HomeMy WebLinkAbout043 - 04/03/2018 - APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS FUND FOR THE NORTH COLLEGE IMPROVEMENTS ORDINANCE NO. 043, 2018
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE CAPITAL PROJECTS
FUND FOR THE NORTH COLLEGE IMPROVEMENTS PROJECT - CANAL
TO STATE HIGHWAY 1 PROJECT AND TRANSFERRING APPROPRIATIONS
FROM THE CAPITAL PROJECT FUND TO THE CULTURAL SERVICES
AND FACILITIES FUND FOR THE ART IN PUBLIC PLACES PROGRAM
WHEREAS, North College Avenue (US Highway 287) is a major thoroughfare for both
the City of Fort Collins and the Colorado Department of Transportation (CDOT); and
WHEREAS, in 2016,the City finished rehabilitating the North College corridor within the
City limits through the addition of a multi-modal, roadway, urban design, and utility
improvements; and
WHEREAS, CDOT is currently constructing improvements on US Highway 287 from
State Highway 1 to the LaPorte Bypass; and
WHEREAS, following the previous City improvements along the North College Corridor
and CDOT's current project, a gap in pedestrian and bicycle infrastructure will exist along both
sides of US Highway 287 for approximately 1,000 feet, including a missing crossing over the
Larimer and Weld Canal; and
WHEREAS, in 2012,the City was awarded federal Congestion Mitigation and Air Quality
(CMAQ) funds by the North Front Range Metropolitan Planning Organization (NFRMPO) to
initiate a project addressing the lack of pedestrian and bicycle facilities along US Highway 287
between the City limits and State Highway 1 (the "Project"); and
WHEREAS, including funds from Larimer County pursuant to a federal Transportation
Alternatives Program grant that were previously appropriated, additional funds from the City's
Transportation Capital Expansion Fees and the developer contributions that have previously been
appropriated to the Project, the current Project budget is $2,195,826; and
WHEREAS, an additional $156,143.63 in developer contributions, which contributions
were collected as payment-in-lieu of frontage improvement obligations from a recent development
near the Project location, is available for appropriation to the Project, bringing the Project budget
to a new total of$2,351,969.63; 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 that 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, 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
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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 total estimated construction cost of 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; and
WHEREAS, this appropriation benefits public health, safety, and welfare of the citizens of
Fort Collins and serves the public purpose of enhancing roadways, pedestrian paths and other
transportation related infrastructure; and
WHEREAS, the Financial Officer has determined that the appropriations as described
herein are available and previously unappropriated in the Transportation Capital Expansion Fee
Fund and the Transportation Fund.
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 unanticipated
revenue in the Capital Projects Fund the sum of ONE HUNDRED FIFTY-SIX THOUSAND ONE
HUNDRED FORTY-FOUR DOLLARS ($156,144) for the North College Improvements Project
- Canal to State Highway 1 Project and appropriated therein.
Section3. That the unexpended appropriated amount of ONE THOUSAND TWO
HUNDRED EIGHTEEN DOLLARS ($1,218) in the Capital Projects Fund - North College
Improvements Project - Canal to State Highway 1 Project is authorized for transfer to the Cultural
Services and Facilities Fund and appropriated therein for Art in Public Places projects.
Section 4. That the unexpended appropriated amount of THREE HUNDRED FORTY-
THREE DOLLARS ($343) in the Capital Projects Fund - North College Improvements Project -
Canal to State Highway 1 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.
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Introduced, considered favorably on first reading, and ordered published this 20th day of
March, A.D. 2018, and to be presented for final passage on the 3rd day of April, A.D. 2018.
Mayor P Tern
ATTEST:
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Passed and adopted on final reading on the 3rd day of April, A.D. 2018.
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