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CC Resolution 8395 RESOLUTION NO. 8395 BEING A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CAMPBELL APPROVING BUDGET ADJUSTMENTS TO THE 1992/93 FISCAL YEAR BUDGET WHEREAS, there has been presented to the city council a request for funds not originally authorized in the 1992-93 fiscal year budget; and WHEREAS, funds are available from developer-contributed private revenues; and WHEREAS, budget adjustments are necessary to balance project expenditures and revenues for construction of off-site improvements at 900 East Hamilton Avenue. NOW, THEREFORE, BE IT RESOLVED by the city Council of the city of Campbell that: 1. An appropriation of $14,638 from private revenues is made to Project 730.8706.4883. 2. An appropriation of $1,325,983 from private revenues is made to Project 730.8811.4883. 3. An appropriation of $102,936 from private revenues is made to Project 730,8812.4883. 4. An appropriation of $11,120 from Gas Tax revenues is made to Project 730.8924.4883. 5. An increase of $120,708 from private revenues is made to Project 730.8925.4883. 6. An appropriation of $38,420 from private revenues is made to Project 720.0000.4883. PASSED AND ADOPTED this 20th following roll call vote: day of October , 1992 by the AYES: NOES: ABSENT: Councilmembers: Councilmembers: Councilmembers: Kotowski, Conant, Ashworth, Watson, Burr None None APPROVED: C ~/~~----------- ~ld R. Burr,. Mayor ATTEST: '-',{it; L tai:/ ;L;Lk.> Barbara Kee, City Clerk ~t1 C:J;~ OP ~.~. _T_ a:s:QQES-r FOR .QDGR~ ...~S~...S DEPARTHENT/PROGlW! DIVISION laD IIQtmft RO. Public Works/730 Design & Constr. 9/23/92 BUDGB-r ~D.Ir-~ Po 1 f 1 TO BE REDU~~ = FOND ACCOUNT lItJKBD D!SCRIPl'IQR lIIomrJ.' TO BE :J:Nc::REASED = " FOND ACcomrr HCHB!R DESCRIP:ION IJIomrr 035 106.1198 Estimated revenues $14,138 ($79,638 less $65,000 previously budgeted) 035 90.730.8706.4430 -Hamilton Avenue $14,638 bridge widening R_.on ~cr Requ..t (Be .pe~~c:) I To recognize additional private revenues - project 87-06 .. previously budgeted $65,000 in prior years - Actual received per detail attached is $79,638. S1;natun : 2- -At- FINANe:! DIDC'CR en'! JWWi!R REV 2/90 BH C::J:'rY 0:'- c:aMPJSJELL REQUEST FOR B~-.r AD..7USWJ!MJDr.rs DEPAR'rHENT/PROGRAH Public Works/730 DIVISION laD JtEgt1UT RO. Design & Constr. 9/23/92 BUDGET -.rRANs.-A,K f}J ~1 TO BE REDUr!Rn: FOND ACCOUNT BtJMBD DlSc:RIP1'IOR AMOUNT TO BE :J:Nc:::::REASED : FOND ACCOUNT BtJMBD DlSCRIP:IOH AMOUNT 035 106.1198 Private Revenues 1,325,983 (035 300,3396) Prometheus receipts 035 206,2290 Unapprop. F/B credit 1,325,808 to life-to-date 88-11 035 90.730.8811.4883 Prometheus R/W 176 acquisition ....on ~or a.qu..t (Be .peC~~~C)1 To recognize private revenues received on Prometheus R/W acquisition project 88-11, ($2,611,936 life-to-date throughl 7/31/92 less $1,190,085 budgeted previously) and interest due Prometheus for cash deposits held by.City of Campbell - ($4,132 of $9,552 balance of interest owed Prometheus will be credited to this project). See summary Project 88-11 as of 7/31/92 attached. ~ REV 2/90 C::E:'rY OF CAMPBB::E:.L REQUEST :rea BUJ:)ooc.,tf.T AD-'JUS'.l!MJI:HW.rs DEPARTMENT/PROGRAM DIVISION DAD REQUEST NO. Public Works/730 Design & Constr. 