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HomeMy WebLinkAbout115 - 10/06/2015 - AUTHORIZING THE TRANSFER OF PREVIOUSLY APPROPRIATED FUNDS IN THE STORM DRAINAGE FUND FROM INDIVIDUAL ORDINANCE NO. 115, 2015 OF THE COUNCIL OF THE CITY OF FORT COLLINS AUTHORIZING THE TRANSFER OF PREVIOUSLY APPROPRIATED FUNDS IN THE STORM DRAINAGE FUND FROM INDIVIDUAL STORMWATER BASIN CAPITAL PROJECTS, INCLUDING ALL SUB-PROJECTS AND ENCUMBRANCES; INTO THE, STORMWATER BASIN IMPROVEMENT CAPITAL PROJECT WHEREAS, this Ordinance provides for the consolidation of existing appropriations to improve transparency and flexibility of using the existing stormwater basin improvement appropriations to fund the highest priority projects, consistent with the objectives stated by City Council in Ordinance No. 168, 1998, for uniform and Citywide operation, maintenance, and improvements to the Stormwater system; and WHEREAS, since the adoption of the 2013-2014 Budget, new appropriations are made to the Citywide Stormwater Basin Improvements Project and not to individual basins; and WHEREAS, by adoption of Ordinance No. 074, 2015, existing appropriations were consolidated into the Citywide Stormwater Basin Improvement Project to allow staff to fund larger capital projects benefiting the City as a whole, as well as the specific basin for which the funds were created; and WHEREAS, this Ordinance is to correct a process issue with the language of previously approved Ordinance No. 074, 2015, which transferred only the unallocated main Capital Project funds of the Stormwater Enterprise but inadvertently failed to include funds for associated existing sub-projects; and WHEREAS, the Ordinance does not appropriate any new funding; 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, the purpose for which the funds were initially appropriated no longer exists, or the proposed transfer is from a fund or capital project account in which the amount appropriated exceeds the amount needed to accomplish the purpose specified in the appropriation ordinance; and WHEREAS, the City Manager has recommended the transfer set forth below and the'City Council finds that such transfer meets the requirements of Article V, Section 10 of the City Charter because 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: - 1 - Section 1. That the City Council hereby adopts the findings and recommendations set forth above. Section 2. That the following funds are hereby authorized for transfer and appropriated for expenditure for the purposes stated below from these projects and sub-projects in the Storm Drainage Fund: Old Town Basin Improvements $ 125,010 Dry Creek Basin Improvements $ 1,165,001 W. Vine Basin Improvements $ 8541458 Foothills Basin Improvements $ 4,778 Canal Importation Basin Improvements $ 710,859 Cooper Slough Boxelder Basin Improvements $ 4,067,379 Fossil Creek Basin Improvements $ 222,380 Cache La Poudre Drainageway Basin Improvements, $ 423,018 Drainage System Replacements $ 289,555 TOTAL $ 7,862,438 Appropriation TO this project in the Storm Drainage Fund: Stormwater Basin Improvements Capital Project $7,862,438 Introduced, considered favorably on first reading, and ordered published this 15th day of September,,A.D. 2015, and to be presented for final passage on the 6th day of October, A.D. 2015. QQ*:' •Y ayor ATTEST: "' S ao •••COLO�p City Clerk Passed and adopted on final reading on the 6th day of October, A.D. 2015. e A. Mayor ATTEST: City Clerk - 2 -