REQUEST FOR COUNCIL ACTION

Transcription

1 REQUEST FOR COUNCIL ACTION To: Mayor & City Council From: Bob Wylie, Finance Director Date: March 17, 2015 Subject: 3rd Quarter (March 2015) Budget Amendment for FY Applicant Presentation: None Staff Presentation: Bob Wylie, Finance Director RECOMMENDATION: Approve Resolution amending the budget for fiscal year ending June 30, 2015 as proposed. BACKGROUND AND FINDINGS: See attached staff report. PREVIOUS LEGISLATIVE ACTION: Resolution adopting Draper City budget for fiscal year ending June 30, Resolution amending Draper City budget for fiscal year ending June 30, 2015 Resolution amending Draper City budget for fiscal year ending June 30, 2015 Resolution amending Draper City budget for fiscal year ending June 30, 2015 Resolution amending Draper City budget for fiscal year ending June 30, 2015 Resolution amending Draper City budget for fiscal year ending June 30, 2015 FISCAL IMPACT: Finance Review: See attached staff report SUPPORTING DOCUMENTS: Resolution Staff report with supporting documentation

2 RESOLUTION NO A RESOLUTION AMENDING THE ADOPTED BUDGET OF DRAPER CITY FOR FISCAL YEAR WHEREAS, the City Council of Draper City has adopted Resolution No which adopted the final budget for the fiscal year beginning July 1, 2014 and ending June 30, 2015, in accordance with the requirements of the Utah Code Annotated; and and WHEREAS, the City Council of Draper City wishes to amend the fiscal year budget; WHEREAS, a public hearing to consider the appropriations has been noticed and held and all interested persons were heard, for or against the appropriations; and WHEREAS, the City Council of Draper City hereby finds this action in the best interest of the public s health, safety and general welfare. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF DRAPER CITY, STATE OF UTAH AS FOLLOWS: Section 1. Purpose. The purpose of this Resolution is to amend the budget of Draper City, as approved and finalized by Draper City Resolution No Section 2. Adoption of Amendments. The budget amendments attached hereto and made a part of this Resolution shall be, and the same hereby are adopted and incorporated into the budget of Draper City, Utah for the fiscal year beginning July 1, 2014 and ending June 30, 2015, in accordance with the requirements of the Utah Code Annotated. Section 3. Filing of copies of the Budget Amendments. The Budget Officer is authorized and directed to certify and file a copy of said budget amendments in the office of the City Recorder which amendments shall be available for public inspection. Section 4. Severability. If any section, part, or provision of this Resolution is held invalid, or unenforceable, such invalidity or unenforceability shall not affect any other portion of this Resolution, and all sections, parts, and provisions of this Resolution shall be severable. Section 5. passage. Effective Date. This Resolution shall become effective immediately upon its PASSED AND ADOPTED BY THE CITY COUNCIL OF DRAPER CITY, STATE OF UTAH, ON THIS 17th DAY OF MARCH, ATTEST: City Recorder DRAPER CITY Mayor Resolution No Date 3/17/ Budget

3 Draper City FY2015 3rd Quarter Budget Amendments March 2015 March 17, 2015 FY RDA Loan FY Lone Peak Parkway FY East Road The Redevelopment Agency is loaning the City the principal amount of TWO MILLION DOLLARS ($2,000,000.00) (the Loan ) to be used by the City to fund a $2,000, debt service reserve fund (the DSRF ) in connection with the Interim Warrants. Amount of requested budget amendment is $2,000,000. Add additional money to complete the Lone Peak parkway extension. Funding will come from the issuance of the Interim Warrants from Washington Federal Bank. Amount of the requested amendment is $2,000,000. Staff is ready to proceed with the design and Right of Way cost for the 300 East road project. This phase of the project is estimated at $670,000 which would be funded with Transportation Impact Fees. The total project is estimated at $2.45 million. Amount of the requested amendment is $670,000 (Transportation Impact Fees). FY Streets Staff has identified streets and roads within the city to begin maintenance work on. Funding for these projects Maintenance would be appropriated from the B&C fund balance. Attached is both a map and a list of the roads that have been identified. Amount of the requested amendment is $2,400,000. FY Mike Weir Mike Weir Drive is in need of reconstruction. Staff is ready to proceed with this project. The cost estimate for Drive this project is $850,000. $700,000 of the cost is already budgeted in the B&C FY15 budget. Another $150,000 is requested to complete the project. The additional money would be appropriated from B&C fund balance. Amount of the requested amendment is $150,000 (B&C Fund Balance). Transfer $700,000 from B&C Operational funds to Capital Projects for Mike Weir Drive.

