HomeMy WebLinkAbout048 - 04/17/2018 - APPROPRIATING PRIOR YEAR RESERVES IN TRANSPORTATION CAPITAL EXPANSION FEE FUND AND TRANSPORTATION FU ORDINANCE NO. 048, 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
SOUTH TIMBERLINE 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 has been awarded a$2.2 Million Surface Transportation Block Grant
("STBG"), becoming available in 2020, to help reconstruct South Timberline Road from Stetson
Creek Drive to Trilby Road to the City's four lane arterial roadway standards (the "Project"); and
WHEREAS, development along the South Timberline corridor has expedited the need to
begin efforts of the Project outside the typical Budgeting For Outcomes process and in advance of
the STBG grant; and
WHEREAS, staff has identified $549,495 in the Transportation Capital Expansion Fee
Fund ("TCEF")to be used on the Project, which amount will be added to the Project budget; and
WHEREAS, this Ordinance will appropriate the TCEF funds to begin preliminary design,
right of way plan development, utility coordination and the environmental review process of the
Project; and
WHEREAS, the use of the TCEF fees on the Project will fund growth-related
transportation improvements; 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 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; 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
-1-
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
FIVE HUNDRED FORTY-EIGHT THOUSAND TWO HUNDRED EIGHTY-SEVEN
DOLLARS ($548,287) for the South Timberline 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 ONE THOUSAND TWO
HUNDRED AND NINE DOLLARS ($1,209) for the South Timberline Road Improvements
Project and appropriated therein.
Section 4. That the unexpended appropriated amount of FOUR THOUSAND TWO
HUNDRED EIGHTY-SIX DOLLARS ($4,286) in the Capital Projects Fund - South Timberline'
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.k That the unexpended appropriated amount of ONE THOUSAND TWO
HUNDRED AND NINE DOLLARS ($1,209) in the Capital Projects Fund - South Timberline
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.
L
-2-
Introduced, considered favorably on first reading, and ordered published this 3rd day of
April, A.D. 2018, and to be presented for final passage on the 17th day of April, A.D. 2018.
Mayor
ATTEST:
A Op•Fp/�,r
E.
. . ••c°
• St4 'y
O.•.,
Ci Cler °�o.
Passed and adopted on final reading on the 17th day of April, A.D. 2018.
Mayor
ATTEST:
FORTCO``2
SEAL
city Cl
96LORN�
-3-