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04-705Council File # ��� Green Sheet # 10633�C RESOLUTION 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1$ 16 l� 18 19 2� 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 4$ 49 Presented Referred To OF SAINT PAUL, MfNNESOTA �9 Couunittee Date WxExEns, The Mayor pursuant to Section 10.07.1 of the Charter of the City of Saint Paul, does certify that there are available for appropriation $818,973 in funds in e�cess of those estimated in the 2004 budget; and WHEREAS Council File 277510, dated October 1,1981, did establish certain Special Fund Policies; and WxaREes, Council Pile 281141, dated November 10, 1953, did establish that Sewer Availability Charge (SAC) revenue in excess of expenses should be used for sewer constmction projects; and WaExeas , SAC revenues in excess of SAC expenses in the amount of $818,973 were received in 2003; and WxEREns , Additional spending authoxity is required to transfer this amount to the Capital Projects Funds where constmction payments will be pxopeily disbursed; and WHExEAS, This net 2003 SAC revenue over expense was closed to Sewez Utility retained eamings on December 31, 2003; and WxEAEAS , The Department of Public Works has Sewer AvailabIlity Charge funds to finance sewer construction projects in the Capital Improvement Program Budget; and WtiHxeAS , Contxacts have been awazded to do this constmction work in various areas of the City; and WxEREAS , This resolution is intended to transfer the SAC funding to the 2004 Sewer Construction projects in the CIP budget; and WHExEAS , The Mayor recommends that the following addifions be made to the 2004 budget; and Sewer Utility Enterprise Fund Financin�n 260 Sewer Urility Enterprise Fund 9925 Use of Retained Earnings All other Financing the Same Total Financing Plan Current Budget Change $ 5,511,145 $818,973 $43,617,555 � $49,128,700 $818,973 Amended Budget $ 6,330,118 617 555 $49,947,673 SnendinQ Plan Current Budget Change Amended Budget 260 Sewer Util3ty Enterprise Fund 22217-0565 Transfer to Capital Projects Fund $ 1,742,124 $518,973 $ 2,561,097 All other Spending the Same $47,386.576 � 0 7 86 76 Total Spending Plan $49,128,700 $818,973 $49,947,673 Now, therefore, be it RESOCVED , T1tat the City Council adopts the above additions to the 2004 budget. Page 1 of 2 50� 51� $2 53f 54 55 56 5� 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 Now, therefore, be it Further RESOLVEn , by the City Council of the City of Saint Paul, upon recommendation of the Mayor and advice of the Long Range Capital Improvement Budget Committee, that $818,973 is available for appropriation in the 2004 Capital Improvement Budget, as heretofore adopted and amended by this Council, be hereby further aznended in the Improvement Budgets, in the following particulars: ��- � 7 C dDl tal Imvrovement Budeets Financin¢ Plan Concord Storm Sewer C042T638 Sewer Service Fund SAC Total Financing Plan Spendin¢ Plan Concord Storm Sewer C042T638 Construction & Plans Total Spending Plan Current Budget Change $1,742,000.00 $0.00 �0 $S18 973.00 $1,742,000.00 $818,973.00 Amended Budget $1,742,000.00 $818,973.00 $2560,973.00 CurrentBudget Change Amended Budget $1,742,000.00 $818,973.00 $2,560,973.00 $1,742,000.00 $518,973.00 $2,560,973.00 Yeas Nays Absent Benanav �/' Bostrom � Harris �- Helgen � Lantry � Montgomery ,� Thune � S � � Adopted by Counci] Date ���°2 �� o Z 0 G`i- Adoption Certified by Council Seeretary By: _L Approved by By: —_� Requested by Departrnent of: Publ c W 1 By: Approval Recommended by Office of Financial Services Director: � By: Form Approved by City Attorney '��t�3 `l�'" a¢ -- .t aac >�,.�•c.c:sr�sn� � �'EPAFTMENDOFFlCE/GbUNCIL I DATEINRIATED GREEN ��IE�T NO 106334 � Public Works � smoa � INRWVDPTE & PHONE 266-6149, Paul Kurtz 266-6142 AG@!DA SY (DA7� � DEPARiMINf DIREGTO� ASSIGN NUMBER f-0R � �� p ROUTING �RNANCULLSERVICESDIR ORDER � MAVOR (OR ASSISTpfJn �SENIORMGfi ��� " , � � � CRV COUNGL �1 -�,� 4. ❑ CRYCLERK � FIN. SERVICFS�ACCT. � AC7IVITY MGR � TOTAL # OF SIGNATURE PAGES ' (CI.4P ALL LOCA'TIOtJS FOR SIGNATURE) v ACTION REQUE5iED Approve Resolution transferring excess Sac Availability Charge (SAC) revenues from unreserved retained earnings to Capitai Projects Funds (C04) for sewer construction. RECOMMENDATIONS: Approve (A) or Rejeci (R) PIANNING COMMISSION CIB COMMITTEE CIVIL SERVICE COMMISSION Sewer Utility Staff PERSONAL SERVICE CONTRACTS MUST ANSWER THE FOLLOWING QUESTIONS: 1. Has this personlfirm ever worked under a contract for this department? YES NO 2. Has this personttirm ever been a city employee? YES NO 3. Does this persoNSirm possess a skill not normafly possessed by any current city employee? YES NO Explain ail yes answers on separate sheet and attacb to green sheet INRIATINGPR�BIEM,lSSUE,OPPOHCUNILY(WHO, WHAT, WHEN, WHERE, WHY): ' Since the 2004 Budget was adopted, additional spending needs have arisen_ This proposed amendment is in accordance with Council Eile 281141, adopted November 10, 1983, which states that SAC revenues in excess of SAC expenses should be used for sewerconstruction projects. SAC revenues exceeded SAC related spending by $818,973.00 during 2003. Additional funding is required for the Concord Storm Sewer. ADVANTAGES IF APPROVED: Excess Sewer Availability Charge (SAC) receipts wi{I be able to be used for sewer construction in accordance with City Council direction. The transfer of remaining SAC cash can be accomplished within the 2004 City Council adopted budget. �����`��� DISADVANTAGES IF APPpOVED: "� � o ° ° � None. R��naYr r��^s�� J'tJL J;, 20t14 :illl �, 3 2�D4 �I�� �������� OISADVAPRAGES IF NOT APPROVED: The completion of the identified project will be delayed. FlNANCIAL INFORMATION: (IXPLAIN) TOTAL AMOUNT OFTRANSACTION $$� 8 ,9�3.00 COST/REVENUE BUDGETED (CIRCLE ONE) YES rvo 260-22209-9910 Sewer Availability Charge (SAC) ACINITY NUMBER 260-22217, C04-2T638 FUNDING SOURCE