Loading...
HomeMy WebLinkAboutRES CC 2018 3701 2018 0516 RESOLUTION NO. 2018-3701 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2017/18 BUDGET BY INCREASING GENERAL FUND (1000) EXPENDITURES BY $305,273 FOR THE COMMUNTIY CENTER GLUE LAMINATED BEAM REPLACEMENT AND REINFORCEMENT PROJECT (PROJECT NO. M0043) AND INCREASING GENERAL FUND (1000) REVENUES BY $93,200 TO REFLECT INSURANCE REIMBURSEMENT WHEREAS, on June 21, 2017 the City Council adopted the Operating and Capital Improvement Projects budget for Fiscal Year(FY) 2017/18; and WHEREAS, a structural beam failed in the Community Center requiring complete replacement, and another beam has been identified that needs reinforcement. The California Joint Powers Insurance Authority (JPIA), the City's insurance provider, hired a structural engineering firm to provide plans and specifications for the replacement beam. The City hired a structural engineering firm to provide plans and specifications for the reinforcement of the remaining beam.The design services cost is $12,920; and WHEREAS, a staff report has been presented to the City Council recommending award of bid for the Community Center Glue Laminated Beam Replacement and Reinforcement Project (M0043) to Dekan Construction Corporation for the total contract amount of$292,353; and WHEREAS, the same staff report is recommending a budget amendment to increase General Fund (1000) expenditures by $305,273 to finance the project; and a budget adjustment to increase General Fund (1000) revenues by $93,200 to reflect the JPIA claim reimbursement of$98,200 less $5,000 deductible to replace the failed beam; and WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said budget amendment and the resultant impact to the budget line items. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget expenditure increase in the amount of $305,273 from General Fund (1000) as more particularly described in Exhibit "A", attached hereto, is hereby approved. SECTION 2. A budget revenue increase in the amount of $93,200 in the General Fund (1000) as more particularly described in Exhibit "A", attached hereto, is hereby approved. Resolution No. 2018-3701 Page 2 SECTION 3. 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 16th day of May, 2018. 477(24-- /V-14/"--) Ja ice S. Parvin, Mayor ATTEST: Maureen Benson, City Clerk 0°.110101, Exhibit A— Budget Amendment 101W Resolution No. 2018-3701 Page 3 BUDGET AMENDMENT FOR GENERAL FUND (1000) COMMUNITY CENTER BEAM REPLACEMENT AND REINFORCEMENT PROJECT (M0043) FISCAL YEAR 2017/18 FUND BALANCE ALLOCATION: Fund Title Account Number Amount General Fund 1000-000-00000-33990 $ 212,073.00 Total $ 212,073.00 REVENUE BUDGET ALLOCATION: Account Number Current Budget Revision Amended Budget 1000-000-00000-44100 $ 20,000.00 $ 93,200.00 $ 113,200.00 Total $ 20,000.00 $ 93,200.00 $ 113,200.00 EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 1000-171-M0043-51000 $ - $ 12,920.00 $ 12,920.00 1000-171-M0043-53000 $ - $ 292,353.00 $ 292,353.00 $ - $ - $ Total $ - $ 305,273.00 $ 305,273.00 Resolution No. 2018-3701 Page 4 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Maureen Benson, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2018-3701 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 16th day of May, 2018, and that the same was adopted by the following vote: AYES: Councilmembers Mikos, Pollock, Simons, Van Dam, and Mayor Parvin NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 21st day of May, 2018. Maureen Benson, City Clerk (seal) 4'AK CRt�a .�`o 461114107 rut 411. lab; lliptail 4,r