Title
Amending the financing and spending plans in the Department of Public Works Capital Budget to close out projects.
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 multiple projects; and
WHEREAS, there is a need to adjust project budgets due to the conversion to Infor, project cancellation, and minor adjustments to match the financing to the spending prior to project closeout.
NOW, THEREFORE BE IT RESOLVED by the Council of the City of Saint Paul, upon recommendation of the Mayor and advice of the Capital Improvement Budget Committee, as heretofore adopted and amended by this Council, be hereby further amended in the following particulars:
Financial Analysis
See Attached
CIB Recommendation
The St. Paul Long-Range Capital Improvement Budget Committee received this request on February 10, 2020, and recommends approval.