HomeMy WebLinkAbout2002-05-13 02-212 RESOLVEItem No. 02-2I2
Date: May 13, 2002
Item/Subject RESOLVE -Appropriate $129,300 from the Wastewater Treatment Planes Undesignated
Fund Balance for Capital Purposes
Responsible Department: Wastewater Treatment Plant
The W WfP had planned con making some necessary modifications to the Hildreth Street Pump Station
during this year. The modifications ailed for moving the pumps into a building at ground level and
installing more variable frequency drives. The original estimate for the project was $9,000.
During preliminary design, the scope of the work was altered to address other problems at the station. it
was determined that a larger wet well was needed. Replacing the wet well requires deep excavation and
will require steel shoring. The additional costs associated with this project are $124,300, which staff is
proposing W appropriate from undesignated fund balance.
There are adequate funds within the undesignated fund balance to complete this project as outlined
above. The W WfP continues in a stable financial position with no rate Increases for the past several
years. Staff monitors the financial position on annual basis through the production of operating pro
formas. The next pro formas will be prepared and brought to Committee sometime In ]wy 2002.
Deparbnent Head
Recommend approval. ��.� nq`
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City Mani
Associated Information: Resolve
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France DIm&r
449 City Solicimr
Passage
X First Reading Isage_of_
X Referral to Finance
V ASSignM IOCOUncibr Patofian Nag 13, TnOT
CITY OF BANGOR
(TITLE.) Resolve, Appropriate $124,300 from the Wastewater Treatment
Plant's Undesignated Fund Balance for Capital Purposes
By the City Cwwl of Me Ory ofRaga:
RESOLVED, THAT
The amount of $124,3000 be appoprWted from the Wastewater Treatment Plant's
Undesignated Fund Balance to an acwunt to be established by the Finance Director to
provide additional funding for the Hlldreth Street Pump Station modiRiations.
IF
IN CITY COUNCIL
Nay 13, 2002
First Reading
Referred to the plasmas
Comixtee
X6
Nay o 200002
motion
fora wage and seconded
for Passage
Passed
F
CI 6
02-212
Rzs0L pe
Title, Appropriate $126,300 from the
wastewater Treatuemt Plant's
waaesigoared Food science for Capital
purposes
Assigned to
Councilor