Title
Amending the financing and spending plans in the Department of Public Works Capital Budget for multiple projects.
Body
WHEREAS, the Department of Public Works proposes to add and/or transfer funding to the Capital City Bikeway Kellogg Ph 1, Lexington Extension, Griggs/Scheffer Ph 2, Maxfield Safe Routes to School (SRTS), Suburban & Ruth Signal, 2023 Signal, Bruce Vento SRTS Projects and the 2023 Bicycle Improvement Program; and
WHEREAS, the Department of Public Works is recommending the following changes to the financing and spending on these projects:
• Adding $500,000 of federal funding and transferring $275,000 of MSA funding from the 2023 Robert Street Project to the 2023 Capital City Bikeway Kellogg Ph 1 Project.
• Adding $1,030,753 of federal funding to the 2022 Lexington Extension Project.
• Transferring $475,000 from 2022 MSA Contingency and adding $300,000 assessment funding to the 2022 Griggs/Scheffer Ph 2 Project for the Hamline Mill and Overlay.
• Transferring $150,000 from 2022 MSA Contingency to the 2023 Maxfield SRTS Project.
• Transferring $120,000 from 2022 MSA Contingency to the Suburban & Ruth Signal Project.
• Transferring $305,000 from 2022 MSA Contingency, $179,000 from 2023 MSA Contingency and $56,000 from the 2023 Marshall Sidewalk Project to the 2023 Signal Project.
• Transferring $240,000 in MSA funding from 2023 Larpenteur - Hamline to Victoria Sidewalk Project and transferring $144,000 in MSA funding from the 2023 Marshall Sidewalk Project to the Bruce Vento SRTS Project.
• Removing $240,000 in County funding from the 2023 Larpenteur - Hamline to Victoria Sidewalk Project and $200,000 in County funding from the 2023 Marshall Sidewalk Project and closing these projects.
• Transferring $172,000 from the general fund to the 2023 Bicycle Improvement Program.
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 $1,830,753; 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 $2,116,000; and
WHEREAS, the Mayor pursuant to Section 10.9 of the Charter of the City of Saint Paul, does certify that there are lapsed appropriations of $440,000 in the Capital Improvement Budgets; 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 $1,830,753 is available for appropriation of funds, $2,116,000 is available for transfer of appropriation of funds and there is $440,000 in lapsed appropriations 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
See Attachment.
CIB Recommendation
The St. Paul Long-Range Capital Improvement Budget Committee reviewed this request on April 10, 2023 and recommended approval.