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File #: RES PH 17-46    Version: 1
Type: Resolution-Public Hearing Status: Passed
In control: City Council
Final action: 3/1/2017
Title: Amending the financing and spending plans in the Department of Public Works in the amount of $729,705 in additional revenues, $571,814 transfer of appropriations and $51,859 in lapsed appropriations.
Sponsors: Russ Stark
Code sections: Sec. 10.07.1. - Supplemental appropriations., Sec. 10.07.4. - Transfer of appropriations., Sec. 10.09. - Lapse of appropriations_Capital improvements.
Attachments: 1. RES PH 17-046 FINANCIAL ANALYSIS
Title
Amending the financing and spending plans in the Department of Public Works in the amount of $729,705 in additional revenues, $571,814 transfer of appropriations and $51,859 in lapsed appropriations.

Body
WHEREAS, in a continuing effort by the Department of Public Works to effectively manage capital budgets, there is a need to rectify the financing and spending within several projects by adding revenues, transferring appropriations and identifying lapsed appropriations; and

WHEREAS, the Department of Public Works is recommending the following changes to resolve the financing and spending on these projects:

? Adding $1,387 of Ramsey County (County) Financing to the Kellogg Boulevard and John Ireland Boulevard Median Project and transferring $32,860 excess Municipal State Aid (MSA) to MSA Contingency to close out the project.

? Adding $20,210 of Saint Paul Sewers (Sewers) financing to the Cleveland Avenue Bike /Selby and Saratoga Bumpouts Project.

? Adding $20,000 of County financing to the SW Corner of Energy Park Drive and Lexington Avenue Project completed under the 2016 Bicycle, Pedestrian and Traffic Safety Program.

? Transferring $3,692 from MSA Contingency to the Phalen Village Left Turn Lanes Project for a late bill and identifying a lapse of appropriation of County financing in the amount of $3,421.

? Adding $30,789 of County financing to the Raymond Avenue Phase I Project.

? Transferring $48,438 of MSA financing from MSA Contingency to the New Freedom Funds Program and identifying a lapse of appropriation of Federal financing in the amount of $48,438 to make a technical correction.

? Transferring $51,582 of MSA financing from MSA Contingency to the Maryland/Arkwright Project to balance the project.

? Adding $34,972 of Federal financing and $10,569 of Bridge Bond financing...

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