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HomeMy WebLinkAbout024 - 03/04/2014 - APPROPRIATING PRIOR YEAR RESERVES IN THE KEEP FORT COLLINS GREAT FUND TO FUND FURTHER DEVELOPMENT OF ORDINANCE NO. 024, 2014 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE KEEP FORT COLLINS GREAT FUND TO FUND FURTHER DEVELOPMENT OF THE WEST CENTRAL NEIGHBORHOODS PLAN WHEREAS, the West Central Neighborhoods Plan (the "Plan') which was established in 1999, encompasses the neighborhoods south and west of Colorado State University ("CSU") campus; and WHEREAS, the Plan area includes commercial and institutional uses as well as the highest residential density of any planning area in Fort Collins; and WHEREAS, the Transportation element of the Plan is in need of an update in light of CSU on-campus expansion, student population growth, additional area development, automobile congestion mitigation needs, and deficiencies of sidewalks, bike lanes, and parking facilities; and WHEREAS, the update will address transportation facilities and services for the "Prospect Corridor," (the portion of Prospect Road between Peterson Street and South Taft Hill Road) review of existing conditions, identifying data needs, establishing a transportation vision, CSU campus development, potential on-campus stadium impacts, updates to existing network plans, and evaluating design alternatives for Prospect Road; and WHEREAS, the FC Moves Department is requesting a one-time appropriation of S 170,000 from existing reserves in the Keep Fort Collins Great Other Transportation Reserve to fund consulting services associated with the development of the Transportation Element of the Plan update; and WHEREAS, if appropriated, these funds will supplement $135:000 of previously approved funding for consulting services to update the land use, housing, and urban design elements of the Plan; and WHEREAS, the consolidation of funds will result in considerable efficiencies in public expenditure, outreach and engagement, sharing of data and design concepts between land use and transportation, and utilizing a single consultation team to serve both land and transportation updates to the Plan; 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 NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure from reserves in the Keep - 1 - Fort Collins Great Fund the sum of ONE HUNDRED SEVENTY THOUSAND DOLLARS ($170,000) to support the update of the West Central Neighborhoods Plan in 2014. Introduced, considered favorably on first reading, and ordered published this 18th day of February, A.D. 2014, and to be presented for final passage on the 4th day of March, A.D. 2014. Ma r ATTEST: pI CoLG/yS City Clerk u °. Passed and adopted on i cro on the 4th day of March, A.D. 2014. C"O�" � M1 yor r ATTEST: <ti{ 0� �t (P City Clerk tixf� - 2