Explanation
Background:
The purpose of this legislation is to authorize the appropriation and transfer of $275,000.00 from the Special Income Tax Fund No. 430 to the Voted 1995 and 1999 Parks and Recreation Bond Fund No. 702; to authorize the transfer of $2,000.00 within the Voted 1995 and 1999 Parks and Recreation Bond Fund; and, to authorize the Director of Recreation and Parks to enter into a contract with Supreme Irrigation for the Airport Golf Course Irrigation Project.
Bids were received by the Recreation and Parks Department on March 23, 2004 for the Airport Golf Course Irrigation Project as follows:
Status Amount
Supreme Irrigation Majority $250,000.00
Oakland Nursery Majority $321,400.00
Buckeye Landscape Majority $342,596.00
Legends Golf Majority $347,050.00
Project includes renovation to existing 18 hole irrigation system and installation of well at Airport Golf Course.
The Contract Compliance Number for Supreme Irrigation is #31-1779021.
A contingency amount of $25,000.00 is being included in this project.
The approximate cost of Recreation and Parks staff time on this project is $2,000.00 (02-041).
This ordinance is submitted as an emergency to allow the financial transaction to be posted in the City's accounting system as soon as possible. Up-to-date financial posting promotes accurate accounting and financial management. Additionally, legislation should be emergency as project needs to begin immediately in order to be completed prior to the busy summer golf season.
Fiscal Impact:
The transfer of $275,000.00 from the Special Income Tax Fund to the Voted 1995 and 1999 Parks and Recreation Bond Fund is a temporary measure until the City sells notes or bonds to fund these improvements.
The transfer of $2,000.00 within fund 702 is required to allow for all outstanding project balances to have a zero balance prior to SIT transfers.
Title
To authorize the appropriation and tran...
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