HomeMy WebLinkAbout2003-027-02/18/2003-SUBMITTING TO THE REGISTERED ELECTORS OF THE CITY A PROPOSED CHANGE IN THE USE OF THE BUILDING COMMU RESOLUTION 2003-027
OF THE COUNCIL OF THE CITY OF FORT COLLINS
SUBMITTING TO THE REGISTERED ELECTORS OF THE CITY
A PROPOSED CHANGE IN THE USE OF THE BUILDING COMMUNITY C CES
QUARTER CENT SALES AND USE TAX REVENUES PRESENTL
DESIGNATED FOR PROSPECT ROAD IMPROVEMENTS
WHEREAS, on April 8, 1997, the registered electors of the City auth ized the adoption of
Ordinance No. 31, 1997, (the Ordinance ) which extended a quarter-cen ales and use tax for a
period of eight years for the purpose of obtaining funds for the construc * n of certain community
enhancement capital projects as described in the"Building Community C ices"capital improvement
program; and
WHEREAS, one of the projects to be funded by h tax is the "Prospect Road
Improvements, Poudre River to Summitview," (the "Project" hich project consists of widening
Prospect Road from the Poudre River to Summitview Drive as to provide bicycle lanes,two travel
lanes,a left turn lane and a sidewalk to enhance the safety o icyclists,pedestrians and motorists,and
so as to protect the roadway from major floods; and
WHEREAS, City staff has informed the Ci Council that the Project, as described to the
voters and as described in the Ordinance, is incon ' ent with the current transportation needs of the
City and, if constructed, would necessitate, in e near future, the removal and reconstruction of
certain portions of the Project; and
WHEREAS, for this reason, th ity Council believes that the tax revenues presently
earmarked for the Project could be bet utilized if they were made available for any transportation
capital project that may be designate y the Council as being among the highest priorities on the
City's Master Street Plan; and
WHEREAS,the Ordin ce requires that the Project be undertaken and completed by the City
as described in the Ordinanc nless the City Council determines that the Project is no longer legally
or financially feasible; and
WHEREAS, the reasons stated above, the City Council believes that the Project has
become inadvisable though the Project remains legally and financially feasible; and
WIE S, the City Council wishes to seek approval of the voters to change the purpose
for which thi ortion of the Building Community Choices tax revenues can be utilized; and
REAS, the next regular election of the City is scheduled to be held on April 8, 2003.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
C INS that the following question be submitted to the registered electors of the City at the
r ular election of the City which is scheduled to be held on April 8, 2003:
Failed to Pass 3-4
February 18, 2003
BALLOT ISSUE NO. 3
A City-initiated Measure Proposing a Change in Use of a Portion of e
"Building Community Choices" Tax Revenues
Shall that portion of the existing sales and use tax revenues for t `Building
Community Choices" Capital Improvement Program imposed by Ord' ance No. 31,
1997, of the City of Fort Collins, which is currently designated for ' provements to
Prospect Road, from the Poudre River to Summitview, be used ' tead to help pay
for any transportation capital improvement project that may be ignated by the City
Council as one of the highest priority transportation projects own on a twenty(20)
year transportation master plan?
YES
NO
Passed and adopted at a regular meet' g of the City Council held this 18th day of February,
A.D. 2003.
Mayor
ATTEST:
City Clerk