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07-290Council File # U� Z�� Green Sheet # 3036129 RESOLUTION CITY SAINT PAUL, MINNESOTA �� Presented by 1 2 3 4 $ 6 7 $ 9 10 11 12 13 14 15 16 17 18 19 2� 21 22 23 24 25 26 2� 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 WHEREAS, in a continued effort by the Department of Public Works to close out prior year projects, this resoludon is intended to close out the 2004 Residenaal Street Vitality Program, WHEREAS, there are adjustments aeeded to match the budget to the acmal amount of monies received from the Water Utility, Assessmeau and the Special Assessment Bonds, and WIIEREAS, there aze sutplus Capitai Improvement Bond funds available to be trausfeired to [he 2005 Residenfial Street Vitality Progrem to fund contract ovemms, so THEREFORE BE IT RESOLVED, by the Council of the City of Saint Paul, upon recommendafion of the Mayor and advice of Ihe Long Range Capital Improvement Budget Comatittee, [hat $570,496.51 is available for appropriation in the 2004-2005 Capital Improvement Budgets as he�etofore adopted and amended by this Council, he hereby turthec amended in the Imp�ovement Budgets, in the following pazticulars: Cuaent Budge[ FINANCING PLAN 2004 Residential Street Vitality C04-2TSSS MSA Sewer Fund Water Uulity Assessments cis Assessment Bonds 924,265.30 292,41736 704,675.93 2�,UUU.00 s,z�z,000.00 2,634.67A.00 12,847,982.59 Change 0.00 0.00 19,655.55 62,495A0 (476,247.85) 488345.96 94,248.66 Amended Budge[ 924,265.30 292,41736 724,331.48 82,495.�0 7,795,752.15 3.122,969.96 12,942,23125 SPENDTNG PLAN 2004 Residential Street Vitality C04-2TSSS Construction 12,847.982.59 12,847,982.59 49 .245.66 94,2AS.66 12.94223125 12,942,231.25 FiNANCING PLAN 2(1�5 Residential Street V itality COS-2T559 Assessment Bond Sireet Impv. Bonds MSA Falcoa Heights CRWS Distric[ SPRWS West Saint Paul Sewer Service Fund CIB 2004 cis zoos 2,065,000.00 4,341,032.46 1,276,OOO.W 463,28595 352,147.23 798,709.59 98,000.00 3,032,844.68 0.00 7.525.000.00 14,952,O7A21 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 476,247.85 0_00 476,?A7.85 2,065,000.00 4,341,032.46 1,276,000.00 463,285.95 352,14723 798,709.89 98,000.00 3,032,844.68 476,247.85 7.525.000.00 ?A,428,7b8.�6 o`�-Z�o 5� 58 59 60 61 62 63 SPENDING PLAN 2005 Residential Street Vitality COS-2T559 Construction 19.952.02027 476247.85 19,952,02021 476,247.85 20.428.268.06 20,428,268.06 � ne 5t. Pattl YAffi3"� ��� ���� tta� Y�"`� tkis ze�� c'� �ivage't a .'� �?- 0'1 and r mcomme�d: ud�9) � ' �� _ ��=_e .. ���, ^ , � R�^ti' Yeas Nays Absent Benanav � Bostrom �/ Harris y Helgen � Lantry ,/ Montgomery �/ Thune � s � a Adopted by Council: Date ��j,nlli �� o�dD 7 Adoption Certified by Council Secretary BY� / <_i�.'LL!S�iJ ApprovedbyMay : Date Q�Q�.P �, �p�� BY� / (Wn t�.�e � i� B y : _� Form t�p�pro By: C, i Form Ap rov �� or for b ission to Council /� � By: (�Ci .ent of Public Works 1/I 1/07 � c�� `ZRO � Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet � PW — Public Wo+ks CoMact Person & Phone= Paul Kur� 266-6203 Must Be on Council Aaen Doc. Type: RESOLUTION W/$ TRANSAC E•Document Required: Y Document Contact: Joyce Bluel Comact Phone: 266-60.59 „-��-0� I Green Sheet NO: 3036129 � Assign Number For Routing Order Total # of Signature Pages _(Clip All Lceations Tor Signature) 0 1 � bticWorks De entDirector ���� 2 �ioanaal Services ce Finandal Services Q— 4 3 ,City Ariornev T ✓" �7 � 4 ods O�ce Ma odAssislaut 5 �Comcil Ciry Coanc� 6 ,Ciry Clerk Citv Clerk Approval of attached resolution amending and/or closing the spending and financing plans of the 2004 and 2005 Residential Street Vitality programs. iaanons: Npprove �H) or n Planning Commission CIB Committee Civil Service Commission 1. Has Ihis persoNTirm ever worked under a conVact for this department? Yes No 2. Has this persoNfirm ever been a city employee? Yes No 3. Does this persoMfirm possess a skill not normally possessed by any current city employee? Yes No E�cplain all yes answers on separate sheet and attach to green sheet Initiating Problem, lssues, Opportunity (Who, What, When, Where, Why): In an effort to close out completed prior year Capital Project accounts, Uris resolution is intended to close out the 2004 RSVP projects. Adjustmen[s to match budget with actual revenues for Water Utility, Asmts and Special Asmt Bond funds need to be made. The surplus CiB funds will be Ixansfened to the 2005 RSVP projects to wver any potential contract overruns. Advantages If Approved: 2004 Residen[ia1 Stree[ Vitality Program projec[s will be closed out. Adequate budget will be available to cover any potential contract overruns in 2005. DisadvanWges If Approved: None. MAR 2 0 2007 Disativantages If Not Approved: ���� �� �" � �� ���� The 2004 Residential Street ViTality Program projects remain open and the CIB surplus will not be available to cover potential contract overrnns. iransaction: $570,496.51 Funding Source: y�/at8f Utility, Asmt, Financial Intormation: Spec Asmt Bnds (Explain) CostlRevenue Budgetetl: y � activity Number: C04-2T558 and CO5-2T5 9 °t � t � �8��5 1 - �'J �U�7 . � E`x�� ��; e°„,'°;;� �,; 6 � :3',- -�ri..�*�,`,: 7l 07 January 16, 2007 6:45 AM Page 1