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08-467COUNCIL FILE #: � GREENSHEET#: 305076Q Presented By: Refeired to. 2 3 4 5 6 7 8 9 10 11 12 ]3 14 IS 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 W tit.litAS, the C;iTy Couucil by its resoluuon project in Como Regional Pazk; and Resolution of Saint Paul. Minnesota Committee Date: WHEREAS, the TEA - 21 fuuding has increased to a total funding amouut of;759,104 and; WHEREAS, the div�sion of Pazks and Recreation would Iilce to amend the 2005 Capital Budget to eeflcect the fu11 amouut of ttie IEA - 21 fu»ding available for the pro�ec[; and NOW TI-IEREFORE BE IT RESOLVED, by the council of the Crty of Samt Paui, upon recommendation of the Mayor and the posihve advice of the Lcmg Range Capital Impcovement Budgett Committee, tk�at an additional $62,704.00 is available for appropriation m the 2005 Capital Improvement Budget, and said 2005 budget, as hererofore adopted and ammended by the Comcil, as hereby further amended as follows� CliRRENT AMEVDED FIYANCINGPLAN: BUDGET CHANGES BUDGET COS - 2005 Capital Projec[s 37070 - Como Trails 3100-FederanGrants 697,000 62,104 759,104 TOTAL � �q �� Federal TEA-21 funding Ihat the Ciry receives had an inflationary mcrease applied to it As a result the CiTy will receive addinonal fimds as indicated in the change aoluwu for the Como Trails project. SPENDING PLAN COS - 2005 Capital Projects 3J070 • Como Trails 0882 - Improvements to Land 697,000 00 62, ] 04.00 759 104 00 TOTAL 7,0 . 2,1 4 75 , 4 Spendmg for improvmenets is being increased as a result of ffie addrtionat $62,104. This along wiih a hansfer from the East Como Lake Train project wdl help Parks complete [he Como Trails project. Total budget fot Improvements to Land faceoring m both additional revenue sources will be $906,306.81 33 THEREFORE BE TC RESOLVED, that the Counoil of the City of Samt Paul approves these ohanges to the 2005 budget. 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 s� Adopted by Counc�l� Date: ° J " Adopuon Certified by Co oil Secret B: , , � Appro�ed yo � ate: �� Q " B: � Requested by Division ofParks and Recrealion B � Approva� ' ed by �nauc�al Sernces Duector: i B �� \ Foan Appmved by City Attomey By: `f� 16 G� �f) . � � Approv y ayo or Submiss' n[o C mc� r By �� Fhe St. Paul Loag-Raage Capital Impz�vasrr�€�f �udgst C'ommiEtee received ihis ;equest oa ��afs3 �// 4 (D �J' � \ . , and recommenas �i� �� � .�� , �. Como TailsFUntlrng_ixls Page 1of2 a� Pu�3�t c. k�EP�2t t�G � � Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet Green Sheet , Departrnentof5Ce/council: PR - rar�sanaRe��eanan Contact Person & Phone: Cahrin Wheeler 266-6423 Must Be on Council Agenda by (Date): 19-MAR-08 Doc. Ty�� f UA � ����RLl.Y �� E-Document Required: N DocnmeM CoMact: CaWin Wheeler OSMAR-08 � Assign Number Por Routing Order 6'1� Contact Phone: 2668423 I I Total # of Signature Pages �(Clip All Location5 for Signature) Green Sheet NO: 3050760 � o arks sna Recre,aon I 1 arks and Recreadon De artment Director � 2 ancial Services �ce Financial Servicesl ' 3 ' Attome 7A 7 4 yor's Office � Mavor/ASSistaot 5 ICODUC7 � Citv Coancil 6 ity Clerk Citv Clerk Resolution seeks approval to recognize increased fimding for the Como Trails project. This inczeased funding is a resuk of an inflarionary increase from the federal TEA-21 funding. Planning Commission CIB Committee Civil Service Commission ��'�M�P� 1. Has this person/firm ever worked under a cont2ct for this department? Yes No 2. Has this person/firm ever been a city employee? Yes No 3. Does this personlfirm possess a skill not normal{y possessed by arry curtent city employee? Yes No Explain all yes answers on separate sheet and attach to green sheet Initiating Problem, Issues, Opportunity (Who, What, When, Where, Why): 697,000 in TEA-21 funding was appropriated for the Como Trails project administered by Parks and Recreation. An inflationary increase in fuading has now been realized and must be added to the existing budget that was authorized by CF-05 Advantages If Approvetl: Pazks will be able to access $62,104 in addifional funding to help wmplete the Como Trails project. Disadvantages If Approved: None Disadvantages If Not Approved: . Available funding for the Como Traiis project will go unused and eventually have to be tumed back to the Grantor (U.S, Csov't.) 7ronsaetion: $62,104.Q0 Fundiny source: Fed TEA-21 Grant Activity Number. CO5-3J070 Financial Information: Inflationary increase in funding from TEA-21 grant (Erzplain) CosVRevenue Butlgeted: March 5, 20081:56 PM Page 1 � � 5� L7�D GS#3050760 and GS#3050772 GS #3050760 requests authorization to increased funding for the Como Trails project, which comes from an inflationary increase in federal transportation funding (TEA-21) identified for this project. GS 3050772 approval to transfer funds from the now completed East Como Lake Trail project to the Como Trails project. There have been budget shortfalls in the Como Trails project. The combination of these two additional financing sources would aid in bringing this project to completion. Without any additional funding the Como Trails project work will need to cease, leaving this project uncompieted. If the additional T'EA-21 funds are not approved and remain unused for this project, they wi11 eventually need to be returned to the Grantor (U.S. Govemment).