Title
Consider/Discuss/Act on an Ordinance Amending the Fiscal Year 2019-2020 Annual Budget and Amending the 2020-2024 Capital Improvements Program, to Provide Funds for the Senior Recreation Center Renovation Project.
Summary
COUNCIL GOAL: Enhance the Quality of Life in McKinney
(5A: Create affordable recreational and cultural arts activities for all ages throughout the city)
(5C: Continue to market and highlight McKinney as a unique destination for residents and visitors alike)
(5E: Develop sustainable quality of life improvements within the City of McKinney)
MEETING DATE: February 18, 2020
DEPARTMENT: Parks and Recreation
CONTACT: Michael Kowski, Director of Parks and Recreation
RECOMMENDED CITY COUNCIL ACTION:
• Approval of the attached Ordinance
ITEM SUMMARY:
• This Ordinance amends expenditures in the FY2019-2020 Annual Budget and the 2020-2024 Capital Improvements Program by transferring $1,500,000 from Parkland/Median Fund Zone 4 to the Parks Construction Fund and appropriating the funds into PK4394 Senior Recreation Center Renovation project.
BACKGROUND INFORMATION:
• The construction documents for the Senior Recreation Center Renovation project were issued in December and bids have been received by Balfour Beatty Construction, LLC (BBC).
• An accompanying Resolution to execute a contract amendment to the Construction Manager at Risk (CMAR) services with BBC is also on this agenda for Council’s consideration.
FINANCIAL SUMMARY:
• The attached financial summary details the transfer of funds in the amount of $1,500,000 from the Parkland/Median Fund Zone 4 to the Parks Construction Fund and appropriating the funds into PK4394 Senior Recreation Center Renovation project.
BOARD OR COMMISSION RECOMMENDATION:
• This item was discussed at the February 13, 2020, Parks & Recreation Advisory Board meeting.