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HomeMy WebLinkAbout2003 Resolution No. 045• • • RESOLLTI0:-1 :-; . :l:s: ERIES O F ~00 3 A RE SOLt.;TIO:-; APPRO\.ING THE TRA:-JSFE'l OF FU:-JD FR0~1 Tl IE PUBLI C l~I PRO \'E~IE1'T Ft.;:-;D TO THE CAPITAL PROJITT FL'1 D. \VI IERE .-\S. the City of En glewood rcq mre s , ·iriou !<t n:pair s. n:pl :ic ,.:mi:nt. l:in ds c:1pi 11 g. rt:modl'iing and othrr \'ari ous sen icc!<t 1,:, m::11ntain us dc 11artm c111s ; and WI-IERE.-\S, lhl! app o11i onmcnt of the se cost s arc ac co unt ed fo r in thl! C':1pi1 J I Proj ec ts Fund but the fun din g so urce is the Pu blic Improvement Ft,.1CI; and WHE REAS, th is transfer from the Pub li c Improvem ent Fund to the Cap ita l Projc c1s Fund wi ll prov ide funds for these purposes; and WHEREAS , the Cily of Englewood is rcO", red by City chartt:r to l!nsurc 1hat ccrt:1in transfe rs are nol mad e without prope r au th ori z::uif :, \. 'C ity Counci l. NO W, TH EREFORE, BE IT RESOL \'ED BY TI-E CITY COUNC IL OF T H E CITY OF ENG LEWOOD , CO LO RADO, THAT: Section I . The Cit y Counci l of th e Ci 1y vf l·1c!c \1 ood . Co lorado , hereby approves th <: fo ll owi ng tran sfer : PUBLI C IMl'ROVEME 1ff FUi'iD Source of Funds: Unrcscrvcd/U nd esig nated Fu nd Balance Use of Fund s: Transfer s Out to the Capita l Proj ects Fund CA PITAL PRO JECTS FU ND So urce of Funds : Transfers in fr om th '! Pub lic Im proveme nt Fund Us e of fu nds: Unrcscrvcd/U nde signatcd Fund Balance $923,000 S923,000 S923,000 S923,000 Sc cti un 2. The Ci ty ~tanager and the Dire cto r o f Fin ance ;md Adm ini ~t r:nivc Services :ire her :by aut horized to makl! the :i bovc changes to the budget. ADO PTED 1his 5'h da: 0f ~l ay , 2003 . • • • COUNCIL COMMUN ICATION Dale Age nda Item Subject May 5, 2003 11 C iii Transfer Funds fr om th e Public lmproveme/ll Fun d lo th e Capi tal Projects Fund Initiated By Staff Source Department of Finance and Ad ministra ti ve Servi ces I Frank Gryglewicz, Direc to r COUNCIL GOAL AND PREVIOUS COUNCIL ACTION The Council has no t tak en any previous ac tion on th is to pic, but th e projects for w hich thi s transfer is being made have been previo usl y app roved. RECOMMENDED ACTION Staff recommends City Council approve the attached resolution transferrin g $923,000 from th e Public Improvement Fund (PIF ) t o th e Capital Projects Fund (CPF). Th e sources and us es o f the fund5 are : PUBLIC IMPROVEMENT FUND Source of Funds : Unreserved/Undesignated Fund Balance Use of Funds: Transfers Out l o the Capi tal Projects Fund CAPITAL I ROJECTS FUND Source of f,Y!J.