Explanation
Background:
The purpose of this legislation is to (1) authorize the appropriation and transfer of $217,000.00 from the Special Income Tax Fund No. 430 to the Voted 1995 and 1999 Parks and Recreation Bond Fund No. 702; (2) to accept a grant from the 1999 U.S. Soccer Federation Foundation and appropriate $100,000.00 to the Recreation and Parks Private Grant Fund; (3) to authorize the Director of Recreation and Parks to enter into a contract with Storts Excavation for Spindler Road Park Improvements; and, (4) to authorize the expenditure of $317,000.00 for this project.
Bids were received by the Recreation and Parks Department on May 18, 2004 for the Spindler Road Park Improvements Project as follows:
Status Amount
Storts Excavation Majority $299,100.00
McDaniels Construction MBE $336,336.00
Performance Site Mgmt. Majority $363,000.00
Project includes removal of a small gravel lot and the installation of a gravel parking lot, irrigation, well, wood fencing, electric, metal gate, landscaping, grading and seeding.
The Contract Compliance Number for Storts Excavation is #31-1464608.
A contingency amount of $15,000.00 is being included in this project.
The approximate cost of Recreation and Parks staff time on this project is $2,900.00 (03-027).
This ordinance is submitted as an emergency in order to provide facility parking for the fall season.
Fiscal Impact:
The transfer of $217,000.00 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 Recreation and Parks Private Grant Fund will be reduced by $100,000.00.
Title
To authorize the appropriation and transfer of $217,000.00 from the Special Income Tax Fund to the Voted 1995 and 1999 Parks and Recreation Bond Fund, to accept a grant from the 1999 U.S. Soccer Federation Foundation and authorize an appropriation, to...
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