HomeMy WebLinkAbout079 - 07/03/2018 - APPROPRIATING PRIOR YEAR RESERVES IN TRANSPORTATION CAPITAL EXPANSION FEE FUND AND TRANSPORTATION FU ORDINANCE NO. 079, 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
SUNIGA ROAD IMPROVEMENTS PROJECT AND TRANSFERRING
APPROPRIATIONS FROM THE CAPITAL PROJECT FUND TO THE CULTURAL
SERVICES AND FACILITIES FUND FOR THE ART IN PUBLIC PLACES PROGRAM
WHEREAS; the City Engineering Department initiated the Suniga Road Improvements
Project in 2017 to create a new arterial roadway between College Avenue and Blondel Street, with
such improvements to include construction of a complete arterial street that will include raised
protected bike lines, pedestrian facilities, landscaped parkways, 'two lanes of travel in both
directions, raised landscaped medians and utility infrastructure improvements (the "Project"); and
WHEREAS, the Project's approved funding scenario identified Transportation Reserves,
Utilities and Transportation Capital Expansion Fee (TCEF) funds to design and construct the
improvements; and
WHEREAS, the Project's total budget is $3.7 million, of which $2.2 million has been
funded by the 2017/2018 Budgeting for Outcomes (BFO) process and utility funding; and
WHEREAS,now that final design and construction estimates are complete,Council wishes
to appropriate an additional $1,477,370 from the Transportation Capital Expansion Fee Funds and
Transportation Reserves to the Project, which will make a total Project Budget of$3,677,370, with
$14,774 of this appropriation going to the Arts in Public Places 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 and other'transportation related
infrastructure; 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, the City Manager has recommended the appropriation described herein and
determined that these appropriations are available and previously unappropriated from the
Transportation Capital Expansion Fee Fund and the Transportation Fund, as applicable, and will
not cause the total amount appropriated in the Transportation Capital Expansion Fee Fund and the
Transportation Fund, as applicable, to exceed the current estimate of actual and anticipated
revenues to be received in these funds during the fiscal year; and
WHEREAS, Article V, Section 10 of the City Charter authorizes the City Council to
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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
program.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF FORT
COLLINS as follows:
Section L 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
ONE MILLION FOUR HUNDRED SEVENTY-FOUR THOUSAND ONE HUNDRED
TWENTY DOLLARS ($1,474,120) for the Suniga Road Improvements 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 THREE THOUSAND
TWO HUNDRED FIFTY DOLLARS ($3,250) for the Suniga Road Improvements Project and
appropriated therein.
Section 4. That the unexpended appropriated amount of ELEVEN'THOUSAND FIVE
HUNDRED TWENTY-FOUR DOLLARS ($11,524) in the Capital Projects Fund - Suniga Road
Improvements 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 THREE THOUSAND TWO
HUNDRED FIFTY DOLLARS ($3,250) in the Capital Projects Fund - Suniga Road
Improvements 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 19th day of
June, A.D. 2018, and to be presented for final passage on the 3rd day of July, A.D. 2018.
Mayor
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Passed and adopted on final reading on the 3rd day of July, A.D. 2018.
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