HomeMy WebLinkAbout2004-06-14 04-176 RESOLVECOUNCD, ACTION
fhm No. 06-176
Date: May 14, 2004
Mill s Impit _lrrz.
Responsible Department: Airport
Commentary: The budget for fiscal 2004 anticipated that the Airport would use
$15,000 of reserves. Instead, it is anticipated that $1.8 million will be added to
reserves It is prudent to use some of these unanticipated funds to improve the
infrastructure of the Airport. Improvements would include $250,000 for construction
of T -hangars, $237,500 to build a fuel truck containment arca, $130,000 to upgrade
the electrical system in Dock 10, $125,300 to expand the fuel hydrant system,
$120,000 to replace the roof over the concourse at gates 4 and 6 in the international
terminal, and $117,200 for a variety of equipment replacements and upgrades. The
construction of T -hangars and expansion of the hydrant system will generate
Rebecca Huno
Department Head
Manager's Comments:
This has been discussed as a part of the FY05 budget process. Utilizing these
unanticipated revenues from the current year to undertake needed capital
improvements will reduce the amount required from the Fy05 budget and still allow
for a considerable addition to Airport reserves at the close of FY04.
City Manager
Associated Information
Finance Director
Leila] Approval:
Solicitor
Introduced for
Passage
x _ First Reading
X Referral to Finance Committee
Page 1 of 1
04-II6
T V Pseigoed to C Aloo D'Brrico Too, 14. 2004
CITY OF BANGOR
(TITLE.) Resolve, Appropriating $980,000 from Unanticipated FY 2004 Airport Revenues for
Various Capital Investments at Bangor International Airport.
WHEREAS, Bangor International Airport's met revenues have far exceeded the budgeted
amounts for Oscal year 2004; and
How, therefore, Be It Resolved by the City Coundl of the City of Bangor that
There is hereby appropriated the amount of $980,000 from unanticipated FY 2004 Airport
revenues far various capital investments'at Bangor International Airport to Include:
e $250,000 for construction of T -hangars
e $237,500 to construct a. fuel truck spill containment are
e $130,000 to upgrade the electrical system in Dock 10
e $125,300 to expand the.fuel hydrant system
e $120,000 for roof replacement over the concourse at gates 4 and 6 in the
International Arrivals Terminal
e $117,200 for various equipment replacements and upgrades.
Be it Further Resolved, that the Finance Director Is hereby authorized to establish the necessary
capital accounts for these purposes.
IA cin C00 u
Jute 16, 20M
airst Reading
Beferre to einatce
Comnttee
C
Ja cin eo u
June 28, 20M
Passed
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[8$0146
�ITLEt Appropriating $980,008 from Ovaotfcipated
200 cpor pftal
lnvestnmts at Bangor lntarnatfon Alrport
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