Fiscal Note
The proposed resolution amends the 2023 Parks Capital Budget by authorizing a net-neutral transfer of $680,565 in existing GO borrowing authority between major projects and an additional $60,000 in Park Impact Fee support for the Door Creek Park Shelter Project (Munis #14334). The Door Creek Park Shelter Project does not have sufficient funding to cover the award for Public Works Contract No. 9326. The available budget authority in Munis #14334 is $3,200,000 and the contract total is $3,780,498 (including contingency). The project also requires a new fiber connection to the building, estimated at $155,000, for a project total of $3,935,497. The combined existing project authority, proposed GO transfers and impact fee support total $3,940,565. No additional appropriation is required.
The GO borrowing transfers are from multiple projects with unused appropriation authority, including:
Amount Project Name Munis
$ 159,000 Reindahl Restroom 10564
$ 25,000 Olbrich Cistern 10564
$ 33,787 Tenney Acoustics 17443
$ 31,703 Hoyt/Peace Park 17421
$ 46,613 2021 Shoreline Improvements 10605
$ 18,870 Odana School Drainage 17433
$ 80,316 Summit Repaving 17443
$ 45,120 Hillcreek Park Improvements 17233
$ 100,001 Yahara Storage 17443
$ 40,155 Northeast Park 17234
$ 100,000 PV installation 10562
Title
Amending the 2023 Adopted Parks Division Capital Budget to transfer $680,565 of existing budget authority and $60,000 of additional Park Impact Fee support to the Door Creek Park Shelter Project. (District 16)
Body
WHEREAS, the adopted park master plan identifies a new multi-season, reservable shelter building in Door Creek Park; and,
WHEREAS, the 2020 Capital Budget included funding for architectural, engineering, bidding, and construction administration consultant services; and,
WHEREAS, Aro ...
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