\Ll. Transfl ; in fro m th e Publi c Improvement Fund Us e of Fund s: Unreserved/Undesignated Fund Balance $923,000 $923,000 $92 3,000 $923,000 The C ity o r Eng lewood is required b y C it y Charter to ensure that cert ai n transfers are not made witho 11t proper authorization by City Council. The attached resolution tran sfe rs funds to ens ure that th e City of Eng lewood complies wi th legal res tri c ti o ns governing local budgeting. BACKGROUND, ANALYSIS, AND ALTERNAT IV ES IDENTIFIED The p roj ec ts fo r wh ich thi s transfe r is being made are lis ted o n page 185 of th e 2003 City of En glewood Budge t (a llached). Th e pro je.:ts are accounted for in th e CPF b ut th e fu ndin g source is the Pl~. FINANCIAL IMP ACT This transfer will redu ce th e Pl F's unreserved/undes ignated fun d balance by S923 ,000 an d increa se th e CP F's un rese rved/undesignated fund balance by th e same amou~t. LIST OF ATTAC HMENTS Pr oposed reso lution, page 185 of the 2003 Ci ty :,i Englewood Bud get. r:Mu[ti-')'e a.r Capita[ P[an Ca~ilal Pr ojects Fun d Oesc rl pllon 2003 200 4 2005 20 06 2007 2008 Tot al s Par~s Landscape Reno·,a 1;ons 2: :co 1:CCO 25,0CJ 75,000 • Appllance Replacement eoco 6000 6.0CO 18,000 Roof & Guner Repa irs-Vanous 10,000 12 ,000 12,000 14,000 Gara~e Ooo rs-Fue S!atons 6,000 soc~ 6,000 18,000 Fluo1escen1 Light Bulb Rep lacemen t 15.COO 15,000 30 ,000 Computer Assist Distal ~IS SyslerT 20,COC 45,000 ..!5,000 45,000 155,000 Lease Purchase Op11cal Records Sys t, 10,000 10,000 10,000 30 ,000 Radio CERF 0 50.000 50 ,000 100,000 Electromc Filing Sys !em 10,000 10,000 0 20,000 Replace Ceili ng Llgnung Syslem 15,000 0 15,000 Fire SCBA Replacement Fund 12,500 12,500 12,500 37 ,500 Park Signage Replacement 0 50,000 0 50,000 Court Filing System replacement 15,000 15,000 Additional Work Spaces 10,000 10,000 Pa lnl Ductwo1k-Rec Ctr 30 ,000 30,000 Acoma St ation Fence 0 18,500 18,500 Acoma S!alion Painting 30,000 30 ,000 f"t!!lwOrk ,.. -•1elop men1 :!60 ,000 330,000 350 ,000 367 ,500 385,875 405 '.69 2,198 ,544 T elecom municat io m. t~te :s 58,fr lO 60,000 63 ,000 66,150 69,458 72 ,930 389,538 Financial & Human Ae~urces Systerr moJO 198,975 208,924 219,370 230,338 241 ,855 1,296 ,462 Llb1arySystcm 22,000 34 ,125 35 ,831 37,623 39,504 41 ,479 210,562 • CourtS}'Slem '2,000 48 ,300 50 ,71 5 53 ,25 1 55,913 58 ,70 9 308,888 Permit Trackin~ :, 1a1em .,.soc 44 ,625 46 ,856 49,1 99 51,659 54 ,242 289,08 1 Web Page Develoi;~~, s 1;1:·'.J ·•,:';nf 0 67 ,200 70 ,560 74,0BS 77,792 Rl,682 371,322 Oepanmental Pf: Fiepla ce~c:11. 40,000 160,000 160,000 160,000 160,000 160,000 840,000 HVAC Rep!acenem-Acoma siauon 21,000 0 0 0 21 ,000 Shower rr fTIOde! • Tejan stati on 0 36,000 36,000 Restroo m partit ion rep lacement-Safet 0 24 ,000 24,000 Upg,ace HV AC Conl rols-ERC 37000 37 ,000 Kitchen Re model-Teien 0 15,000 15,000 Ci vic Genie, !nt enor Paint t, Carpet RE 30,000 15,000 0 12,000 B.000 65,000 C1v1c :: inter Carpe t Fiep:ac ement 40,000 0 40,000 80,000 Color Copi11'"-f .,.,ner-;:..un1:n '1 ,050 0 4,050 Cer,1enrnal la r.dsr.,p,;g 50,000 50 ,000 100,000 Re:. .. rd s Mgmt/Imag ing System fleed~ 2:,000 25 ,000 25 ,000 25,000 150,000 250,000 ~ltall ey App liance Rec a:er=~1 0 14,CO0 0 14,000 E?.C K1tcnen Aemcoel ·2,00J 12,000 ERC Conl, Adm:n ( .et Sc Jare s 10,000 10,000 1ni11 al leasepay1r {umancSoCl!:I' 6.000 0 6,000 snooo ·.:e2 .i75 '10C,5E6 1,126:s, 1,10;,5~9 1,31 4,06 6 • Page 165