Explanation
Background:
This ordinance will authorize the City Auditor to set up a certificate in the amount of $232,202.00 for various expenditures for labor, material and equipment in conjunction with Recreation and Parks existing park improvements. These are unanticipated expenditures that may include, but are not limited to, items such landscaping, concrete, asphalt, equipment improvements, etc. All work will be based on three estimates obtained from qualified contractors and will not exceed $20,000.00 per job.
Fiscal Impact:
$232,202.00 is required and budgeted in the Voted Recreation and Parks Bond Fund to meet the financial obligations of these various expenditures -
Title
To authorize the City Auditor to set up a certificate in the amount of $232,202.00 for various expenditures for labor, material and equipment in conjunction with park improvements; to authorize the transfer of $214,702.00 within the Recreation and Parks Fund 702; to authorize the transfer of $17,500.00 within the Recreation and Parks Fund 746, to amend the 2012 Capital Improvement Budget; to authorize the expenditure of $232,202.00 from the Voted Recreation and Parks Bond Fund; and to declare an emergency. ($232,202.00)
Body
WHEREAS, various unanticipated park improvements are necessary within the Recreation and Parks Department; and
WHEREAS, funds are being moved to alternate projects within Fund 702 and Fund 746 to establish correct funding project detail location for the park improvements; and
WHEREAS, the 2012 Capital Improvement Budget will be amended to reflect the fund transfers from projects within Fund 702 and 746; and
WHEREAS, funding is available for these improvements from unallocated balances within the Voted Recreation and Parks Bond Fund; and
WHEREAS, an emergency exists in the usual daily operation of the Recreation and Parks Department in that it is immediately necessary to set up a certificate in the amount of $232,202.00 for various expenditures related to park i...
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