Legislation Details

File #: 20-8745    Version: 1 Name: Ordinance for Skyline Upfits
Type: Ordinance Status: First Reading
File created: 9/20/2024 In control: City Council
On agenda: 10/1/2024 Final action:
Title: Ordinance Appropriating Funds for Skyline Center Upfits Project in the Amount of $6,299,636
Attachments: 1. 2024.08.02 COW Skyline 50 CD
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Title
Ordinance Appropriating Funds for Skyline Center Upfits Project in the Amount of $6,299,636

Body
LEGISLATIVE INTENT/PURPOSE:

WHEREAS, the City of Wilmington has previously contracted for the design and construction management services for the Skyline Center Upfit project; and,

WHEREAS, the City desires to move forward into the construction phase of the Skyline Center Upfit project; and,

WHEREAS, funding for the construction phase and furnishings have been identified through various sources within the current budget; and,

WHEREAS, this ordinance will appropriate funds for the construction and construction management related to the Skyline Center upfits to City occupied floors in the amount of $6,299,636.

THEREFORE, BE IT ORDAINED:

THAT, the following appropriation is hereby made to the General Fund, Building Improvements Capital Projects Fund, Streets Capital Projects Fund, Housing Loan Fund, and the Convention Center Fund, and sufficient revenues are available to make the appropriation:
General Fund
Appropriation
Transfer to CP Buildings Fund (4GGMF2320) $6,299,636
(10095000 - 598334)

Revenue
Transfer in from Building Improvements Capital Projects Fund $1,557,187
(10009134 - 313340)

Transfer in from Streets and Sidewalk Capital Projects Fund $251,915
(10009131 - 313310)

Transfer in from Convention Center Fund $1,265,616
(10009122 - 312200)

Transfer in from LF Housing Fund $508,063
(10009181 - 317210)

Appropriated Fund Balance $2,716,855
(10009501 - 334025)

Building Improvements Capital Projects Fund
[929 N Front St Purchase/Renovation - 4GGMF2320]
Appropriation
General Construction $5,450,740
(4GGMF2320 - IMPBLDGS - CONSTR - CPGENCONST)

Professional Services $ 233,896
(4GGMF2320 - IMPBLDGS - CONTRACTL - OTHPROFSVC)

Furniture/Fixture/Equipment $ 615,000
(4GGMF2320 - IMPBLDGS - CAPITAL - FFE)

Revenue
Transfer in from General Fund $6,299,636
(4GGMF2320 - 7TRANSFER - 7XF100 - XFGENFUND...

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