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File #: RES PH 25-45    Version: 1
Type: Resolution-Public Hearing Status: Agenda Ready
In control: City Council
Final action:
Title: Amending the financing and spending plans in the Department of Public Works Capital Budget for the Randolph Bridge Project.
Sponsors: Rebecca Noecker
Attachments: 1. Financial Analysis RES PH 25-45
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Amending the financing and spending plans in the Department of Public Works Capital Budget for the Randolph Bridge Project.

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WHEREAS, the Department of Public Works is planning to replace and reconstruct Randolph Bridge; and

 

WHEREAS, the Office of Financial Services has identified $2,300,000 in Capital Improvement Bond interest and fund equity that is available to transfer into the Randolph Bridge Project to fund this work; and

 

WHEREAS, the Mayor, pursuant to Section 10.07.1 of the Charter of the City of Saint Paul, does certify that there is available for appropriation funds of $2,550,000; now, therefore be it

 

RESOLVED, by the Council of the City of Saint Paul, upon recommendation of the Mayor and advice of the Long-Range Capital Improvement Budget Committee, that $2,550,000 is available for appropriation funds in the Capital Improvement Budget, as heretofore adopted and amended by this Council, be hereby further amended in the Capital Improvement Budget in the following particulars:

 

 

CIB Recommendation

The St. Paul Long-Range Capital Improvement Budget Committee reviewed this request on March 10, 2025 and recommended approval.

 

 

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