Title
Consider/Discuss/Act on an Ordinance Amending the 2012-2013 Annual Budget, Including the 2013-2017 Capital Improvements Program, from the Park Construction Fund to Project PK5029 for the Tennis Complex at 3253 Alma Road
Summary
MEETING DATE: April 2, 2013
DEPARTMENT: Parks, Recreation and Open Space Department
CONTACT: Lemuel Randolph, Director of Parks, Recreation and Open Space
RECOMMENDED CITY COUNCIL ACTION:
· Approval of the Ordinance
ITEM SUMMARY:
· This Ordinance authorizes the addition of $100,000 from the Park Construction Fund balance to CIP Project PK5029 - Tennis Complex to supplement the $150,000 contract amendment.
· With previous actions and administrative transfers this Budget Amendment will bring the total project costs of CIP Project PK5029 - Tennis Complex, to $3,855,124.
BACKGROUND INFORMATION:
· Upon approval of this proposed budget amendment, the Total Project Budget for CIP Project PK5029 will be $3,855,124.
· Additional funding is needed for design services for Phase II and construction for fencing, repairs and enhancements.
FINANCIAL SUMMARY:
· This Ordinance authorizes a CIP budget amendment, transferring $100,000 from the Park Construction Fund (PK0000) balance to the Tennis Complex Project (PK5029).
BOARD OR COMMISSION RECOMMENDATION:
· On November 8, 2012, the Parks, Recreation and Open Space Advisory Board recommended to City Council that these funds be transferred.