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HomeMy WebLinkAbout2000-09-13 00-359 ORDERCOUNCILACIION Item NO. M-35 Date: September 13, 2000 Item/Subject Oder, Authorizing City Staff to Proceed! with Various Capital Projects Responsible Depatlannal City Maall During the annual budget process, a number of potential capital projects for this year were discussed and approved by the Ery Council. This includes annual fleet replacement in accordance with the ❑Ns Mutual fleet replacanent policy and upgrading Da elevator in City Hall. Thee projear, as well as a numberd offers, are arhiclpa[ed to be fulled in our rl bond issue. A dedaration d Intent covemg these and other possible projects can be found elsewhere on Wright's agenda. We are currently in the process of devell the proposed bond oder authorizing our next bond issue. This process has been cleared due W uncertainty in several areas, most paMculady In regard to rapao'ty expansion within the CNs parting fund. At the same time, uveal of there capital projects require adon in the near future. The attached Oder would authorize staff to proceed! with our annual vMide redamment purchases and to take the steps necessary to upgmde the elevator in City Hall. Should [hese Impacts not be inducetl in the annual borrowing, their expenses can be funded from other avzllable murces induding the "Whole repacement reserve and the Improvement reuWe. In oder to erpeche them necessary pmjetts, I would request your appreval of the attached order Imperial Head Manager's Comments: Coy Manager Aswdated Information: Ober Budget Approval: Rrem'e Director Legal Approval: C Soliiitor Introduced for X Passage _ First Reading Page of Referral y AssigneLroCouncilor pyeuble September 13. 2000 n CITY OF BANGOR (TME.) Order, Authorizing aty Staff To Proceed with Various Capital Projects WHEREAS, the City Council of the Oty of Bangor has previously adopted a fleet replacement policy; and WHEREAS, under this policy, the City anticipates borrowing funds on an annual basis to purchase vehicles and equipment and to gradually Increase the annual appropriation for vehicle replacement; and WHEREAS, the elevator in Bangor City Hall i5 in need of significant work in order to insure Its continued operation and availability; and WHEREAS, R is anticipated that these projects will eventually be funded through the issuance of General Obligation Bonds; and WHEREAS, should such bonds not be authorized, other funding sources are available for these projects including the vehicle replacement reserve and the improvement reserve; Now, maatae be RONe2dBy ft Pry counalofthe QryofBamgw.. THAT City staff is hereby authorized to proceed with the annual vehicle replacement program and to take the steps necessary to upgrade the elevator in Bangor City Hall. m CRY COMM Sryte er 13, 2000 mtt for passage m e and Seconded passed aeac 00.359 ORDER 'nd%A thorisiag city Staff to praceed with Oarioua Capital Projects Asdgmd in