HomeMy WebLinkAbout07674ORDINANCE NO. 7674
AN ORDINANCE BUDGETING AND APPROPRIATING $3,900,000 TO PROJECT CP0704,
RADIO UPGRADE /TOWER CONSTRUCTION
WHEREAS, the City supports the acquisition and implementation of an interoperable
radio system to be used by public safety staff and other City employees, and
WHEREAS, the City will be receiving funds made available from entering into a lease
purchase agreement and other funding sources, such as grants, and
WHEREAS, such funds must be appropriated before they can be expended to acquire;
NOW THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, that:
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$3,900,000 is hereby appropriated to Project CP0704, Radio Upgrade /Tower
Construction, from lease proceeds escrow.
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This ordinance shall become effective upon final passage and approval; provided,
however, that its effectiveness shall be contingent upon City Council approval of a master
equipment lease purchase agreement with All Points Public Funding, LLC, or its affiliate.
INTRODUCED October 9, 2007
APPROVED: a u & " e - )
ESID NT%J City Council
ATTESTED BY:
CITY CLERK
BY Randy Thurston
Councilperson
PASSED AND APPROVED: October 22, 2007
Ord. - TU - 14
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Background Paper for Proposed
ORDINANCE
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AGENDA ITEM # 19
DATE: October 9, 2007
DEPARTMENT: Information Technology
Director John Wilkinson
TITLE
AN ORDINANCE BUDGETING AND APPROPRIATING $3,900,000 TO PROJECT
CP0704, RADIO UPGRADE/TOWER CONSTRUCTION
ISSUE
Should City Council approve an appropriation of $3,900,000 for the acquisition and installation
of radio system equipment and software to be used by public safety personnel and other City
staff?
RECOMMENDATION
Approval of the Ordinance
BACKGROUND
Subject to City Council approval, the City will be entering a lease purchase agreement for up to
$3,900,000 for acquisition and implementation of a new radio system. Expenditures using funds
from the lease purchase agreement cannot be made until additional funds are appropriated.
This appropriation will allow the completion of the radio tower infrastructure, provide for
hardware and software needed for the 9-1 -1 Dispatch Center, and allow acquisition of the radios
needed to address all City departments' radio requirements. Although the lease purchase
agreement would be the primary source of funds for this appropriation, grant funding, if
received, could potentially supplant lease purchase funding. This would allow the City to reduce
the lease purchase amount and lower the payments.
FINANCIAL IMPACT
The appropriation will allow total expenditures up $3,900,000. Annual payments, all of which
would be subject, every year, to budgeting and appropriation by City Council, would be
$474,738, assuming a worse -case scenario of no grant funding being applied to the lease
purchase outstanding balance. The term of the lease purchase is ten years. For the 2008
budget, staff will recommend that $300,000 of the payment amount be drawn from the e911
surcharge and the $174,738 be drawn from interest on the % Cent sales tax revenue.