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04-620,q M EN 1� El> !� /13/0 � Page 1 of 2 Council File # 0 �� `� GreenSheet# 30�439 Presented By,� Referred To Committee: Date: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 WHEREAS, the adopted 2004 budget provided for the capital outlay associated with the purchase of police vehicles; and W��AS, fauorable interest rates make it advantageous for the City to enter into a lease agreement for these vehicles; and WHEREAS, the Council authorized the execution of a Lease-Purchase Master Agreement on CF-04-621; and WHEREAS, the budget must be amended to pay principal and interest on that lease; and WHEREAS, the Mayor, pursuant to Secrion 10.07.1 of the City Charter, does certify that there are funds of $1,008,250 available for appropriation in excess of those estimated in the 2004 Budget; and WHEREAS, the Mayor recommends the following changes to the 2004 Budget: Police Department General Fund Financing Plan 001-04001-6205 Capitall,ease Total Changes to Financing Spending Plan 001-04001-0560 Transfer to Debt Service 001-04001-0821 Cars All Other Activity Spending Total Changes to Spending RESOLUTION CITY OF SAINT PAUL, MINNESOTA ,� Current Budeet � � Current Budeet $ 0 877,500 1,691,259 $2.568.759 Chanees 1,008,250 $1.008.250 Chanees $175,667 832,583 0 $1,008,250 Amended Bud�et 1,008.250 $1.008,250 Amended Budget $ 175,667 1,710,083 1.691.259 $3,577.009 33 Dy- �i � 1 2 3 4 5 6 7 8 9 10 11 Office of Financial Services Revenue Notes and Other Long-Term Debt Police Vehicle L,ease Financing Plan 967-89122-7922 Transfer from General Fund Total Changes to Financing Spending Plan 967-89122-0628 Lease Payment Principal 967-89122-0618 Lease Payment Interest Total Changes to Spending Current Budeet �_ 0 0 $ 0 0 $ 0 Chanees $175,667 $175,667 $162,150 13,517 $175,667 12 TxE�FO�, BE IT RESOLVED, that the City Council approves these changes to the 2004 Budget. Yeas Nays Absen[ Benanav v Bostrom � Harris ,/- Helgen ,/ Lantry , Montgomery �- Thune � 7 , Adopted by Council: Date ��,P o?3, �JDr! Adoption Certified by Council Secretary BY� .��0//cs �/li��Si%:rJ � i Ap� : A:\C Requested by Deparhnent o£ Police Page 2 of 2 Amended Budeet $175,667 $175,667 $162,150 13,517 $175,667 BY: Approved by inancial Services By: Form Approved by City Attorney $y; l w G�cvV+^o-- L- L K d y Mayor for i � Green Sheet Green oy- �� Sheet Green Sheet Green Sheet Green Sheet Green Sheet � DepartmeM/office/council: Date Initiatetl: FS -F�,�,�s�;� ,��� Green Sheet NO: 3018396 Cordact Person 8 Phone- DepartrneM Sent To Person InitiaVDate TODD HURLEY � 0 inancial Services 68837 pujyn 1 inancial Services De artment Director i ✓ Must Be on Councii Agenda b r(Date): Number Z �ta. pttornev E1'ER WARNER 400 d ✓ C� 23 ?� F°` Routing 3 or's �ce Ma or/Assistant 390 C � Order 4 ouncil 310 CH 5 i Clerk Ci Clerk -170 CH Total # of SignaWre Pages _(Clip All Locations for SignaWre) Action Requested: AMENDBUDGET967-89122 TO SETUP SPENDINGFORTHECITIESMASTEREQUIPMENTLEASEPURCHASEAGREEMENT. INITIAL AMOUNT IS TO FINANCE 2 PAYMENTS TN 2004 FOR POLICE VEHICLES. Recommendations: Approve (A) or Reject (R): Personal Service Contracts MustAnswer the Following Questions: Planning Commission t. Has this person/firm ever worked under a contract forthis department? CIB Committee Yes No i Civil Service Commission 2. Has this person/frm ever been a ciry employee? Yes No - 3. Does this personffirm possess�a skill not normally possessed by any current city employee? i I Yes No Explain all yes answers on separate sheet and attach to green sheet Initiating Problem, Issues, Opportunity (Who, What, When, Where, Why): I I AdvantapeslfApproved: I � Disadvantages If A��roved: I I � Disadvantapes If Not Approved: I � Total Amount of Transaction: 175667 CosURevenue Budgeted: Fundinp Source: 001-04001 Activity Number. GQ1!l1C�� R8S°arCh C2�1R2P Financiallnformation: I'I � � ��� (F�cplain) J U � Page 1 of 2 Councii File # 0� b O� � Crreen Sheet # �� ���� Presented By Referred To Committee: Date: 1 W�itEns, adopted 2004 budget provided for the capital outiay associated with the purchase of police 2 vehicles; and 3 4 WxE�as, favorabl 'nterest rates make it advantageous for the City to enter into a lease agreement far these 5 vehicles; and 6 7 WHEREas, the Council auth 'zed the execution of a Lease-Purchase Master Agreement on CF-04-_; and 8 9 WxE�ns, the budget must be am ded to pay principal and interest on that lease; and 10 11 WHEREAS, the Mayor, pursuant to Sec ' n 10.07.1 of the City Charter, does certify that there aze funds of 12 $175,667 available for appropriation in e ess of those estimated in the 2004 Budget; and 13 14 WxExEas, the Mayor recommends the follo x 15 16 Police Department 17 General Fund 18 19 20 Financing Plan 21 001-00000-9830 Use of Fund Balance $ 22 001-04001-6205 Capital Lease 23 Total Changes to Financing 24 25 26 27 28 29 30 31 32 changes to the 2004 Budget: Current Chanees Amended Budeet 5 844 853 Current Budeet Spending Plan 001-04001-0560 Transfer to Debt Service $ 0 All Other Activity Spending 2.568,759 Total Changes to Spending 2 568 759 RESOLUTION CITY OF SAINT PAUL, MINNESOTA $(832,538) 1,008.250 175 667 $1 $175,667 $5,012,270 1,008.250 $6,020.520 Amended Budeet $ 175,667 2,568,759 $2,744,426 33