HomeMy WebLinkAboutResolution No. 14-010 - FY15 Capital Projects BudgetRESOLUTION NO. 14/010 --------------------
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UNIVERSITY
PARK, TEXAS, ADOPTING THE FY2015 CAPITAL PROJECTS BUDGET FOR
THE CITY; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City of University Park uses a five-year Capital Improvement
Program (CIP) to plan and fund its capital projects; and
WHEREAS, City staff has identified a series of specific projects for implementation
in the fiscal years 2015 through 20 19; and
WHEREAS, the first year of the five-year CIP serves as the City's capital budget;
and
WHEREAS, the Capital Projects Review Committee has met with City staff to
review and consider the proposed FY20 15-2019 projects; and
WHEREAS, the Committee recommends adoption of the FY2015 capital projects
budget totaling $9,515 ,000, of which $9,415 ,000 is directly related to project expenditures;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF UNIVERSITY PARK, TEXAS:
SECTION 1. That the FY2015 capital projects budget for the City of University
Park is hereby adopted as shown on Exhibit "A."
SECTION 2. This Resolution shall take effe ct October 1, 2014, and it is accordingly
so resolved.
DULY PASSED by the City Council of the City of University Park, Texas, on the
9th day of September, 2014.
~iQ
CITY ATTORNEY
APPRL%2· £ ..
OLIN LANE, MAYOR ~
ATTEST:
CHRISTINE GREEN,
CITY SECRETARY
Revenues
Expenditures
' '
EXHIBIT "}\"
CITY OF UNIVERSITY PARK, TEXAS
FY2015 CAPITAL PROJECTS BUDGET
Transfers from General Fund (budgeted)
Transfers from Utility Fund (budgeted)
Investment income
Other revenue
Total Revenues
Personnel (Civil Engineer) & other expenses
Tot. Proj. Est. Budgeted Projects:
150,000
70,000
70,000
70,000
360,000
60,000
150,000
40,000
50,000
75,000
180,000
70,000
40,000
290,000
955,000
2,000,000
2,000,000
700,000
2,000,000
2,590,000
3,000,000
TBD
5,000,000
1,200,000
14,490,000
2,000,000
19,805,000
14000
14900
15000
15100
23900
25400
25800
26000
26100
26600
26700
26900
27200
33900
44400
47050
48910
49230
49280
49500
49600
INFORMATION TECHNOLOGY
Virtual desktop interface
Community Development Electronic Plan Review
New World Finance System Hardware Replacement
Sungard OSSI Police System Hardware Replacement
INFORMATION TECHNOLOGY SUBTOTAL
PARKS
Median Upgrades (Turtle Creek Blvd. Owsley Park)
University Boulevard entrance .portal
Elena's Children's Park Improvements NEW
Bench/table replacements
Goar Park restroom structure
Preston Road landscape and lighting
Tennis court resurfacing program
Tollway Wall landscape
Smith Park playground replacement
PARKS SUBTOTAL
PUBLIC SAFETY
Radio system replacement -comprehensive
PUBLIC SAFETY SUBTOTAL
PUBLIC WORKS
Hillcrest 12" Water Line
MPY 41-4400 Windsor/Stanhope
Miracle Mile pavement and drainage
Water meter replacement
Old Peek Center Renovation (r:oof, fuel island, paving, etc)
Traffic signal replacement (10 year project)
Pond dredging
PUBLIC WORKS SUBTOTAL
Projects contingency:
Unplanned Projects Placeholder
TOTAL PROJECT EXPENDITURES
NOTE: Ongoing projects are italicized. All other projects are "new" for FY2015.
FY2015
BUDGET
3, 123,153
2,374,342
20,000
5,517,494
100,000
150,000
70,000
70,000
70,000
360,000
60,000
150,000
40,000
50,000
75,000
180,000
50,000
40,000
290,000
935,000
500,000
500,000
900,000
580,000
940,000
600,000
TBD
500,000
1' 100,000
4,620,000
3,000,000
9,415,000