Title
Amending the financing and spending plan in the Department of Parks and Recreation in the amount of $125,000 to utilize Parkland Dedication funds for the Wabash Trail project.
Body
WHEREAS, the Department of Parks and Recreation is renovating Wabash Trail; and
WHEREAS, it is the desire of the Department of Parks and Recreation to transfer Parkland Dedication funds in the amount of $125,000 to the Wabash Trail project; and
WHEREAS, the Department of Parks and Recreation wishes to amend the existing financing and spending budget for the project to reflect said funds; and
WHEREAS, the Mayor, pursuant to Section 10.07.1 of the Charter of the City of Saint Paul, does certify that there are available for appropriation, funds of $125,000 in excess of those estimated in the 2023 Capital Improvement Budget; now, therefore, be it
RESOLVED, by the City Council of the City of Saint Paul, upon recommendation of the Mayor and the advice of the Long Range Capital Improvement Budget Committee, that $125,000 is available for appropriation in the 2023 Capital Improvement Budget, and said 2023 budget, as heretofore adopted by the Council, is hereby further amended.
Financial Analysis
See Attachment
CIB Recommendation
The St. Paul Long-Range Capital Improvement Budget Committee received this request on March 13, 2023 and recommended approval.