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HomeMy WebLinkAbout083 - 07/01/2014 - APPROPRIATING PRIOR YEAR RESERVES IN THE BENEFITS FUND FOR THE EMPLOYEE WELLNESS CENTER ORDINANCE NO. 083, 2014 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING PRIOR YEAR RESERVES IN THE BENEFITS FUND FOR THE EMPLOYEE WELLNESS CENTER WHEREAS, in 2009, City staff began exploring the concept of providing an on-site medical clinic ("Wellness Center") to provide-basic healthcare treatment for City employees and dependents who participate in the City's healthcare plan and has researched the economic feasibility of a Wellness Center; and WHEREAS, staff has also explored developing a partnership with another governmental entity to jointly provide basic healthcare services to the entities' employees and has determined that this is not a viable option; and WHEREAS, in 2013, staff posted a request for proposals and selected a vendor to provide basic healthcare services at a Wellness Center; and WHEREAS, in March 2014, staff met with the Council Finance Committee to review.the selected vendor's proposal to establish a Wellness Center for,the City, and the Council Finance Committee voted unanimously to recommend that staff move forward with the steps necessary to establish a Wellness Center; and WHEREAS, staff anticipates that providing a Wellness Center for employees and dependents who participate in the City's healthcare plan will reduce the City's healthcare costs; and WHEREAS, the total cost for the Employee Wellness Center in 2014 is $388,700 which includes the selected vendor's implementation costs for center equipment ($147,700) and facility and infrastructure costs ($241,000) with a projected five year return on investment; and WHEREAS, staff has determined that sufficient funds are available in the reserves of the benefits fund to fund the facility and infrastructure costs for the Wellness Center; 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, if such reserves were not previously appropriated. NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT COLLINS that there is hereby appropriated for expenditure from prior year reserves in the Benefits Fund the sum of THREE HUNDRED EIGHTY-EIGHT THOUSAND SEVEN HUNDRED DOLLARS ($388,700) for an Employee Wellness Center. 1 Introduced, considered favorably on first reading, and ordered published this 3rd day of June, A.D. 2014, and to be presented for final passage on the 1 st day of July, A.D. 2014. OF FORTc. ���fiL� A,J;• •.O! M or ATTEST: VS :z City Clerk "s`1 Passed and adopted on final reading on the 1 st day of July, A.D. 2014. Mayor ATTEST: \��pF•FO��c City Clerk OZ�RADo° 2