Legislation Details

File #: 20-8570    Version: 2 Name: ORD - Riverlights FS Supp Appropriation
Type: Ordinance Status: First Reading
File created: 5/21/2024 In control: City Council
On agenda: 6/18/2024 Final action:
Title: Ordinance Making Supplemental Appropriation to the Public Facilities Capital Projects Fund in the Amount of $485,566 for the RiverLights Fire Station Project (4PSMF1930)
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Title

Ordinance Making Supplemental Appropriation to the Public Facilities Capital Projects Fund in the Amount of $485,566 for the RiverLights Fire Station Project (4PSMF1930)

 

Body

LEGISLATIVE INTENT/PURPOSE:

 

WHEREAS, this ordinance appropriates $485,566 to the Public Facilities Capital Projects Fund for the RiverLights Fire Station Project (4PSMF1930), which will serve as an additional contingency to cover the costs related to unexpected conflicts with private underground utility lines and other corresponding site access issues; and, 

 

WHEREAS, City staff requests the additional costs of $125,000 be funded from surplus from the construction of the Police/Fire Training Facility (4PSMF1010) and $360,566 from the available interest earnings within the RiverLights Fire Station Project (4PSMF1930).

 

THEREFORE, BE IT ORDAINED:

 

THAT, the following appropriation is hereby made to the Public Facilities Capital Projects Fund, and that the following revenue is available to meet this appropriation.

 

PUBLIC FACILITIES CAPITAL PROJECTS FUND

[River Lights Fire Station - 4PSMF1930]

 

Appropriation

General Construction                                                                                                                                                                                                                                                                                                      $485,566

(4PSMF1930 -IMPBLDGS - CPCONSTR - CPGENCONST)

 

Revenue

Interest Earnings                                                                                                                                                                                                                                                                                                                           $360,566

(4PSMF1930 - 4INVEST - 4INVESTINT - INTEREST)

 

Transfer from General Fund                                                                                                                                                                                                                                                            $125,000

(4PSMF1930 - 7TRANSFER - 7XF100 - XFGENFUND)

 

[Police/Fire Training Facility - 4PSMF1010]

 

Appropriation

Unallocated                                                                                                                                                                                                                                                                                                                                                ($125,000)

(4PSMF1010 -IMPBLDGS - CPUNALLOC)

 

Revenue

Transfer from General Fund                                                                                                                                                                                                                                                            ($125,000)

(4PSMF1010 - 7TRANSFER - 7XF100 - XFGENFUND)