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File #: ORD 21-029    Version: Name:
Type: Ordinance Status: Passed
File created: 8/16/2021 In control: City Council
On agenda: 9/14/2021 Final action: 9/14/2021
Title: Second Reading and Action on Ordinance 21-029, an Ordinance Authorizing Supplemental Appropriation No. 4 to the 2021 Budget.
Attachments: 1. Memo, 2. Ordinance, 3. Mckinstry Improvements 2021-2022

Title

Second Reading and Action on Ordinance 21-029, an Ordinance Authorizing Supplemental Appropriation No. 4 to the 2021 Budget. 

 

Body

Summary:

Part 1:  Transfer of $1.4 million from the City Council Priority Projects Fund (CCPPF) to the Capital Improvements Fund for facility repairs identified in the McKinstry Study performed in 2019.

 

Part 2:  Transfer of $11,863.74 from the General Fund reserves to close the Marketplace Capital Project Fund.

 

Part 3:  Transfer a total of $3.0 million from the General Fund Economic Development Reserves, Special Assessments Fund, and Storm Drainage Fund to the 15th & 7th Streets Capital Project Fund (TIF 10) for engineering and construction expenditures.

 

Part 4:  Transfer of $522,200 from the CCPPF to fund the first two steps in the renovation or rebuild of the Public Safety Center.

 

Part 5:  Allocate $41,000 from the Capital Sinking Fund to address deficiencies in the City’s tool supply for fleet maintenance.

 

Part 6:  Provide $975,000 from landfill reserves to fund a new landfill compactor to mitigate further expenses repairing catastrophic failures of the current equipment.

 

Part 7:  Transfer of $35,000 from the CCPPF to Brookings Economic Development Corporation to partially fund the County’s Housing Study.

 

Part 8:  Provide $40,000 from expected 2021 revenue surplus to fund the 10 year Financial Management Plan (FMP) Initiative.

 

Part 9:  Allocate $17,500 from the Capital Sinking Fund to perform urgent roof repairs to the Armory City Building.

 

Recommendation

Recommendation:

Staff recommends approval.

 

Body2

Attachments:

Memo

Ordinance

McKinstry Improvements