ITEM TITLE:
#19-15 - Amending the 2019 City Budget by Transferring $570,000 from Unencumbered Capital Projects Contingency to Animal Shelter Kennel, Curbs, and Drains Replacement Project
SUBMITTED BY: Brian Carlson, Finance Director
FISCAL NOTES:
Expenditure Required: $570,000
Unencumbered Balance: $5.9MM
Funding Source: 310-0200-58200, Capital Projects Contingency
RECOMMENDATION:
Approve resolution
SUMMARY STATEMENT:
This resolution proposes funding for the project scope identified in the new business item for the project.
To facilitate contracting and project timelines, staff is presenting this item to council in advance of the broader project prioritization and carry-forward funding discussion
During their April 2nd regular meeting, Council voted against the addition of the accessory structure originally proposed within the scope of this project. Resolution #19-15 was then postponed in anticipation of their April 16th regular meeting when an updated contract for the project would appear on the agenda for discussion and a vote.
With the removal of the accessory structure from the scope of the project, the new cost break down:
• Project: $ 440,000
• 10% Contingency: $ 45,000
• Inspections/Testing $ 15,000
• Temporary Kennel Solution $ 15,000
• Project Total: $ 515,000
Since the resolution was postponed, the main motion for approval is already on the floor. With the updated contract, the amount for this resolution must be formally amended.
Suggested MOTION TO AMEND: Move to amend Resolution #19-15 to strike $570,000 and replace with $515,000 throughout the Resolution.