Title
Amending the financing and spending plans in the Department of Public Works Capital and Operating Budgets for the 2020 Sidewalk Reconstruction, Bikeway Improvements, and the Bicycle, Pedestrian, and Traffic Safety Programs.
Body
WHEREAS, the Department of Public Works plans to reconstruct sidewalks as part of the Downtown Street and Sidewalk Improvements Program; and
WHEREAS, sidewalk maintenance n in the downtown area is 100% assessed to abutting property owners; and
WHEREAS, the Department of Public Works recommends adding $900,000 of assessment financing to the 2020 Sidewalk Reconstruction Program; and
WHEREAS, the 2020 budget includes $1,300,000 for pedestrian improvements to be completed in coordination with the Downtown and Citywide Mill and Overlay Program; and
WHEREAS, the $1,300,000 was added to the street maintenance fund and needs to be transferred to the 2020 Sidewalk Reconstruction Program; and
WHEREAS, the 2020 budget includes $295,590 for the 2020 Bikeway Improvements Program; and
WHEREAS, the $295,590 was added to the general fund and needs to be transferred to the 2020 Bikeway Improvements Program; and
WHEREAS, the 2020 budget included $350,000 of STAR funding and $80,000 from the general fund for pedestrian safety improvements; and
WHEREAS, there is a need to add $350,000 of STAR funding and to transfer $80,000 from the general fund to the 2020 Bicycle, Pedestrian and Traffic Safety Program; 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 $1,250,000; 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 $1,675,590; 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 Improvement Budget Committee, that $1,250,000 is available for appropriation and that $1,675,590 is available for transfer of appropriation of funds in the Operating and 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
See Attachment.
CIB Recommendation
The St. Paul Long-Range Capital Improvement Budget Committee received this request on April 13, 2020, and recommends approval.