Title
Amending the financing and spending plans in the Department of Public Works in the amount of $438,193 to close out Northwest Traffic Study Project.
Body
WHEREAS, in a continuing effort by the Department of Public Works to effectively manage capital budgets there is a need to close out projects; and
WHEREAS, the NW Traffic Study was completed and is published on the City Website; and
WHEREAS, the NW Traffic Study had $438,193 federal appropriation that was not utilized for the project; and
WHEREAS, the NW Traffic Study was officially closed with MnDOT in July 2014; and
WHEREAS, the Mayor, pursuant to Section 10.9 of the Charter of the City of Saint Paul, does certify that there is no available unspent financing for transfer; so
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 the Capital Improvement Budgets, as heretofore adopted and amended by this Council; be hereby further amended in the Improvement Budgets as detailed and shown on the attached Financial Analysis.
Financial Analysis
See Attachment
CIB Recommendation
The Saint Paul Long-Range Capital Improvement Budget Committee received this request on December 8, 2014 and recommended approval.