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File #: RES 10-1216    Version: 1
Type: Resolution-Public Hearing Status: Passed
In control: City Council
Final action: 11/17/2010
Title: Approving the 2010 Public Works capital project closeout.
Sponsors: Kathy Lantry
Attachments: 1. Financial Analysis - PW 2010 Closeout Resolution 11-1-10.pdf
Title
Approving the 2010 Public Works capital project closeout.
 
Body
WHEREAS, in a continuing effort by the Department of Public Works to close out prior year capital projects, there is a need for transfers of surplus funding
from various project to contingencies; and
 
WHEREAS, there are projects where the budgeted amount does not match the amount that was actually collected, particularly with respect to non-city financing sources and assessments; and
 
WHEREAS, the Department of Public Works is recommending the following changes to resolve these conditions; 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 unspent funds totaling
$453,937.66 within various Public Works projects that are available for redistribution in the Capital Improvement Budgets; 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 $453,937.66 is available for appropriation in the Capital Improvement Budgets, as heretofore adopted and amended by this Council, be hereby further amended in the Capital Improvement Budgets as detailed in the attached.
 
CIB Committee Recommendation
Committee voted to approve resolution.
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