City of Brookings - File #: ORD 20-003

• File #: ORD 20-003
• Version: 2
• Type: Ordinance
• Status: Passed
• File created: 1/22/2020
• In control: City Council
• On agenda: 2/11/2020
• Final action: 2/11/2020
• Title: Second Reading and Action on Ordinance 20-003, an Ordinance Authorizing Supplemental Appropriation No. 2 to the 2020 Budget.

Date	Ver.	Action By	Action	Result
2/11/2020	2	City Council	approved	Pass
1/28/2020	1	City Council	read into the record

Title

Second Reading and Action on Ordinance 20-003, an Ordinance Authorizing Supplemental Appropriation No. 2 to the 2020 Budget.

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Summary:

The City of Brookings has been awarded a federal “Better Utilizing Investments to Leverage Development (BUILD)” Grant to construct 20^th Street South between 22^nd Avenue South and 34^th Avenue South along with a new interchange at Interstate 29 and 20^th Street South.

This ordinance will amend the 2020 Budget for the following changes: 

1)                       Create the project account for the 20^th Street South BUILD Project.

2)                       To amend revenue line items for the 20^th Street South BUILD Project.

3)                       To amend expenditure line items for the 20^th Street South BUILD Project.

The budget for the project as outlined in the grant application is the following: 

BUILD Grant:                                          $18,677,630

City Share:                                                               $  2,000,000

County Share:                                          $  2,000,000

Private Donor Share:                     $     669,407

Total project cost:                                          $23,347,037

                                          (design and construction)

The City will be responsible for the 20% match for the project, which will be split between the City/County and Private Donors.  This budget is being created for the City, County and Private Donor share of the project. 

The proposed budget amendment includes the figures from the project budget outlined in the Grant Application.  The engineering design for the project includes Engineer’s Cost Estimates at 30%, 60% and 95% intervals to aid in budgeting.  There will be future budget amendments to update the project amounts as the costs are refined. 

Recommendation

Recommendation:

Staff recommends approval.  

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Attachments:

Memo

Ordinance

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