Explanation
Background:
This ordinance will authorize the Director of Recreation and Parks to enter into contract with Franklin Park Conservatory for the administration of the implementation of the Franklin Park Master plan in the amount of $890,000.00.
It has been determined that it will be beneficial to have the Franklin Park Conservatory perform the administration of this project to help allow the least disruption to the daily operation of the Conservatory business. The funds will be used to reimburse the Conservatory for expenditures to support the implementation of the Master Plan for the Conservatory and Franklin Park and capital improvement projects for the Conservatory.
Principal Parties:
Franklin Park Conservatory
#31-1364884
Emergency Justification:
Emergency action is necessary to allow Franklin Park Conservatory to begin work as soon as possible as plans for the park are moving forward.
Fiscal Impact:
The expenditure of $830,000.00 is budgeted in the Recreation and Parks Voted Recreation and Parks Bond Fund.
The expenditure of $60,000 is budgeted in thee the General Permanent Improvement Fund.
Title
To authorize and direct the Director of Recreation and Parks to enter into contract with Franklin Park Conservatory for the implementation of the Franklin Park Master Plan in the amount of $890,000.00; to authorize the expenditure of $830,000.00 from the Recreation and Parks Voted Bond Fund; to authorize the appropriation and transfer of $60,000.00 within the General Permanent Improvement Fund; to authorize the expenditure of $60,000.00 from the General Permanent Improvement Fund; and to declare an emergency. ($890,000.00)
Body
WHEREAS, it is necessary to enter into a contract with the Franklin Park Conservatory for the administration of the Franklin Park Project; and
WHEREAS, it is necessary to authorize the appropriation and transfer of funds between projects within the General Permanent Improvement Fund to provide sufficient fun...
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