Title
Amending the financing and spending plan in the Department of Parks and Recreation in the amount of $511,226.51 to reflect funds received from Ramsey County for construction of the Robert Piram Regional Trail project.
Body
WHEREAS, in accordance with Resolution #18-1495 adopted on October 3, 2018, the City of Saint Paul, through its Department of Parks and Recreation, will enter into a Cooperative Agreement with Ramsey County for trail, sidewalk, and mill and overlay along Plato Boulevard between Water Street and Fillmore Avenue as part of the Robert Piram Regional Trail project; and
WHEREAS, the City and Ramsey County will share project responsibilities and jointly participate in the project costs associated with design, engineering, and construction; and
WHEREAS, Ramsey County will pay the City $511,226.51 as reimbursement of its share of the costs; and
WHEREAS, the Department of Parks and Recreation agrees to accept, manage, and administer said funds for the Robert Piram Regional Trail 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 $511,226.51; 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 $511,226.51 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 $511,226.51 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 December 10, 2018 and recommended approval.