HomeMy WebLinkAbout1993-074-06/01/1993-CONTRACT ISTEA FUNDS STATE OF COLORADO TROLLEY BUILDING REHAB RESOLUTION 93-74
OF THE COUNCIL OF THE CITY OF FORT COLLINS
AUTHORIZING THE MAYOR TO ENTER INTO A CONTRACT WITH
THE STATE OF COLORADO FOR THE RECEIPT AND EXPENDITURE OF
INTERMODAL SURFACE TRANSPORTATION & EFFICIENCY ACT OF
1991 FUNDS FOR THE REHABILITATION OF THE TROLLEY BUILDING
WHEREAS, the City owns the historic Trolley Car Building located on the
southeast corner of the intersection of Howes and Cherry Streets; and
WHEREAS, Ordinance No. 95, 1992 designated the Trolley Car Building as a
local historic landmark; and
WHEREAS, the City is desirous of repairing and stabilizing the building to
ensure that it can be used in the future; and
WHEREAS, Intermodal Surface Transportation and Efficiency Act of 1991
("ISTEA") enhancement funds are available for historic preservation and
rehabilitation of historic transportation buildings; and
WHEREAS, the Colorado Department of Transportation has notified the City
of approval of the City's application for $180,800 in Fiscal Year 1993
transportation enhancement funds; and
WHEREAS, the matching ratio for this project is 80% ISTEA funds and 20%
City match; and
WHEREAS, the City's required matching funds of $45,200 are appropriated in
the 1993 Adopted Budget; and
WHEREAS, Section 29-1-203, C.R.S. , authorizes the City to cooperate and
contract with other governmental agencies in order to provide any function,
service, or facility lawfully authorized to each if such contract is properly
authorized by each party thereto; and
WHEREAS, Article II, Section 16, of the Charter of the City of Fort Collins
authorizes the Council , by ordinance or resolution, to enter into contracts with
other governmental bodies to furnish governmental services or enter into
cooperative or joint activities with other governmental bodies.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS
that the Mayor be, and hereby is, authorized to enter into an intergovernmental
agreement between the City of Fort Collins and the State of Colorado concerning
the allocation of Intermodal Surface Transportation Efficiency Act of 1991 funds
in the sum of One Hundred Eighty Thousand Eight Hundred Dollars ($180,800) for
the rehabilitation of the Trolley Car Building.
Passed and adopted at a regular meeting of the Cit Council held this 1st
day of June, A.D. 1993.
ATTEST:
(�
City Clerk