Title
Amending the financing and spending plan in the Department of Parks and Recreation in the amount of $182,979 for the transfer of funds from the Twins Grant Special Fund Budget to the Victoria Park Capital Project Fund for project enhancements.
Body
WHEREAS, the Department of Parks and Recreation is currently creating enhancements at Victoria Park; and
WHEREAS, Twins Grant funding has been identified and approved as a source of funding for enhancements at Victoria Park; and
WHEREAS, it is the desire of the Department of Parks and Recreation to transfer the current Twins Grant balance of $182,979 to the Victoria Park project for park improvements; 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 $182,979 in excess of those estimated in the 2024 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 $182,979 is available for appropriation in the 2024 Budget, and said 2024 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 reviewed this request on May 13, 2024 and recommended approval.