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HomeMy WebLinkAbout1996-08-12 96-350 ORDERCOONCIL ACTION Date: 8-12-96 Itan No. 96- 50 ItaslSubject: Order, Authorizing the Transfer of Funds Between Various Capital Projects for Purpose of Funding Improvements to the Community Center and Increasing the Funding for Dakin Pool Replacement Responsible Department: City Manager Commentary: During this year's budget process and as an element of the mrerall annual Capital Plan, the Parks and Recreation Department requested $30,000 for various improvements to the Community Center paving, roof repair) and an additional $40,000 to replace Dakin Pool. Funds for these projects are available from proceeds of last year's General Fund bond issue and interest earned on these funds. The majority of these funs will c e from the remaining balance in the em underground tank removal project which was completed substantially below budget ($50,0D0). Please note that our current estimated cost to replace Dakin Pool is $140,000, sibatantiallyless than our original estimate of $600,000. Dale Theriault and his staff have worked closely with our outside engineers to develop and evaluate alternative replacement options. As a cult, this additional funding, when merged with the original $100,000 borrowed primarily for engineering costs, are now estimated to be sufficient to replace the Pool. . In order tom a forward with these projects, I would request that the Council authorize the n ary transfer of funs a well as establishing a new Capital Project for the Civic Center. �' " '"''�"" '� qq DRPARTMENT HEAD Manager'a Consents: �y,w: ki¢ A&-z"nWa aftwtJ PITY MANAGER Order Associated information: Order Budget Approval: Various accounts as listed on Council Order ZZYMCK DIRECTOR Legal Approval: TY c _Introduced For Passage First Reading Pageof_ Referral 96-350 Aedpmdm CowcJw Saucy Auguma 12, 1996 CITY OF BANGOR QQL40,ri Authorizing_ the Transfer of Funds Between Various aprta rojects for Purpose of Funding improvements -'to the Community Center and Increasing the Funding for Dakin Pool Replacement By my CUP Cauad! ofdw COP OfSanoor: ORDERED, THAT the following transfer between capital projects are hereby authorized for purposes of provlding additional funding for Dakin Pool replacement. , FROM TO AMOUNT 7901-91008700 7603-91008700 $40,000 AND, BE IT FURTHER ORDERED, THAT, the following transfers between capital projects are hereby authorized in order to fund capitalimprovements at the Community Center. FROM TO AMOUNT 7901-91008500 7701-91003250 $ 3,154.96 7901-91008700 7701-91003250 4,565.46 7901-91008900 7701-91003250 4,303.69 7901-91008700 7701-91003250 2,400.00 7901-91008150 7701-91003250 15.575.69 Total $30,000.00 IN CITY COUNCIL August 12. 1996 eaaeaa CITY -CLERK U 96-3sa ORDER Title, Authorizing the Transfer of Funds Between Various Capital Projects for Purpose of Funding Improvements t ................. CLe ding for Dakin avd Imrement ehe Pending for Dekin Pool Replacement ...................................... d. Assigned to ........�.o'!l.54.t"*- ... unci..... Councilmen