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HomeMy WebLinkAboutEmergency Item Center of Good G/ AGENDA ITEM COVER SHEET Meeting Date: February 15, 2011 Item # Emergency Reviewed By: �0� �� a`� Contact Name: Al Butler, CIP Manager Department Director: . ,- Contact Number: 407 - 905 -3100, ext. 1543 City Manager: Subject: Approval of a budget transfer in the amount of $5,000 from the Vignetti Park Improvement Project to the Citywide Tennis and Basketball Court Reconstruction Project (District 1 Hood, District 2 — Wilsen, District 3 — Johnson, District 4 — Keller) Background Summary: The City's contractor, Trimble & Son Construction Group, Inc., recently completed work to rebuild tennis court facilities at several city parks. During processing of the final payment to the contractor, it was discovered that a $4,995.00 capital maintenance item related to fence replacement at the southern entrance to the Tiger Minor Park was inadvertently charged to the Citywide Tennis and Basketball Court Reconstruction Project at the end of Fiscal Year 2010. Because this occurred in a prior fiscal year, the old charge to the project funds cannot be revised. The result is that an equal amount of funding needs to be added to the Citywide Tennis and Basketball Court Reconstruction Project in order to repay the funds used from the prior fiscal year. The only source of this funding is the single park improvement project in the current fiscal year, which has $40,000 allocated for improvements at Vignetti Park. Issue: The Engineering and Parks & Recreation departments have proposed a budget transfer to the Citywide Tennis and Basketball Court Reconstruction Project from the Vignetti Park Improvement Project. Recommendations The Engineering and Parks & Recreation departments recommend that the City Commission allocate an additional $5,000.00 for Job No. 30504, Citywide Tennis & Basketball Court Reconstruction, from funds presently allocated to the Vignetti Park Improvements Project. It is further recommended that the Parks & Recreation Department be permitted to sweep its various other capital improvement projects to reallocate any funds remaining in those projects that have been substantially completed in order to reallocate any remaining project budget to the Vignetti Park Improvement Project. Attachments: None Financial Impact: The $5,000 in funds for this action would be allocated from the $40,000 budget for improvements at Vignetti Park. Any funds returned to the Vignetti Park project would be unused funds in other capital projects, the total amount of which is presently unknown. 1 Type of Item: (please mark with an `z') Public Hearing For Clerk'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 N/A Reviewed by Finance Dept. ,��L 7 N/A Reviewed by (Parks & Rec.) : � 4 N/A 2