9/23/92 BUDGET TRANI:I.If.'" if! .$;; "6 TO BE REDUr'Rn: FOND ACCOUNT lmMB!R DlSCRIPTIOR AMOUNT TO BE :I:NCREASED : FOND ACCOUNT N1JKB!R DESCRIPTION IHOtJN'l' $102.936 035 206.2290 206.2290 90.730.8812.4430 Estimated revenues - Private revenues- ($446,978 expended less $344,042 received) Unapprop. FIB Prometheus Plan Check- Prior Year 88-12 Pro~us Plan Check- Current Year 88-12 21,856 80,870 035 106.1198 035 035 210 R__on ~or R.qu._t (Be .pec:S.~:S.c:) I To recognize additional private revenues applied to Prometheus plan check Project 88-12. This budget adjustment reflects total expenses life-to-date on this project of 446,978 as well as corresponding revenues in the like amount. SilJUature: 1M.. S1;nature : ~ DIDCTOR REV 2/90 BH C:J:'rY OF c:AMPBJELL REgUES~ FOR BtJDGB~ ADJUS'.rHBH'rS DEPARTMENT/PROGRAM DIVISION laD BEQUEST 110. Public Works Design & Constr. 9/23/92 B1.I~~ TRAMI:I.I!'-~ ~ 'Ir;-' TO BE REDU~'n: FOND ACCOUNT lItJMB!R DESCRIP'l'ION AMotJNT 004 206.2290 Gas Tax Unapprop. $11,120 TO BE :J:NCRKASED: FOND ACCOUNT NCMB!R DESCRIPTION AMOUNT 035 90.730.8924.4883 Imputs other than Bldgs. $11,120 ._.on ~or ..qu..t (Be .pec~~~c) I To provide additional Gas Tax funding for interest accrued on Campisi Reconstruction Management Program. ($79,000 Project Management Fee due 8/8/90 at 6.43% through 10/15/92). ~ Signature: fA..- REV 2/90 BH c::r;TY OF ~ REQUEST FOa B'tJDGB-.r .AD.nJS~s DEPAR'l'HEN'l/PROGRAH DZVD%ON DUE DQtmS~ HO. Public Works/730 Design & Constr. 9/23/92 BUDGET TRAMa.If-.... PLtff r-1' 'rO BE REDU'~~: FOND ACCOUNT BtJMBD DlSc:::RIP1'IOR AllOUN'r TO BE :J:NCREASED : FUND ACCOUNT NDHB!R DESCRIPTION MOUNT 035 106.1198 Estimate revenues - $120,708 life to date project 89-25 035 90.730.8925.4483 Prometheus related $120,708 improvements R...on ~or a.qu..t (Be .peC~~~C)1 Total private revenues budgeted life-to-date are $515,000 - Actual needed and received for project expenditures is $635,708, therefore, life-to-date project revenues should be adjusted upward $120,708. Total revenues applied from existing balance of Prometheus refundable deposits is calculated as follows: Total Revenues needed $635,708 Amts previously credited ($259,531) Balance $376,177 . Sie ,,+flfe/,QJ S~It'~ ,,' Ie. l'4q\A.'~~ Jo k c::L,.~ f,~ r..f~.b d O~,... l.,r~Ls ,,~ of 11-/~-9z.. 81;natun : REV 2/90 BH CZTY OF CA.MPBJELL REQUEST FOa BUDGBT ADJUS~S DEPARTMENt/PROGRAM DIVISION DaD IlQUUT NO. Public Works/730 Traffic 9/23/92 BUDGET ~D.I!'-"'" p~ (of G TO BE REDU~~: FOND ACCOUNT lIOMBER DlSCRIP1'IOlI uomr.r 035 206.2290 Unappropriated FIB Remaining Prometheus project Revenues- See Attached $38,420 TO BE XNCREASED : FOND ACCOUNT NtJHB!R DESc:RIPTION BOON'!' ~I 935 22.720.0000.4430 Other Contractual $38,420 __.on ~o:r:: _.qu..t (Be .pec:1.~:1.a) I TO f?J"f~Ctc,"(L,~ ~s f~~~ f=4- L. ~ ~;..~ -0..:7) c.:f- A- ~ t ~ ~~ ~-...p p,t&J ..JE,.........~ e 7 --0(" c;c:. -1 , U -f "t) eF-, -"t.A.- f eC\ -"'U" ~ ~~(7~ E-..:f- I I _ C..Q~--'rV- (jtt.~ - ~"'""'E.O ~ '- ,-'1'E:.~~ St";/e+- ~f~., Signature: ....... Signature : 7 REV 2/90