HomeMy WebLinkAboutOrdinance 02-2008 ORDINANCE NO. 02-08
An Ordinance Entitled "An Ordinance Authorizing A Supplemental Appropriation To The 2008 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, the City Council voted to proceed with final design for the Streetscape Project and the
preparation of construction documents on December 11,2007,
AND WHEREAS, the Brookings Municipal Utilities is replacing water and sewer mains on main avenue,
AND WHEREAS,the City of Brookings is replacing all services for water and sewer deemed necessary to bring
connections up to current standards,
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AND WHEREAS,the City of Brookings is replacing traffic signals at third street and main avenue to bring
traffic lighting equipment up to current standards,
AND WHEREAS,the City of Brookings deems it necessary to create a contingency fund of 13% of the base
bid for unanticipated expenses during the bidding and construction process,
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 2008 budget:
Budget Amendment#1
Revenue Expense
Special Assessment Fund (300,000) 80,000
Total Special Assessment Fund (300,000) 80,000
Streetscape Project 746,560 746,560
Total Capital Projects 746,560 746,560
This Ordinance is declared to be for the support of the municipal government and its existing public institutions
and it shall be in full force and effect after its passage and publication.
ALL ORDINANCES or parts of Ordinances in conflict herewith are hereby repealed.
FIRST READING: January 8,2008
SECOND READING: January 22, 2008
PUBLISHED: January 25,2008
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January 22, 2008 City Council Packet
2008 2008 2008
Adopted Amendment Amended
Streetscape Project # 1 Budget
513-000-4-334-09 Grants 357,000 357,000
513-000-4-446-10 Donations 1,200,000 50,000 1,250,000
513-000-6-700-04 Transfer In from SFtU Tax 0 389,560 389,560
513-000-6-700-04 Transfer In from SEtU Tax 700,000 300,000 1,000,000
513-000-6-700- Transfer In Utilities 343,000 7,000 350,000
Total Revenue 2,600,000 746,560 3,346,560
513-000-5- Sewer and Water Installation 343,000 7,000 350,000
513-000-5-940-00 Streets and sidewalks 2,257,000 300,000 2,557,000
513-000-5-940-00 Signal 0 100,000 100,000
Streetscape Contingency 0 339,560 339,560
Total Streetscape Project 2,600,000 746,560 3,346,560
Special Assessment
280-000-4-663-43 Special Assessment Deferred 40,000 40,000
280-000-4-663-44 Special Assessment Interest 8,000 8,000
280-000-4-663-45 Special Assessment Current 400,000 400,000
280-000-4-663-46 Special Assessment Delinquent 200 200
280-000-4-661-00 Interest Income 0 0
280-000-4-661-01 Money Market Interest Income 3,000 3,000
280-000-4-441-08 Reimbursed Expense 0 0
280-000-6-700- Transfer in Sales Use 300,000 (300,000) 0
Total Revenue 751,200 (300,000) 451,200
280-000-5-950-01 Capital less than $5,000 0 0
280-000-5-960-00 Street Ft Sidewalk Improvements 150,000 150,000
280-000-5-960-00 Streetscape Sidewalk Improve 300,000 (300,000) 0
280-000-5-960-00 Water and Sewer Services 0 380,000 380,000
Total Capital Expenses 450,000 80,000 530,000
Total Special Assmnt Cost 450,000 530,000
Net Cost 301,200 (78,800)
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