Loading...
HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM FILE ID: 0 6- 004 I _I Date: 3/8/2006 Commission Meeting Date: 3/23/2006 Requesting Department: Capital Imprvmts, & Trsp, District Impacted: 2 Type: ® Resolution ❑ Ordinance ['Emergency Ordinance ❑ Discussion Item ❑ Other ra ao Subject: Resolution amending Capital Projects Appropriations Resolution No. R-05-0689, adopted November 17, 2005. Purpose of Item: To revise the current appropriation for CIP No. 331418, Bicentennial Park Improvements, to reflect an additional $1,223,080 of available impact fees, collected this fiscal year to date, in the parks category of the Downtown planning district. Background Information: Under a separate companion item the Administration is requesting approval for a contract increase to perform the work required for Bicentennial Park Shoreline Stabilization Phase III. The additional impact fees, in conjunction with other funding sources including Homeland Defense/Neighborhood Improvements Bonds series one, previously approved impact fees, and a FIND grant, will partially fund the contract increase with the balance amount becoming available on October 1, 2006 from the Fiscal Year 2006-2007 Budget. Due to the duration of the construction work, the available funding will be utilized to issue a purchase order for the work anticipated to be completed through this current fiscal year. Budget Impact Analysis YES Is this item related to revenue? NO Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: CIP If using or re eivin capital funds Grants �%A -Final Approvals (SIGN AND DATE) Budget Purchasing N2A Chief N' /A Risk Managemen Dept. Director City Manager Page 1 of 1