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HomeMy WebLinkAbout08221ORDINANCE NO. 8221 AN ORDINANCE TRANSFERRING $200,000 FROM THE QUEENS/PORTLAND AVENUE IMPROVEMENTS PROJECT SW0804, AND $202,000 FROM THE TUCCI LANE STORMWATER IMPROVEMENT PROJECT SW0604 AND BUDGETING AND APPROPRIATING AN INCREASE OF $227,000 TO THE ASTER/PUEBLO BOULEVARD IMPROVEMENT PROJECT SW0401 AND AN INCREASE OF $125,000 TO THE CROSS DRAINAGE-LAKE AVENUE (IOWA AVENUE STORM SEWER IMPROVEMENT) PROJECT SW1001 AND AN INCREASE OF $50,000 TO THE TRUNK-LINE- LAKEVIEW/SMITH IMPROVEMENT (CARTERET AVENUE STORM SEWER IMPROVEMENT) PROJECT SW1002 BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The Aster/Pueblo Boulevard Improvement Project SW0401 is hereby budgeted and appropriated an increase of $227,000 to the 2010 Capital Budget. SECTION 2. The Cross Drainage-Lake Aveneue (Iowa Avenue Storm Sewer Improvement) Project SW1001 an increase of $125,000 to the 2010 Capital Budget. SECTION 3. The Trunk-Line-Lakeview/Smith Improvement (Carteret Avenue Storm Sewer Improvement) Project SW1002 an increase of $50,000 to the 2010 Capital Budget. SECTION 4. $200,000 is hereby transferred from the Queens/Portland Avenue Improvements Project SW0804 to the Aster/Pueblo Boulevard Improvement Project SW0401. SECTION 5. $27,000 is hereby transferred from the Tucci Lane Stormwater Improvement Project SW0604 to the Aster/Pueblo Boulevard Improvement Project SW0401. SECTION 6. $125,000 is hereby transferred from the Tucci Lane Stormwater Improvement Project SW0604 to the Cross Drainage-Lake Avenue (Iowa Avenue Storm Sewer Improvement) Project SW1001. SECTION 7. $50,000 is hereby transferred from the Tucci Lane Stormwater Improvement Project SW0604 to the Trunk-Line-Lakeview/Smith Improvement (Carteret Avenue Storm Sewer Improvement) Project SW1002. SECTION 8. This Ordinance shall become effective upon final passage and approval. INTRODUCED: June 14, 2010 BY: Judy Weaver /COUNCILPERSON PASSED AND APPROVED: June 28, 2010 Background Paper for Proposed ORDINANCE AGENDA ITEM # R-6 DATE: June 14, 2010 DEPARTMENT: STORMWATER DirectorEarl Wilkinson, P.E. , TITLE AN ORDINANCE TRANSFERRING $200,000 FROM THE QUEENS/PORTLAND AVENUE IMPROVEMENTS PROJECT SW0804, AND $202,000 FROM THE TUCCI LANE STORMWATER IMPROVEMENT PROJECT SW0604 AND BUDGETING AND APPROPRIATING AN INCREASE OF $227,000 TO THE ASTER/PUEBLO BOULEVARD IMPROVEMENT PROJECT SW0401 AND AN INCREASE OF $125,000 TO THE CROSS DRAINAGE-LAKE AVENUE (IOWA AVENUE STORM SEWER IMPROVEMENT) PROJECT SW1001 AND AN INCREASE OF $50,000 TO THE TRUNK-LINE-LAKEVIEW/SMITH IMPROVEMENT (CARTERET AVENUE STORM SEWER IMPROVEMENT) PROJECT SW1002 ISSUE Should the City Council approve an ordinance transferring $200,000 from the Queens/Portland Avenue Improvements Project SW0804, and $202,000 from the Tucci Lane Stormwater Improvement Project SW0604 and budgeting and appropriating an increase of $227,000 to the Aster/Pueblo Boulevard Improvement Project SW0401 and an increase of $125,000 to the Cross Drainage-Lake Avenue (Iowa Avenue Storm Sewer Improvement) Project SW1001 and an increase of $50,000 to the Trunk-Line- Lakeview/Smith Improvement (Carteret Avenue Storm Sewer Improvement) Project SW1002? RECOMMENDATION Approval of Ordinance. BACKGROUND The 2010 Stormwater Department’s budget provided funding for several specific stormwater improvement projects. The Trunk-Line-Lakeview/Smith (Carteret Storm Sewer Improvement) Project SW1002 bids were received and opened recently and a project deficit of $50,000 is projected. This Ordinance provides for the transfer of budgeted monies from other stormwater projects to account for refined construction estimates. FINANCIAL IMPACT It is anticipated that adequate monies were budgeted to construct all of the 2010 projects under the FY 2010 Stormwater Department’s capital projects portion of the budget. If actual contract bids exceed the budgeted amounts, then one of the 2010 projects will be deferred until FY 2011.