Title
Amending the financing and spending plans in the General Government Capital Maintenance Programs in the amount of $403,564 to match the actual cost of repairs for approved project.
Body
WHEREAS, as part of the 2022 - 2023 Capital Maintenance Funding Process which took place in the fall of 2021, $375,650 was approved to fund the repair of the Fleet Services Division Main Garage Roof; and
WHEREAS, bids to complete the repairs have been submitted, and the total amount needed to complete the work will be $779,214; and
WHEREAS, there are funds available in the Capital Maintenance Program Contingency fund; and
WHEREAS, the Mayor, pursuant to Section 10.07.4 of the Charter of the City of Saint Paul, and Administrative Code 57.09 (3) b does certify that there are available for transfer of appropriation funds of $403,564 in the Capital Maintenance Program Contingency fund; Public Works General Fund; now, 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 Budget Committee, that $403,564 is available for transfer of appropriation in the Capital Improvement budgets, as heretofore adopted and amended by this Council, be hereby further amended in the particulars as specified in the attached financial analysis.
Financial Analysis
See Attachment
CIB Recommendation
The CIB Committee met for their scheduled meeting time on 7/22/ 2024, but did not have quorum, and as such were not able to take an official vote for recommendation. The members present listened to the details of this request and the timeline and were able to ask questions, then encouraged this resolution to continue in the approval process to avoid project delays due to the recommendation process.