Explanation
1. BACKGROUND:
This legislation authorizes the expenditure of up to $50,000.00 to establish funding to repay various property owners for costs associated with the construction of new concrete curb.
The Division of Infrastructure Management is responsible for curb replacement within the city limits. Deteriorated curb is typically replaced by the City when a street is resurfaced. As it can be many years between resurfacing of the same street, the City has a program to reimburse property owners that do not want to wait for their street to be resurfaced for the curb to be replaced.
Reimbursement occurs subsequent to inspection of the new curb by the City. The majority of these replacements occur while the property owners are constructing new sidewalk, which are ordinarily the property owners' responsibility to maintain and/or replace. The Division of Infrastructure Management requires funding for this cost effective and beneficial program to improve curbs in the City.
2. FISCAL IMPACT
Funding for this expense is available within Fund 7766, the Street and Highway Improvement Non-Bond Fund. An amendment to the 2018 Capital Improvement Budget is required to establish sufficient budget authority for the expense. Funds need to be appropriated within Fund 7766, and a transfer of funds within Fund 7766 is also necessary to align cash with the proper project.
3. EMERGENCY DESIGNATION
Public Service is requesting emergency designation so as to provide sufficient funding to be able to reimburse residents without delay.
Title
To amend the 2018 Capital Improvement Budget; to authorize the appropriation of funds and a transfer of cash within the Street and Highway Improvement Non-Bond Fund; to authorize the Director of Public Service to reimburse various property owners for the replacement of concrete curbs; to authorize the expenditure of up to $50,000.00 for curb reimbursement for this project from the Street and Highway Improvement Non-Bond Fun...
Click here for full text