HomeMy WebLinkAbout081 - 07/21/2020 - APPROPRIATING UNANTICIPATED REVENUE IN THE COMMUNITY DEVELOPMENT BLOCK GRANT ORDINANCE NO. 081, 2020
OF THE COUNCIL OF THE CITY OF FORT COLLINS
APPROPRIATING UNANTICIPATED REVENUE IN THE
COMMUNITY DEVELOPMENT BLOCK GRANT FUND
WHEREAS, the City estimates it will receive in federal fiscal year 2020-2021
unanticipated revenue in the form of federal Community Development Block Grant ("CDBG")
funds from Housing and Urban Development (HUD) totaling $1,103,585; and
WHEREAS, the City also has discovered unprogrammed CDBG funds through a
reconciliation with the federal Integrated Disbursement&Information System(IDIS)of$139,790;
and
WHEREAS, on June 16, 2020, the City Council adopted Resolution 2020-056, approving
the CDBG Commission's recommendation as to which programs and projects should receive
CDBG funds in the 2020 funding cycle; and
WHEREAS, Article V, Section 9 of the City Charter permits the City Council, upon
recommendation of the City Manager, 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 11, of the City Charter provides that federal grant
appropriations shall not lapse if unexpended at the end of the budget year until the expiration of
the federal grant; and
WHEREAS,this appropriation benefits public health, safety and the welfare of the citizens
of Fort Collins and serves the public purpose of providing affordable housing and human services
for City residents.
WHEREAS, the City Manager has recommended the appropriation described herein and
determined that this appropriation is available and previously unappropriated from the Community
Development Block Grant Fund and will not cause the total amount appropriated in the
Community Development Block Grant Fund to exceed the current estimate of actual and
anticipated revenues to be received in that fund during any fiscal year.
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 grant
revenue in the federal fiscal year 2020-2021 from HUD into the Community Development Block
Grant Fund, the sum of ONE MILLION ONE HUNDRED THREE THOUSAND FIVE
-I-
HUNDRED EIGHTY-FIVE DOLLARS ($1,103,585), upon receipt thereof for federal fiscal year
2020-2021 Community Development Block Grant projects.
Section 3. That there is hereby appropriated for expenditure from unanticipated
revenue from a reconciliation of funding between the City JDE system and the federal IDIS system
into the Community Development Block Grant Fund, the sum of ONE HUNDRED THIRTY-
NINE THOUSAND SEVEN HUNDRED NINETY DOLLARS ($139,790), for approved
Community Development Block Grant projects.
Introduced, considered favorably on first reading, and ordered published this 16th day of
June, A.D. 2020, and to be presented for final passage on the 21 st day of July, A.D. 2020.
,�FOR
ATTEST: -�� �®•�C�
SEAL
City Cl o
Passed and adopted on final reading on the 2 st day of July, A.D. 2020.
Mayor
ATTEST:
F-Olt7,�,�1�r
city Cl SEAL,
c'��-OR An0
- -