HomeMy WebLinkAboutItem 04 Stormwater Capital Improvement Funds Reallocation 40/r
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AGENDA ITEM COVER SHEET
Meeting Date: May 4, 2021
Item # 0i4
Reviewed By:
Contact Name: Stephen C. Krug Department Director:
Contact Number: 6002 City Manager:
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' Subject: Stormwater Capital Improvement Funds Reallocation.
Background Summary:
The Commission awarded the construction of W. Oakland Ave. and N. Cumberland Reconstruction
Phase 1 and Lakewood Ave. and E. Oakland Ave. Reconstruction (ITB #20-011) in October of 2020.
The stormwater portion of the project is funded from the Stormwater Division Capital Funds job #18501.
Due to expenses accrued within the Stormwater fund, Public Works is requesting Commission approval
to reallocate $225,000.00 within the Stormwater Capital Fund from General Stormwater System
Improvements (Job #P000074) to the reconstruction project to adequately cover the costs of
construction on ITB #20-011, Job #18501. Public Works recommends approval of the reallocation.
Issue:
Request the City Commission approve reallocation of funds within the Stormwater Division's Capital
Improvements Fund.
Recommendations:
Recommend to approve reallocate $225,000.00 within the Stormwater Capital Fund from General
Stormwater System Improvements (Job #P000074) to the W. Oakland Ave. and N. Cumberland
Reconstruction Phase 1 and Lakewood Ave. and E. Oakland Ave. Reconstruction (ITB #20-011), Job
#18501.
Attachments:
None.
Financial Impact:
The funds will be reallocated within GL 312-538-20-6302 from Job #P000074 to Job #18501.
Type of Item: (please mark with an `x')
Public Hearing For Cleric's Dept Use:
Ordinance First Reading Consent Agenda
Ordinance Second Reading Public Hearing
Resolution Regular Agenda
X Commission Approval
Discussion&Direction
Original Document/Contract Attached for Execution by City Clerk
Original Document/Contract Held by Department for Execution
Reviewed by City Attorney N/A
Reviewed by Finance Dept. z_Q _ 11 N/A
Reviewed N/A
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