HomeMy WebLinkAbout013 - 02/04/2014 - APPROPRIATING UNANTICIPATED REVENUE IN THE NATURAL AREAS FUND GRANT PROJECT TO RESTORE TWO HISTORIC ORDINANCE NO. 013, 2014
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN TFIE
NATURAL AREAS FUND GRANT 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$141,877 which will fund 71% of the cost of restoring two historic structures at Bobcat Ridge
Natural Area, the Poultry Shed and the Equipment Shed; and
WHEREAS, the Grant Contract requires a 29% local project match in the amount of
$57,950, for a total estimated project cost of$199,827; and
WHEREAS, the City has also received a grant in the amount of$43,000 from the Pulliam
Charitable Trust which will cover most of the required match; and
WHEREAS, the remaining matching funds in the amount of $14,950 are available from
existing appropriations in the Natural Areas Fund operating budget; and
WHEREAS, on December 11, 2013, the Land Conservation and Stewardship Board voted
unanimously to recommend approval of the Colorado Historical Fund Grant Contract; and
WI-[EREAS, 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 grant funds as
described herein 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 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 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 EIGHTY-FOUR THOUSAND
EIGHT HUNDRED SEVENTY-SEVEN DOLLARS ($184,877) for the grant project to restore
two historic buildings at Bobcat Ridge Natural Area.
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Section 2. That the unexpended appropriated amount of FOURTEEN THOUSAND
NINE HUNDRED FIFTY DOLLARS ($14,950) is hereby 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 21st day of
January, A.D. 2014, and to be presented for final passage on the 4th day of February, A.D. 2014.
O` . •'I's MAyck
ATTEST: };
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City Clerk
Passed and adopted on final reading on the 4th day of February, A.D. 2014.
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ATTEST: FORT CoIr
City Clerk :'p
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