Title
Amending the financing and spending plans in the Department of Public Works by adding $133,193 of Saint Paul Sewer Utility funding into the 2010 RSVP Program and by transfer of appropriations in the amount of $136,410 from close-out of projects.
Body
WHEREAS, the Department of Public Works is ready to close-out and resolve the financing and spending on the CCLRT Project, Bridge Maintenance Facility Project, 2010 RSVP, 2011 RSVP, 6th Street Sidewalk Project and Ford Parkway Sidewalk Project; and
WHEREAS, the CCLRT Project must be adjusted for a late receipt of assessment in the amount of $6,205, which will be transferred into 2010 CIB Contingency; and
WHEREAS, there is an available balance of $129,205 within the Bridge Maintenance Facility project that the Department of Public Works proposes to transfer into the Kellogg Bridge Project near River Center; and
WHEREAS, there needs to be $133,193 of Saint Paul Sewer Utility Revenue added into the 2010 RSVP Program, as well as the recording of the use of prior year SIB; and
WHEREAS, there is a need of $1,000 in the Ford Parkway Sidewalk Project that the Department of Public Works proposes to transfer from MSA Contingency; and
WHEREAS, the Mayor, pursuant to Section 10.07.1 of the Charter of the City of Saint Paul, does certify that there is available for appropriation funds of $133,193 and
WHEREAS, the Mayor, pursuant to Section 10.07.4 of the Charter of the City of Saint Paul, does certify that there is available for transfer of appropriation funds of $136,410 and
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 $133,193 is available for appropriation and $136,410 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 Improvements Budgets in the following particulars:
Financial Analysis
[Please fill out the Financial Analysis sheet if there is any finanical impact. If no, insert "None." here. If yes, insert "See Attachment." here]
CIB Recommendation
The CIB Committee received and reviewed the resolution on November 14th and moved approval.