4 Draper City FY2015 3rd Quarter Budget Amendments March 2015 March 17, 2015 FY Draper Pointe Draper City is reimbursing both Transportation and Storm Water Impact Fees to the developer for the cost incurred installing both road and storm water improvements as provided in the approved reimbursement agreement. Funding for this request will come the impact fees. Amount of the requested budget amendment is $110,764 (Transportation Impact Fees)

5 2015 Preventive Maintenance Street Group From To Functional Class Treatment Galena Park Blvd 700 W S Minor Collector Slurry/Micro/BWC 200 West St Bangerter Hwy S Arterial Slurry/Micro/BWC South St 150 E 300 E Local Slurry/Micro/BWC South St 300 E 600 E Minor Collector Slurry/Micro/BWC Sprague Ln S End Local Slurry/Micro/BWC 800 East St Draper Pkwy Pioneer Rd Local Slurry/Micro/BWC 900 East St S End Local Slurry/Micro/BWC 200 West St S Bangerter Hwy Arterial Slurry/Micro/BWC South St Fort St End Local Slurry/Micro/BWC Gingerbrook Estates Highland Dr End Local Slurry/Micro/BWC 265 West/12650 South Streets S Pony Express Rd Minor Collector Slurry/Micro/BWC Cranberry Hill West S 300 E Local Slurry/Micro/BWC Cranberry Hill East 300 E End Local Slurry/Micro/BWC South Mountain 2E Bangerter Pkwy Highland Dr Local Slurry/Micro/BWC Stanford Ct Boulter St End Local Slurry/Micro/BWC Fox Meadow/Tuscan Grove 700 E Fort St Local Slurry/Micro/BWC 450 East St S S Local Slurry/Micro/BWC 100 East St S End Local Slurry/Micro/BWC 700 East St S S Minor Collector Slurry/Micro/BWC Inauguration Lone Peak Pkwy End Local Slurry/Micro/BWC South St Lone Peak Pkwy End Local Slurry/Micro/BWC Flowerfield Circle Southfork Dr End Local Slurry/Micro/BWC Galena Park Blvd Green Clover Rd Ikea Way Local Slurry/Micro/BWC South St Minuteman Dr 300 E Minor Collector Slurry/Micro/BWC TK Acres Ikea Way Pony Express Rd Local Slurry/Micro/BWC Lone Peak Pkwy Election Rd S Arterial Slurry/Micro/BWC Somerville 1300 E Walden Ln Local Slurry/Micro/BWC South St Fort St End Local Slurry/Micro/BWC Draper Peaks Backstreet State St 300 E Minor Collector Slurry/Micro/BWC South St Minuteman Dr Bangerter Pkwy Local Slurry/Micro/BWC City Hall Parking Lot Pioneer Rd Fort St Parking Lot Slurry/Micro/BWC Draper Pkwy 700 E 800 E Arterial Slurry/Micro/BWC 1300 East St S Nashi Ln Major Collector Slurry/Micro/BWC Vista Station Blvd S S Arterial Slurry/Micro/BWC Traverse Hills/Centennial Heights Traverse Ridge Rd End Local Slurry/Micro/BWC Traversepoint Dr Traverse Ridge Rd Traverse Ridge Rd Local Slurry/Micro/BWC Willow Springs Ln 300 E 700 E Minor Collector Slurry/Micro/BWC Boulter St Relation St S Local Slurry/Micro/BWC Victor's Pond 1000 E Meadow Wood Dr Local Slurry/Micro/BWC 150 East St 150 E 300 E Local Slurry/Micro/BWC South Mountain 2D & 3B Vestry Rd Traverse Ridge Rd Local Slurry/Micro/BWC Skyler Dr Vestry Rd End Local Slurry/Micro/BWC South Mountain 3D Vestry Rd End Local Slurry/Micro/BWC Canyon Oaks/Corner Canyon Vista Mike Weir Dr Richey Rd Local Slurry/Micro/BWC Southfork East S End Local Slurry/Micro/BWC Lone Peak Court Sub 300 E Stokes Ave Local Slurry/Micro/BWC Lone Peak Meadows E Lone Rock Dr Local Slurry/Micro/BWC Lone Peak Meadows 1 Lone Rock Dr Fort St Local Slurry/Micro/BWC Lone Rock Dr S Stokes Ave Minor Collector Slurry/Micro/BWC Fox Crossing 1300 E Walden Ln Local Slurry/Micro/BWC Ptarmigan Pointe S End Local Slurry/Micro/BWC Canyon Ridge Highland Dr End Local Slurry/Micro/BWC Bear Canyon West 1840 E Highland Dr Local Slurry/Micro/BWC

