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HomeMy WebLinkAboutAGENDA REPORT 2010 1020 CC REG ITEM 10IITEM 10.1. "' • � '7F t1UUk��.a�z� �. City Council Meetir- ACTION: - MOORPARK CITY COUNCIL AGENDA REPORT TO: The Honorable City Council FROM: Allen Walter, Parks & Landscape Superintendent A DATE: October 1, 2010 (CC Meeting of October 20, 2010) SUBJECT: Consider Resolution Amending the Fiscal Year 2010/11 Budget to Allocate Additional Funds for Construction of the Glenwood Restroom DISCUSSION With the adoption of the FY 2010/11 Budget, the Council approved construction of Glenwood Park Restroom facility allocating $353,413 for that capital improvement. The projects consist of Architect and Project Coordination Services, Permits, Inspection, Fees (Water, Sewer, Soils) Construction and Site Work. The project included a 10% Contingency. Staff solicited bids for project a project architect, coordinator, construction and site work contractor. Obtained required permits, fees and inspection cost along with incorporating a 10% contingency. The estimated cost to construct Glenwood Park restroom facility is $331,310. Due to the higher cost of the project than originally estimated and other Capital Improvement commitments within Park Improvement Zone III, this project will require a loan of $93,000 to complete the project. The Community Wide Park Zone has available funds to loan Park Improvement Zone III for the project. The attached Resolution amends the budget by loaning $93,000 from the Community Wide Park Zone Fund to Park Improvement Zone III and appropriating the funds for this project. 75 Honorable City Council October 20, 2010 Page 2 The Estimated Restroom Construction Cost Description Cost Estimates Construction and Site Work $238,910 Architect and Project Coordination Services $ 41,200 Permits and Fees (Water, Sewer, CIC) $ 22,200 Project 10% Contingency $ 29,000 Total: $331,310 FISCAL IMPACT By amending the budget there will be a $93,000 fiscal impact to the Community Wide Park Zone Fund. No developer fee revenue is anticipated for Zone III for three years. STAFF RECOMMENDED (Roll Call Vote) Adopt the attached Resolution amending the FY 2009/10 budget to appropriate $93,000 from the Community Wide Park Zone to the Park Improvement Zone III as a loan for this project. Adopt Resolution No. 2010 -_ Attachment: Resolution 76 Honorable City Council October 20, 2010 Page 3 RESOLUTION NO. 2010- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2010/11 BUDGET TO ALLOCATE $93,000 FROM THE COMMUNITY WIDE PARK FUND BALANCE (2100) AS A LOAN TO THE PARK IMPROVEMENT ZONE III FUND (2113) WHEREAS, on July 2, 2010, the City Council adopted the budget for Fiscal Year 2010/11; WHEREAS, a staff report has been presented to said Council requesting a budget amendment allocating $93,000 from the Community Wide Park Zone (2100) Fund Balance for construction of Glenwood Park restroom facility. WHEREAS, Exhibit "A" hereof describes said budget amendment and its resultant impacts to the budget line item(s). NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment allocating $93,000 from the Community Wide Park Zone (2100) Fund Balance as a loan to Park Improvement Zone III for construction of Glenwood Park restroom facility, more particularly described in Exhibit "A" attached hereto is hereby approved. SECTION 2. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original resolutions. PASSED AND ADOPTED this 20 day of October, 2010. Janice S. Parvin, Mayor ATTEST: Deborah S. Traffenstedt, City Clerk Attachment: Exhibit A — Budget Amendment 77 Honorable City Council October 20, 2010 Page 4 EXHIBIT A BUDGET AMENDMENT FOR CONSTRUCTION OF GLENWOOD PARK RESTROOM FACILITY FY2010/11 FUND ALLOCATION FROM: Fund Title Fund Account Number Amount Community Wide Park Zone 2100 $93,000 $ 93,000 $ 331,631 Total $93,000 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: BUDGET NUMBER BUDGETED REVISION NEW BUDGET 2113.7800.7813.9620 $ 238,631 $ 93,000 $ 331,631 Total $ 238,631 $ 93,000 $ 331,631 Finance approval: W.