HomeMy WebLinkAbout004 - 01/16/2018 - APPROPRIATING PRIOR YEAR RESERVES IN THE TRANSPORTATION CAPITAL EXPANSION FEE FUND AND TRANSPORTATIO ORDINANCE NO. 004, 2018
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING PRIOR YEAR RESERVES IN THE TRANSPORTATION CAPITAL
EXPANSION FEE FUND AND THE TRANSPORTATION FUND AND AUTHORIZING
THE TRANSFER OF APPROPRIATIONS FROM THE TRANSPORTATION CAPITAL
EXPANSION FEE FUND AND THE TRANSPORTATION FUND INTO THE CAPITAL
PROJECT FUND FOR THE HARMONY AND STRAUSS CABIN INTERSECTION
PROJECT AND TRANSFERRING APPROPRIATIONS FROM THE CAPITAL PROJECT
FUND TO THE CULTURAL SERVICES AND FACILITIES FUND FOR THE ART IN
PUBLIC PLACES PROGRAM
WHEREAS, this project will construct road and intersection improvements, utility
relocations,and fully signalize the intersection of Harmony Rd and Strauss Cabin Rd. The project
will install southbound left and right turn.lanes, pork-chop islands, ADA accessible sidewalk
connections; and
WHEREAS, the Harmony 23 development located on the Southwest corner of Harmony
and Strauss Cabin is currently under construction and the traffic that will accompany the
development warrants signalization of the intersection; and
WHEREAS, due to complexities on the North side of the intersection that were out of the
project scope for the development, the City has partnered with the developer to complete the
intersection improvements and ensure the ultimate build out of the signal is installed; and
WHEREAS, the signal will be maintained by City Traffic Operations using the existing
maintenance budget; and
WHEREAS, this Ordinance will appropriate $891,000 in Transportation Capital
Expansion Fee funding for construction, right-of-way acquisition, and utility relocations; and
WHEREAS, this Ordinance will appropriate $8,760 in the Transportation Fund for Art in
Public Places ("APP") for the project, as project costs of$876,000 are applicable for APP; 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
WHEREAS, City staff have determined that the appropriations as described herein are
available and previously unappropriated in the Transportation Capital Expansion Fee Fund and
the Transportation Fund; 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 or capital project,to another fund or capital 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 in which the amount appropriated exceeds the amount needed to accomplish the purpose
specified in the appropriation ordinance; and
WHEREAS, this project involves construction estimated to cost more than $250,000, as
such, Section 23-304 of the City Code requires one percent of these qualified appropriations to be
transferred to the Cultural Services and Facilities Fund for a contribution to the Art in Public Places
(APP) program.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section 1. That the City Council hereby makes and adopts the determinations and
findings contained in the recitals set forth above.
Section 2. That there is hereby appropriated for expenditure from reserves in the
Transportation Capital Expansion Fee Fund for transfer to the Capital Projects Fund the sum of
EIGHT HUNDRED NINETY-ONE THOUSAND DOLLARS ($891,000) for the, Harmony and
Strauss Cabin Intersection Project and appropriated therein.
Section 3. That there is hereby appropriated for expenditure from reserves in the
Transportation Fund for transfer to the Capital Projects Fund the sum of EIGHT THOUSAND
SEVEN HUNDRED SIXTY DOLLARS ($8,760)for the Harmony and Strauss Cabin Intersection
Project and appropriated therein.
Section 4. That the unexpended appropriated amount of SIX THOUSAND EIGHT
HUNDRED THIRTY-THREE DOLLARS ($6,833) in the Capital Projects Fund—Harmony and
Strauss Cabin Intersection Project is authorized for transfer to the Cultural Services and Facilities
Fund and appropriated therein for Art in Public Places projects.
Section 5. That the unexpended appropriated amount of ONE THOUSAND NINE
HUNDRED TWENTY-SEVEN DOLLARS ($1,927)in the Capital Projects Fund—Harmony and
Strauss Cabin Intersection Project is authorized for transfer to the Cultural Services and Facilities
Fund and appropriated therein for the Art in Public Places Program Maintenance and Operations.
Introduced, considered favorably on first reading, and ordered published this 2nd day of
January, A.D. 2018, and to be presented for final passage on the 16th day of January, A.D. 2018.
Mayor
ATTEST: of Foam
`.k.............�04
V� �Z
SEAL
City C rk
CO�ORA0 ..
-2-
Passed and adopted on final reading on the 16th day of January, A.D. 2018.
r
ATTEST: OF VORT co`
city cl
SEAL
COLORPOO
-3-