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HomeMy WebLinkAbout085 - 08/18/2015 - AUTHORIZING THE TRANSFER OF PREVIOUSLY APPROPRIATED FUNDS IN THE WASTEWATER FUND FROM THE COLLECTION ORDINANCE NO. 085, 2015 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE TRANSFER OF PREVIOUSLY APPROPRIATED FUNDS IN THE WASTEWATER FUND FROM THE COLLECTION SYSTEM REPLACEMENT PROJECT TO THE WATER RECLAMATION REPLACEMENT PROJECT WHEREAS, the original funding request for the Water Reclamation Replacement Project for equipment replacements at the Drake Water Reclamation Facility has been found to be inadequate to cover all immediate needs, including unanticipated equipment replacement; and WHEREAS, as Utilities has instituted the use of trenchless technologies on more and more collection system replacement projects, "per project" costs have been reduced resulting in a surplus in the Collection System Replacement Project over what had expected to need for such replacements; and WHEREAS, this Ordinance transfers $350,000 in the Wastewater Fund from the Collection System Replacement Project to the Water Reclamation Replacement Project; and WHEREAS, the specifics of this transfer were discussed with the Water Board at its June 4, 2015, work session and the Water Board voted to recommend Council approval at the June 18, 2015 regular meeting; and WHEREAS, this Ordinance does not appropriate any new funding; and WHEREAS, these funds will continue to be used for capital improvements to the City's wastewater system, consistent with the purpose of the original appropriation; 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 (project) to another fund (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 that the unexpended and unencumbered appropriated amount of THREE HUNDRED AND FIFTY THOUSAND DOLLARS ($350,000) is hereby authorized for transfer in the Wastewater Fund from the Collection System Replacement Project to the Water Reclamation Replacement Project. - 1 - Introduced, considered favorably on first reading, and ordered published this 21 st day of July, A.D. 2015, and to be presented for final passage on the 18th day of August, A.D. 2015. QpRT Co, Uo� ..... .��yN v Mayor ATTEST: : SEA •••COLOKPO Chief Deputy City Clerk Passed and adopted on final reading on the 18th day of August, A.D. 2015. FORT CO a ATTEST: <<�y SEAL U/��.1i(!�'` l/v �y7�'`�"J'I •Pao "a City Clerk - 2 -