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HomeMy WebLinkAbout1983 Resolution No. 024I I RESOLUTION NO • .sl:1. SERIES OF 1983 A RESOLUTION AMENDING fflE SEWER FUND AND Bl-CITY JOINT VENTURE FUND. WHEREAS, the City Council of the City of Englewood, Colorado, authorized the aubaittal of bid• for four (4) 1urplu1 centrifuge ■ fro ■ the City of New York, and WHEREAS, the Bi-City Joint Venture wa ■ ■ucce ■■ful in obtaininij ■aid centrifuge ■, &nd WHEREA~, the City Council of the City of Englewood, Colorado, wishes to provide funding for the acq uisition of said cei:trifugee fro■ the Englewood Sewu Fund for the City of Englewood share, and WHEREAS, the City Council Qf the City of Englewood, Colorado, wiahee to provirle for the acquiaition within the Bi-City Joint Venture Fund; NOW, TIIEREFORE, BE IT RESOLVED by the City Council of the City of Englewood, Colorado, as follows: Se ct ion I. The following appropriations are he eby ude in the Sewer Fund. Source of Funds Sewer Fund Equity (System Development Pees) $507,000 Application of Fund ■ Bi-City Joint Venture Capital Contribution 007 ,onn Section 2. The following appropriatio!ls are hereby made in the Bi-City Joint Venture Fund. Source of Punda City of Englewood Cl.ty of Litt let on Total Application of Funde Ca pital Outlay -Centrifuges $507,000 507,000 $1,014,000 $1,014,000 ADOPTED Allll APPIOVZD thb ifl2__ ~ay of ~ 1 1983, b4r-,w-zf~ Eugene ii. Otis , Mayor ATTEST: 1 1 Gary 1, Higbee, Ill officio City Clerk-Treaourer of the City of Engl....ood, Colorado, do hereby certify that the above and ", / fore1oin1 i ■ a true, accurato and complete copy of laoolution No. '2L1:.., Serie• of 1983. I C O U N C I L C O M M U N I C A T I O N DATE May 11, 1983 1 AGgr ITEM 1 SUBJECT INITIATED BY ---""'W""as""t"'e"'wa""t"'e'--r-'Tc..r.c..ea""t"'me""n""t..;Oc.:e"'p"'ar'-'t::::meaaana.:t'------------ ACTION PROPOSED ______________________ _ BACKGROUND At the May J, 1983 Council meeting, City Council authorized the s ubmittal of bids for surplus centrifuges from the City , of New York. Bid s were submitted on May 10, 1983, and the City was suc cessful in obtaining fo ur (4) centrifuges at a cost of $644,000 . Total costs associated with delivery of the P.quipment to the Wastewater Treatment Plant are: Bid Price . . . ..•.... Refurbi sh 1 ng & Transportat1 on . TOTAL . $644,000. • $370,000. $1,014,000 . The City of Englewood needs to appro~riate 50% of the amount or $507,000 into the 1983 budget . RE COMMENOAT ION It is reconmended that the Council approve the attached appropriation resolution.