Title
Pertaining to a 2019 Budget Amendment No. 2 to record the increase in spending and financing for the demolition of the Highland Reservoir, pipe assessment, modifications and repairs to buildings and structures, and technology improvements.
Body
WHEREAS, Resolution 19-1754 approved Amendment No. 1 to the 2019 Adopted Budget and this amount was $250,000; and
WHEREAS, in its 2018 budget, the Board of Water Commissioners did authorize spending for the repair and maintenance of the utility facilities for $697,000, technology improvements for $160,000, plans and specifications for the Highland reservoir and an assessment of our concrete pipe for $360,000, and improvements to Sucker Lake under a joint powers agreement with the Vadnais Lake Area Water Management Organization (VLWAMO) for $30,000 for a total of $1,247,000; and
WHEREAS, contracts for these services were not fully executed by the end of the fiscal year 2018 and not expended or encumbered; and
WHEREAS, the total amount needed in 2019 increase in spending is $1,247,000 which will be financed from use of fund balance; now, therefore, be it
RESOLVED, that the Board of Water Commissioners does hereby recommend amendment to its 2019 Adopted Budget, resulting in an increase of spending and financing of $1,247,000 to the 2019 Adopted Budget, resulting in an amended budget of $78,909,786, the details of such are attached, and does recommend approval by the Saint Paul City Council.