Art in Public Places project.
Introduced, considered favorably on first reading, and ordered published this 5th day of
June, A.D. 2012, and to be presented for final passage on the 17th day of July, A.D. 2012.
p...... ' a o� LeJ
°.l
ATTEST: 0.
V� SEAL eN
.inter�iErrC 0,Jerk 9Po0
Passed and adopted on final reading on the 17th day of July, A.D. 2012.
ti�40 C O4,`'.�
�;• Cyr �
ATTEST: or
WIZ/�'� /�'� ..... •'iPi��"
City Clerk