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HomeMy WebLinkAboutAGENDA REPORT 1996 0918 CC REG ITEM 07HPTO AGENDA REPORT CITY OF MOORPARK c� TO: Honorable City Council FROM: Martin R �j -- . Cole, Management Analyst1% — .. Department of Administrative Services DATE: September 11, 1996 (CC Meeting of September 18, 1996) W SUBJECT: Consider Resolution 96 ?Approving a Budget Amendment for the Poindexter Park Construction Project ($21,407) BACKGROUND At the meeting of July 2, 1996, the City Council was presented with a staff report from Director of Public Works Ken Gilbert requesting the Council's approval for recordation of the Notice of Completion for the construction of landscape improvements at Poindexter Park. At that time, Mr. Gilbert reported a project budget deficit of $2,948.67 and requested an additional appropriation of $5,000 from the Redevelopment Agency to fund the currently identified deficit and any remaining invoices outstanding. The remainder of the initial $1,100,000 in financial appropriations for the Poindexter Park Construction Project from the Park Improvement Fund (Fund 212) lapsed on June 30, 1996 and were not requested as part of the FY 96/97 budget. Therefore, the remaining invoices relating to the construction project (particularly the general contractor) which reflected work done during FY 96/97 could not be paid due to lack of current appropriation authority. Staff is requesting that the Council reappropriate lapsed appropriation. Please note that this rea ro riation does not increase the the project budget (i.e. the total project budget shale remain $1,105,000). DISCUSSION Staff requests a reappropriation of lapsed funding Council. The following table outlines the amount f the oreap rroprlat onbre the uested from the Park Improvement Fund: pp p q