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HomeMy WebLinkAboutOrdinance 37-2010 Ordinance No. 37-10 An Ordinance Entitled "An Ordinance Authorizing a Supplemental Appropriation to the 2010 Budget for the Purpose of Providing for Additional Funds for the Operation of the City. BE IT ORDAINED BY THE CITY OF BROOKINGS, SOUTH DAKOTA: WHEREAS, there is a need to adjust the 2010 budget to respond to the actual revenues and expenditures in fiscal year 2010, AND WHEREAS, the inter-fund transfer from the General Fund to the Innovation Campus project needs to be recognized per resolution 52-09, May 26, 2009, AND WHEREAS, the Airport purchased property per resolution 121-09, dated December 08, 2009, and needs an additional inter-fund transfer to cash flow, AND WHEREAS, grant revenues and expenditures for Safe Routes to School, Resolution 12- 09, Airport grant money for fence project, Resolution 19-10, Regional Landfill grant, Resolution 37-10, Waste tire grant, Resolution 74-10, Cops Grant, Resolution 94-10, and Fire Department training grants dated Feb 10 & April 10, need to be recognized, AND WHEREAS, April 6, 2010 council approved the purchase of land for future industrial land use purposes, AND WHEREAS, the grant per Resolution 58-10, a donation and the expenditure to improve the Lions Park needs to be recognized, AND WHEREAS, the bond proceeds and expense for the refinancing of the 2001, 2003, 2005 bonds and the additional $6 million dollars for the City/County administrative building project approved by Resolution 72-10, and a portion of the expenses for the city/county administrative building needs to be recognized, AND WHEREAS, the grant application was approved by the Council per resolution 69-09 and the Nature Park Master Plan accepted on August 24, 2010 the capital project fund needs to be created and budgeted in 2010, AND WHEREAS, the Swiftel Center arena lighting project and the Innovation Campus project where bid lower than anticipated, the Ice Arena floor project was cancelled, creating a savings AND WHEREAS the design of the airport, and a building at the airport was cancelled and the sewer extension was postponed, AND WHEREAS, the landfill bid for the trench project was more than anticipated and capital equipment cost less than anticipated, and the purchase of the trammel screen was postponed, AND WHEREAS, Council approved Resolution 38-10, Resolution 58-10, Resolution 68-10, Resolution 69-10, and Resolution 84-10 for the financing and expenses for projects 1, 2, 3, & 4 within Storm Drainage and there is a need for the revenue and expenses to be pro-rated, AND WHEREAS, the debt service funds for the tax increment districts I, 3, &4 needs to be created and tax increment district 2 closed per Resolution 08-10 and funds returned to Brookings County for distribution, AND WHEREAS, the Streetscape Project has been completed and needs to be closed and added to the City's infrastructure, AND WHEREAS STATE LAW (SDCL 9-21-7) AND THE CITY CHARTER (4.06 (a) permit supplemental appropriations provided there are sufficient funds and revenues available to pay the appropriation when it becomes due, NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL that the City Manager be authorized to make the following budget adjustments to the 2010 budget: Budget Amendment#2 Revenue Expense Other-Non-Dept, Gen Gov Buildings $114,594 $3,373,435 Public Safety-Police, Fire, Animal Control $17,631 $47,742 Public Works-Comm Dev, Engineer, Street ($137,949) ($110,522) Culture & Recreation-Park, Rec, Forestry, Library $30,634 ($181,537) Total General Government $24,910 $3,129,118 Retail Development $314,500 25% Sales & Use Tax $109,000 $33,000 75% Public Improvement $445,791 $500,125 Swiftel Center ($96,000) ($100,000) Library Fines $5,000 Industrial Park $10,000 Special Assessment $172,000 ($590,000) Storm Drainage ($3,303,602) ($357,000) 3rd B Sales & Use Tax ($3,200) $4,250 Total Special Revenue ($2,666,011) ($190,125) TIF#I Innovation Campus Debt Service $24,300 $24,300 TIF#2 Wiese Debt Service $680 $2,502 TIF#3 Valley View Addition $2,346 $2,346 TIF#4 Sieler Addition $11,458 $11,458 Total TIF Debt Service Funds $38,784 $40,606 Streetscape $325,094 City/County Administrative Building $6,224,000 $206,000 Nature Park $100,000 $60,000 Total Capital Projects $6,324,000 $591,094 Airport Fund $335,050 ($368,500) Landfill $350,000 $137,500 Research & Technology Center ($20,000) ($34,000) Total Enterprise Funds $665,050 ($265,000) ALL ORDINANCES or parts of Ordinances in conflict herewith are hereby repealed. First Reading: November 9, 2010 Second Reading: November 23, 2010 Published: November 26, 2010 CITY OF BROOKINGS Pl-td Tim Reed, Mayor :.ate . •INCO Ha'. � ,..001 i a/ Ill 77-) °,°Q b ,.rnes, City Cle