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HomeMy WebLinkAboutSummary FormPurchasing Chief AGENDA ITEM SUMMARY FORM FILE ID: 15-01599 Date: 1/4/16 Requesting Department: Office of Management and Budget Commission Meeting Date: 1/14/2016 District Impacted: Citywide Type: Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item ❑ Other Subject: Resolution amending the Fiscal Year 2015-16 Multi -Year Capital Plan and subsequently amended Resolutions Purpose of Item: Law Department Matter ID No. To reprogram and re -appropriate existing funding sources and appropriate a new funding source and to amend the Fiscal Year 2015-16 Multi -Year Capital Plan pursuant to Resolution No. 15-0394, adopted September 10, 2015, as subsequently amended by Resolution No. 15-0416 and Resolution No. 15-0424, both adopted September 24, 2015, Resolution No. 15- 0463, adopted October 22, 2015, and Resolution No. 15-0547, adopted December 10, 2015 to reflect the addition of a new funding source as well as other reprogramming of existing funding. Background Information: This resolution appropriates a new funding source as well as reprograms and re -appropriates existing funding to high -priority projects from projects that are complete or are of a lower immediate priority. The new appropriation is a loan from Florida Department of Environmental Protection (FDEP) in the amount of $22,413,800 to fund B-50643 Wagner Creek/Seybold Canal Dredging previously approved by the City Commission. This new appropriation, as well as reprogramming of existing funding to continue projects, require that the Capital Improvements Appropriations Resolution No. 15-0547 be amended to reflect these changes. Budget Impact Analysis NO Is this item related to revenue? YES Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: See Attached Exhibit A NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: CIP If using or receive / 1pital fiends $22,413,800 Final Approvals (SIGN AND DATE Bu Grants N/A Risk Managemen Dept. Dire City Manage /6 Page 1 of 1