Title
Amending the financing and spending plans in the Department of Parks and Recreation in the amount of $200,000 for STAR Grant funds received for the Rice Park Revitalization project.
Body
WHEREAS, in accordance with Resolution #18-1143, adopted on July 25, 2018, the Department of Parks and Recreation was granted $200,000 for the Rice Park Revitalization project; and
WHEREAS, this project will positively impact Rice Park and the City of Saint Paul with improvements to the existing park and upgrades of infrastructure including lighting, electrical, irrigation and other landscape improvements; and
WHEREAS, the Department of Parks and Recreation agreed to manage and administer funds for the Rice Park Revitalization project; and
WHEREAS, it is the desire of Parks and Recreation to amend the financing and spending budget for the project in the amount of $200,000; 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 for appropriation, funds of $200,000 in excess of those estimated in the 2017 Capital Improvement Budget; now, therefore, be it
RESOLVED, by the City Council of the City of Saint Paul, upon recommendation of the Mayor and the advice of the Long Range Capital Improvement Budget Committee, that $200,000 is available for appropriation in the 2017 Capital Improvement Budget, and said 2017 budget, as therefore adopted by the Council, is hereby further amended.
Financial Analysis
See Attachment
CIB Recommendation
The Saint Paul Long-Range Capital Improvement Budget Committee received this request on August 13, 2018 and recommended approval.