HomeMy WebLinkAbout077 - 09/04/2012 - APPROPRIATING UNANTICIPATED REVENUE AND AUTHORIZING THE TRANSFER OF EXISTING APPROPRIATIONS FROM THE ORDINANCE NO. 077, 2012
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE AND AUTHORIZING THE TRANSFER
OF EXISTING APPROPRIATIONS FROM THE CAPITAL PROJECTS FUND -HARMONY
BRIDGE PROJECT TO THE HARMONY ROAD AND UNION PACIFIC SAFETY AND
MAINTENANCE PROJECT
WHEREAS, improving the Union Pacific Railroad crossing is an integral piece of the
Harmony Road corridor; and
- - ---WHEREAS,the current crossing is "bottleneck"where Harmony Road transitions from six
to four travel lanes between McMurry Avenue and Timberline Road because the existing railroad
equipment does not meet the current requirements for a six lane roadway crossing; and
WHEREAS, the proposed Union Pacific railroad crossing safety and maintenance
improvements will upgrade the crossing to meet the current safety requirements for a six-lane
roadway crossing; and
WHEREAS, these improvements should ease traffic congestion, improve signal timing and
reduce vehicle delays along the Harmony Road corridor; and
WHEREAS, the Colorado Department of Transportation (CDOT) has awarded the City a
federal grant of$350,000 for the Harmony Road and Union Pacific Safety and Maintenance Project
(the "UP Safety Project"); and
WHEREAS, in 2006,the City received funding from CDOT to maintain Harmony Road for
20 years and to complete a list of capital improvements along the Harmony corridor; and
WHEREAS,the City will provide$225,000 in local matching funds by transferring unspent
Harmony Road maintenance funds from the Harmony Bridge Project to the UP Safety Project; 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 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; and
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
project to another project, 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 Capital Projects Fund the sum of THREE HUNDRED FIFTY THOUSAND
DOLLARS ($350,000) for the Harmony Road and Union Pacific Safety and Maintenance Project.
Section2. That the unexpended appropriated amount of TWO HUNDRED TWENTY-FIVE
THOUSAND DOLLARS ($225,000) is hereby authorized for transfer from the Capital Projects
Fund =Harmony Bridge Project to the-Capital Project Fund ---Harmony Road and-Union--Pacific
Safety and Maintenance Project.
Introduced, considered favorably on first reading, and ordered published this 21st day of
August, A.D. 2012, and to be presented for final passage on the 4th day of September, A.D. 2012.
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Passed and adopted on final reading on the 4th day of September, A.D. 2012.
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