Finance Item/Grant Request Template
Date Submitted: 04-11-17
Requesting Agency: Finance
Division: Budget and Management Office
§ Name: Laura Perry, BMO
§ Phone: (720) 913-5537
§ Email: laura.perry@denvergov.org <mailto:laura.perry@denvergov.org>
Item Title & Description:
(Do not delete the following instructions)
These appear on the Council meeting agenda. Initially, the requesting agency will enter a 2-3 sentence description. Upon bill filling, the City Attorney’s Office should enter the title above the description (the title should be in bold font).
Both the title and description must be entered between the red “title” and “body” below. Do not at any time delete the red “title” or “body” markers from this template.
title
A bill for an ordinance rescinding budget from Capital Improvements and Capital Maintenance Projects and making appropriations for Capital Improvements and Capital Maintenance Projects.
Rescinds $2.4 million in the capital improvement fund from the Marion Underpass project and re-appropriates $1.6 million to the Washington Street Preliminary Design project, and $800,000 to the 47th and York project to fund critical mobility capital project needs in Council District 9. The Committee approved filing this bill by consent on 4-18-17.
body
Affected Council District(s) or citywide? Council District 9
Executive Summary with Rationale and Impact:
Detailed description of the item and why we are doing it. This can be a separate attachment.
This ordinance request is to rescind and reappropriate $2,400,000 in the capital improvement fund from Marion Underpass project to fund critical mobility capital project needs in the Globeville Elyria-Swansea neighborhood, which have been recognized in the two-adopted neighborhood’s respective plans. The Marion Underpass CIP appropriation is no longer needed as the cost of the project will be paid for from NWC bond proceeds. An executive summary is attached which provides additional project details.
• Washington Street Preliminary Design $1,600,000
The preliminary design will advance the project and address the changing land uses and the future vision for the corridor as a mixed-use street. Preliminary design will build from previous/current studies and include design and engineering of the roadway, including required utilities, sidewalks, bicycle facilities, and streetscape elements.
47th and York Crossing $800,000
The proposed pedestrian bridge will provide safe crossing of 47th Avenue and York Street for neighborhood residents. To move forward with this project, the existing gas regulator station located at the proposed pedestrian bridge landing needs to be relocated. This relocation is critical to maintain the schedule of this project.
Type (choose one: Grant; Supplemental; Fund Creation; Fund Rescission; Fund Transfer; Appropriation; Other): Fund rescission & appropriation
Amount: $2,400,000
Budget Year: 2017
Fund and Funding Source (Fund/Org/Grant Number, if applicable):
34080 0146102 MO001 Washington Street Design $1,600,000
34080 0146102 MO001 47th and York Crossing $800,000
Grantor (if applicable):
Fund Matching Requirements (if applicable):
Fiscal Impact:
Projects will be completed within existing budget appropriation levels.