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HomeMy WebLinkAbout12092RESOLUTION NO. 12092 A RESOLUTION APPROVING THE TRANSFER OF APPROPRIATED WASTEWATER FUNDS BETWEEN PROJECTS WHEREAS, the City of Pueblo owns, operates and maintains a wastewater collection and treatment system subject to the requirements of the Federal Clean Water Act and the Colorado Water Quality Control Act; and WHEREAS, the City Council has authorized construction of a multi-segment Ammonia Removal construction project, and WHEREAS, the City of Pueblo has already obtained funding for $26,100,000 of the project to be split between the different segments of the project, and WHEREAS, the City has appropriated $1,300,000 to Projects to be Determined, and $100,000 of this is needed for the Ammonia Removal Project. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The Finance Director is hereby authorized to execute the transfer of $800,000 from Section 6 (WWL02B) of the Ammonia Removal Project to the remaining Five Sections (WWL01A – WWL02A) of the Project as well as the transfer of $100,000 from Projects To Be Determined (WW1199) in the name and on behalf of the City and the City Clerk is directed to affix the seal of the City thereto and attest same. SECTION 2. Funds for said Transfer in an amount not to exceed $900,000 shall be paid from appropriated and unencumbered funds budgeted in the City’s 2010 and 2011 Budgets. INTRODUCED: February 28, 2011 BY: Judy Weaver COUNCILPERSON Background Paper for Proposed RESOLUTION AGENDA ITEM # M-1 DATE: February 28, 2011 DEPARTMENT: WASTEWATER DEPARTMENT GENE MICHAEL, DIRECTOR TITLE A RESOLUTION APPROVING THE TRANSFER OF APPROPRIATED WASTEWATER FUNDS BETWEEN PROJECTS ISSUE Should the City Council approve the transfer of $800,000 of available budget from the Ammonia Removal Project, Section 6 (WWL02B), WRF Solar Photovoltaic, as well as $100,000 of available budget from Projects to be Determined (WW1199), to projects within the first five segments of the Ammonia Removal Project (WWL01A through WWL02A)? RECOMMENDATION Approval of Resolution. BACKGROUND The Ammonia Removal Project was designed in six different segments. Segments 1 – 5 are being funded through a $25,000,000 SRF loan. Segment 6 (the solar photovoltaic) has been funded through a $1,500,000 ARRA loan and sewer user funds. It is difficult to determine if the costs of construction projects will bid under the estimated amounts. Change orders will also affect the final cost. Segment 6 is complete, with the exception of the final payment to be made to the contractor; remaining funds of approximately $800,000 will be transferred and used in the first five segments. The additional $100,000 to be moved from Projects to be Determined (WW1199) will also be transferred and used in the first five segments. Below is a table depicting the projects and their respective budgets. 1) WWL01A WRF Site Dewatering $ 1,200,000 2) WWL01B WRF Yardwork $ 100,000 3) WWL01C WRF Treatment Works $19,000,000 4) WWL01D WRF Lift Station $ 900,000 5) WWL02A WRF UV Disinfection $ 2,900,000 6) WWL02B WRF Solar Photovoltaic $ 4,000,000 7) WW1199 Projects to be Determined $ 1,300,030 FINANCIAL IMPACT Funds for the Ammonia Removal Project have already been appropriated, but are needed in other segments of the Project. Additional funds have been appropriated in Projects to be Determined and is needed in the Ammonia Removal Project.