6 Shadow Crest 1700 E 1840 E Local Slurry/Micro/BWC Somerset Ridge 1700 E S Local Slurry/Micro/BWC Somerlin Meadows Highland Dr Moose Hollow Dr Local Slurry/Micro/BWC 700 East St Draper Pkwy Pioneer Rd Minor Collector Slurry/Micro/BWC Sprague Ln S End Local Slurry/Micro/BWC South St State St 300 E Minor Collector Slurry/Micro/BWC South St/Kimballs Ln 300 E 700 E Minor Collector Slurry/Micro/BWC Minuteman Dr S S Minor Collector Slurry/Micro/BWC Traverse Ridge Rd Traversepoint Dr Draper Heights Way Arterial Slurry/Micro/BWC Rockwell Estates Highland Dr Firehouse Rd Local Slurry/Micro/BWC South St Fort St 1300 E Major Collector Slurry/Micro/BWC 1840 East St/Flat Bear Cir Pioneer Rd S Local Slurry/Micro/BWC 1840 E/Foxborough Pioneer Rd Indian Wells Ln Local Slurry/Micro/BWC Bellevue East Lone Rock Dr End Local Slurry/Micro/BWC Carlquist Dr 700 E Fort St Major Collector Slurry/Micro/BWC Sunwood Ranch/Bear Hollow S S Local Slurry/Micro/BWC Sunset at Draper Ridge 700 W Galena Park Blvd Local Crack Seal Alan Point 700 W End Local Crack Seal Carlquist Dr 150 E 300 E Major Collector Crack Seal Southfork Estates Bangerter Pkwy End Local Crack Seal Highland Dr 1300 E Traverse Ridge Rd Arterial Crack Seal Bridle Pointe Stokes Ave End Local Crack Seal Bellevue West 300 E Lone Rock Dr Local Crack Seal Lone Rock Dr Carlquist Dr S Minor Collector Crack Seal Carlquist Dr 300 E 700 E Major Collector Crack Seal Tivoli Hills Ct Highland Dr End Local Crack Seal Valle di Villa West Highland Dr End Local Crack Seal Highland Dr Pioneer Rd City Limit Arterial Crack Seal Highland Dr Pioneer Rd 1300 E Arterial Crack Seal Valle di Villa East Highland Dr Pioneer Rd Local Crack Seal Pony Express Rd/13490 South St 200 W Ikea Way Minor Collector Crack Seal Ikea Way S Pony Express Rd Arterial Crack Seal Galena Hills Vista Station Blvd End Local Crack Seal Lone Peak Pkwy S Election Rd Arterial Crack Seal River Chapel Rd Lone Peak Pkwy Nate Lane Local Crack Seal Vintage View Ln Traverse Ridge Rd End Local Crack Seal Akagi Farm 1300 E S Local Crack Seal Shadowlands S Boulter St Local Crack Seal Ranch Cir S End Local Crack Seal 300 East St S S Major Collector Crack Seal Draper Oaks 1840 E Highland Dr Local Crack Seal Cove at Bear Canyon 1 & 2 Pioneer Rd End Local Crack Seal Cove at Bear Canyon 3 Pioneer Rd End Local Crack Seal Birch Hollow Cv Pioneer Rd End Local Crack Seal Pioneer Rd Highland Dr End Minor Collector Crack Seal Parc at Day Dairy S 600 E Minor Collector Crack Seal South St Minuteman Dr 150 E Local Crack Seal South St 1300 E Boulter St Minor Collector Crack Seal 700 East St/Charger Way S Golden Pheasant Dr Minor Collector Crack Seal Vista Station S S Arterial Crack Seal South St Vista Station Blvd 200 W Arterial Crack Seal Walden Ln Fort St End Minor Collector Crack Seal Draper Pkwy/1300 East Pioneer Rd City Limit Arterial Crack Seal Rambling Road Highland Dr Golf Cart Tunnel Minor Collector Crack Seal Pioneer Rd 1300 East Highland Drive Minor Collector Crack Seal

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