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HomeMy WebLinkAboutbudgetary impactBudgetary Impact Analysis Department Capital Improvements and Transportation Division: Commission Meeting Date: December 9, 2004 Title and brief description of legislation or attached ordinance/resolution: Emergency Finding & Waiver of competitive procurement for 5 "signature" Homeland Defense Neighborhood Improvement Bond -funded projects. returning to the City Comissin with agreements at a later date 1. Is this item related to revenue? No ❑ Yes ® Revenue Source: Homeland Deense Bond Proceeds 2. Is this item an expenditure? No ® Yes ❑ Amount: estimated $45 million overall, $32 million funded General Fund Account No: Special Revenue Fund Account No: CIP Project No: 333128 (Grapeland Water Theme Park), 311711 & 331419 (Grapeland Park Community Recreation Facility & Parking and Grapeland Recreational Fields & Site Development), 331312 (Little Haiti Park Cultural Campus and Soccer & Recreation Center), and (Jose Marti Gym) 3. Are there sufficient funds in Line Item? No: ❑ Yes: ❑ items: ACTION ACCOUNT NUMBER TOTAL From $ From $ To $ To $ hood Improvement Bonds? No L l Yes Project Name Total Bond Allocation 1't Series Appropriation Dollars Spent to Date Encumbrances & Commitments Balance *Grapeland Park Water Theme Park (B-35828) *Grapeland Community Recreation Facility & 7,000,000 7,000,000 Parking * Grapeland Fields & 5,000,000 5,000,000 Site Development *Little Haiti Park 4,000,000 4,000,000 Cultural Campus *Little Haiti Park Soccer & Recreation 6,879,655 1,879,655 Component 6,000,000 6,000,000 *Jose Marti Park Gym 5,000,000 500,000 Comments: No funds are being spent at this time for the subject Commission item. The Administration will return to the Commission at a later date with contracts, at which time allocation of revenues will be required. Annr ed Cmmniumep ent Director/Designee APPROVALS Verifi DEpt. foftrategic ' anni, Budgeting & Date:11- c”-aPerformance 1 /2 Date Verified by CIP: (If applicable) Director/Designee Date: