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HomeMy WebLinkAbout030 - 03/18/2014 - APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE TRANSPORTATION SERVICES FUND FOR THE 2014 FORT COL ORDINANCE NO. 030, 2014 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED GRANT REVENUE IN THE TRANSPORTATION SERVICES FUND FOR THE 2014 FORT COLLINS BIKES PROGRAM WHEREAS, in 2013, the League of American Bicyclists officially designated the Fort Collins community as a "Platinum-level Bicycle Friendly Community'; and WHEREAS, the City has been awarded Congestion Mitigation & Air Quality (CMAQ) grant funding from the North Front Range Metropolitan Planning Organization and Colorado Department of Transportation through 2016 for the Fort Collins Bikes (FC Bikes) Program in the amount of$704,128; and WHEREAS, local matching funds in the amount of$146,372 are required by the CMAQ grant, which funds have been appropriated in the Keep Fort Collins Great Fund, for a total of $850,000 for the FC Bikes Program in 2014, with the anticipation that portions will be spent in 2015 and 2016 as well; and WHEREAS, the grant will support the 2014 FC Bikes Program initiatives, allowing for refinement and expansion of current services, including enhanced bicycle safety education programs, expanded encouragement campaigns, new bicycle promotion initiatives, and development and implementation of the 2014 Fort Collins Bicycle Master Plan; 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 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 Transportation Services 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 11, of the City Charter states that funds appropriated for capital projects, and federal or state grants shall not lapse until the completion of the capital project or until the expiration of the federal or state grant. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated from unanticipated grant revenue in the Transportation Services Fund the sum of SEVEN HUNDRED FOUR THOUSAND ONE HUNDRED TWENTY-EIGHT DOLLARS ($704,128) for expenditure in the Transportation Services Fund for the Fort Collins Bikes Program in 2014, with potential expenditure of a portion of such funds occurring in 2015 and 2016. 1 Introduced, considered favorably on first reading, and ordered published this 4th day of March, A.D. 2014, and to be presented for final passage on the 18th day of March, A.D. 2014. ZLY May r tK GIJQiJ.�1�� � ATTEST. City Clerk Passed and adopted on final reading on the 18th day of March, A.D. 2014. Iv 4or ATTEST: OF FORT CO<<`Z City Clerk 'p cOLOC P'� 2