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HomeMy WebLinkAbout096 - 08/18/2020 - APPROPRIATING UNANTICIPATED PHILANTHROPIC REVENUE RECEIVED BY CITY GIVE FOR TRANSFER TO THE NATURAL ORDINANCE NO. 096, 2020 OF THE COUNCIL OF THE CITY OF FORT COLLINS APPROPRIATING UNANTICIPATED PHILANTHROPIC REVENUE RECEIVED BY CITY GIVE FOR TRANSFER TO THE NATURAL AREAS FUND FOR RESTORATION OF LAND AT 2540 WEST VINE DRIVE WHEREAS, the City's Natural Areas Department ("NAD") recently acquired 38 acres of agricultural land located at 2540 West Vine Drive in Fort Collins (the "Property"); and WHEREAS, interested community members conducted a fundraising campaign with the goal of restoring the scenic and wildlife habitat resources on the Property; and WHEREAS, as a result,City Give has received $76,125 in philanthropic revenue for NAD to put towards this purpose through future restoration projects; and WHEREAS, this appropriation benefits public health, safety and welfare of the citizens of Fort Collins and serves the public purpose of conserving and restoring Natural Areas property; and WHEREAS, Article V, Section 9, of the City Charter permits the City Council 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, the City Manager has recommended the appropriation described herein and determined that these appropriations are available and previously unappropriated from the General Fund and will not cause the total amount appropriated in the General Fund 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 transfer by ordinance any unexpended and unencumbered appropriated amount or portion thereof from one fund or capital project account to another fund or capital project account, provided that the purpose for which the transferred funds are to be expended remains unchanged; and WHEREAS, the City Manager has recommended the transfer described herein and determined that the purpose for which the transferred funds are to be expended remains unchanged. 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 from unanticipated philanthropic revenue in the General Fund the sum of SEVENTY-SIX THOUSAND ONE HUNDRED TWENTY-FIVE DOLLARS ($76,125) for transfer to the Natural Areas Fund and appropriated therein for the 2540 West Vine land conservation project. -l� Introduced, considered favorably on first reading, and ordered published this 4th day of August, A.D. 2020, and to be presented for final passage on the 18th day of August, A.D. 2020. ATTEST: �oF iFoR . Cp1 r SEAL rty Cl Passed and adopted on final reading on the ay of August, A.D. 2020 C I )ayv; ATTEST: h: EAL e ity C "` SN ��ioRAoo