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CITY OF SAINT PAUL
OFFICE OF THE MAYOR
ADMINISTRATIVE ORDER
BUDGET REVISION
No.: NW �b��
Date: � �I�� !
ADMINISTRATIVE ORDER, consiscent kirr. �he aucnori�y qrr. ed =c �ne ^�aycr i❑ section �o.oi.�
of the City Charter and based on the recuest of the D_rectcr of fr.e DeparLment of PUbIiC WOfkS
to amend the 19 94 budaeL of the Engineerinq S�nc, *_he Directo� of the
Department of °inance and Management Services is aut^or.zea �o amend szid budcet ir zne *ollowing
manner:
Cunen[ Amended
Budget Change Budget
205-12102-0275 Services 75,819.00 <8,198.40> 67,620.60
205-12102-0857 Cap�alOutlay 40200.00 8,198.40 48,398.40
To release encumbrance for lease/purchase agreement and subsequently transfer those monies from services
budget in Public Works Engineering Fund activity to capital outlay budget.
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Requested y/Departmen[�
Public Works
Dennis Gritmer 2b6-6095
# OF SIGNATURE PAGES
IATE INITIA7E0
7/13/94 GREEN SHEET� No.16868
_ INITI U TE �N��
❑p DFPARTMENTDIRECTOR � CINCOUNGL _
� o�..., r l CIN ATTORNEY n CITY CLERK
MAVOR(OR
(CUP ALL LOCAiIONS f-0R SIGNATURE) �2
FIN 8y/.1GT. SERVICES
DEPARTMENT
Transfer services budget within Public Works Engineering acvvity to take advan[age of purchase opaon on equipment lease agreement.
RECOMMENDATIONSApprove (p) or RejeU (F)
PERSONAL SERVICE CONTRACTS MUST ANSWER THE FOLLOWING QUESTIONS:
_PLANNINGCAMMISSION_C�VILSERVICECOMMISSION �, Hasthi5
persoNfirm ever worked under a contract for this departmenY?
_ CI8 COMMI7TEE YES NO
A STAFF 2. Has ihis pe5onifirm ever been a ciry employee?
— YES NO
— D�siqiCTCAUNCiL _ 3. Does [his person/firm possess a skill not normally possessed by any current ciry employee?
SUPPOFTSWHICHCOUNCILOBJECTNE? YES NO
Explain all yes answars on sepamte sheet and attach to green sheet
NITIATING PfiO6LEM, ISSUE, OPPORTUNITV (WHO, WHAT, WHEN, WHERE. WHY):
To provide crirical networking equipment to the Depazunent of Public Works, the Computer Services division has entered into a
lease/parchase agreement with Lanworks Inc. which was subsequendy sold to Public Funding Corporation. The interest accmed on the 24
month agreement can be eliminated by transferring this years interest encumberance to the appropriate capital outlay budget and purchasing
the equipment without penalYy by paying the 2emaining contract balance as fumished by the lessor.
ADVANTAGESIFAPPqOVED:
EliminaGOn of interest payments over the next 2 years and abiliry to depreciate invesvnent in a more advanta eous timeline.
1 �ECEEIIED
DISADVANTAGES IF APPROVED:
None
DISADVANTAGES IF NOT APPROVED:
JUE 3 3 �994
BUDGET OFfICE
- Services will continue to make principal and interes[ payments rowud the purchase of this equipmen[. In doing so, future
budgeu will be consttained by this lease obligation. Depreciation on the imesvnent will be delayed until such time as the
;nts for piuchase opuon is met.
COST(REVENUE BUDGETED (CIRCLE ONE)
SOURCE P W Fngin eringFnnd ACTIVITYNUMBER
PINANCIAL INFORMATION: (EXPI.AIN)
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