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HomeMy WebLinkAbout13723 RESOLUTION NO. 13723 A RESOLUTION APPROVING THE CLOSEOUT OF EXISTING WASTEWATER PROJECTS (WW1201, WW1301, AND WW1601) AND THE TRANSFER OF REMAINING BUDGETED AND APPROPRIATED WASTEWATER FUNDS FROM SUCH PROJECTS IN THE AMOUNT OF $916,712.57 TO ANNUAL LARGE MAIN REHAB (WWAN02) WHEREAS, The City of Pueblo, each year, has budgeted and appropriated funds for a number of projects in Wastewater; and WHEREAS, the Ark River @ Moffat project (WW1201) was created and funded with a total budget of $380,750, and it has been determined that this particular project does not need to be performed at this time, leaving a remaining balance of $380,750; and WHEREAS, the Wildhorse Crossing project (WW1301) was created and funded with a total budget of $908,497.43, and the project has come to completion leaving a remaining balance of $135,962.57; and WHEREAS, the Boulder Street Sewer Main project (WW1601) was created and funded with a total budget of $400,000, and it has been determined that this particular project does not need to be performed at this time, leaving a remaining balance of $400,000; NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, that: SECTION 1. The City hereby closes the aforementioned projects, and transfers the remaining budgets of such projects, totaling $916,712.57, to Annual Large Main Rehab (WWAN02) SECTION 2. The officers and staff of the City are directed and authorized to perform any and all acts consistent with the intent of this Resolution to effectuate the transactions described therein. SECTION 3. This Resolution shall become effective immediately upon passage and approval. INTRODUCED July 10, 2017 _____ BY: Chris Nicoll City Clerk’s Office Item # Q-3 Background Paper for Proposed Resolution COUNCIL MEETING DATE: July 10, 2017 TO: President Stephen G. Nawrocki and Members of City Council CC: Sam Azad, City Manager VIA: Gina Dutcher, City Clerk From: Nancy Keller, Director of Wastewater SUBJECT: A RESOLUTION APPROVING THE CLOSEOUT OF EXISTING WASTEWATER PROJECTS (WW1201, WW1301, AND WW1601) AND THE TRANSFER OF REMAINING BUDGETED AND APPROPRIATED WASTEWATER FUNDS FROM SUCH PROJECTS IN THE AMOUNT OF $916,712.57 TO ANNUAL LARGE MAIN REHAB (WWAN02) SUMMARY: This Resolution approves closing out three existing Wastewater projects and transferring the remaining budget from such projects to Annual Large Main Rehab project. PREVIOUS COUNCIL ACTION : Through the 2012 budget process, Ark River @ Moffat project (WW1201) was created and funded. Through the 2013 budget process, Wildhorse Crossing (WW1301) was created and funded. Through the 2016 budget process, Boulder Street Sewer Main (WW1601) was created and funded. BACKGROUND : The Ark River @ Moffat project (WW1201) was created and funded with a total budget of $380,750, it has been determined that this particular project does not need to be performed, leaving a remaining balance of $380,750. The Wildhorse Crossing project (WW1301) was created and funded with a total of $908,497.43, the project has come to completion leaving a remaining balance of $135,962.57. The Boulder Street Sewer Main (WW1601) was created and funded with a budget of $400,000, it has been determined that this particular project does not need to be performed, leaving a remaining balance of $400,000. The combined total of the remaining funds is $916,712.57. Several large main rehab projects have come up recently, so to allow for enough budget in Annual Large Main Rehab (WWAN02), the combined funds of $916,712.57 will be placed in Annual Large Main Rehab (WWAN02), and each of the three individual projects - (WW1201), (WW1301) and (WW1601) will be closed out. FINANCIAL IMPLICATIONS : There are no financial implications. BOARD/COMMISSION RECOMMENDATION : Not applicable STAKEHOLDER PROCESS : None ALTERNATIVES : None RECOMMENDATION : Approval of the Resolution. Attachments : None