HomeMy WebLinkAboutResolution No. 14-015 - Amending the FY15 Capital Projects BudgetRESOLUTION NO. 14/015 --~------------
A RESOLUTION OF THE CITY COUNC IL OF THE CITY OF UN IV ERSITY PARK ,
TEXAS, AMEN DING THE FY20 15 CAPITAL PROJ ECTS BUDGET FOR THE CITY:
AND PROVIDING AN EFFECTIV E DATE.
WHEREAS, the City of Uni versity Park uses a five-year Capital Improvement
Program (C IP) to plan and fund its capital projects: and
WHEREAS, the first year ofthe CIP serves as the City's capital budget; and
WHEREAS. the City Council approved a reso lu tion on September 9 2014, adopting
a FY20 15 cap ita l budget of $9,5 15,000. with project expenditures of $9.415.000; and
WHEREAS, the Capital Projects Review Committee has met with City staff to
co nsider additional changes to the FY20 15 capital budget and FY2015-2019 ClP ; and
WHEREAS. the Committee recommends amendin g the FY20 15 capital budget so
that project expenditures total $12,2 19,975:
NOW, THEREFORE, BE IT RESOLV ED BY THE CITY COUNCIL OF THE
C ITY OF UN IVERSITY PARK, TEXAS:
SECTION I . That the FY20 15 capital projects budget for the City of University
Park is hereby amended as shown on Exhibit "A".
SECTIO N 2 . This Resolution shall take effect immediatel y from and after its
pa ssage. and it is accordingly so resolved .
DULY PASSED by the City Co unci l of the Ci ty of Un iversity Park, Texas, on the
18111 day ofNovember, 2014.
APPROVED AS TO FORM:
~~A
APPR~-£ .
OLIN LAN E, JR .. MA YO/lt
ATTEST:
CHRISTINE GREEN,
CITY SECRETARY
Exhibit A
CITY OF UNIVERSITY PARK, TEXAS
FY2015 CAPITAL PROJECTS BUDGET
FY2015 AMENDMENT 1 FY2015
ADOPTED FY2014 PROJECT AMENDED
Revenues BUDGET CARRYFORWARD REALLOCATIONS BUDGET
Transfers from General Fund (budgeted) 3,123,153 3,123,153
Transfers from Utility Fund (budgeted) 2,374,342 2,374,342
Investment income 20,000 20,000
Other revenue
Total Revenues 5,517,494 5,51 7,494
Expenditures
Personnel (Civil Engineer) & other expenses 100,000 100,000
Tot. Proj. Est. Budgeted Projects:
INFORMATION TECHNOLOGY
45,000 13700 lime & Attendance system replacement 45,000 45,000
150,000 14000 Virtual desktop interface 150,000 150,000
96,000 14100 LaserFiche upgrade with eForms 96,000 96,000
200,000 14400 Telephone System upgrade 200,000 200,000
75,000 14500 Security camera liP video conversion 29,422 29,422
70,000 14900 Community Development Electronic Plan Review 70,000 70,000
70,000 15000 New World Finance System Hardware Replacement 70,000 70,000
70,000 15100 Sungard OSSI Police System Hardware Replacement 70,000 70,000
776,000 INFORMATION TECHNOLOGY SUBTOTAL 360,000 370,422 730,422
PARKS
20,000 23660 Walt Humann Park Lighting 20,000 20,000
60,000 23900 Median Upgrades (Turtle Creek Bll.d. Owsley Park) 60,000 (1 5,000) 45,000
543,871 25300 Burleson Park renovation 442,883 32,000 474,883
150,000 25400 University Boulevard entrance portal 150,000 150,000
40,000 25800 Elena's Children's Park Improvements NEW 40,000 40,000
50,000 26000 Bench/table replacements 50,000 50,000
75,000 26100 Goar Park restroom structure 75,000 75,000
0,000 26600 Preston Road landscape and lighting 180,000 180,000
0,000 26700 Tennis court resurfacing program 50,000 50,000
40.000 26900 Tollway Wall landscape 40,000 (20,000) 20,000
290,000 27200 Smith Park playground replacement 290,000 (17,000) 273,000
160,000 27400 Holmes Aquatic Center sprayground repairs 41 ,713 41 ,713
1,678,871 PARKS SUBTOTAL 935,000 484,596 1,419,596
PUBLIC SAFETY
2.000,000 33900 Radio system replacement -comprehensive 500,000 500,000
2,000.000 PUBLIC SAFETY SUBTOTAL 500,000 500,000
PUBLIC WORKS
700,000 44400 Hillcrest 12" Water Line 900,000 900,000
2,000,000 47050 MPY 41-4400 Windsor/Stanhope 580,000 580,000
3.690,000 47230 MPY Douglas Sewer Main -Emerson to Lovers 364,185 364,185
500,000 47240 MPY McFarlin I Shannon 500,000 500,000
2,590,000 48910 Lover Lane (Miracle Mile) pavement and drainage 940,000 156,290 (1 ,096,290)
1,969,417 49210 University-Boedeker pavement reconstruction 487,835 487,835
3,000,000 49230 Water meter replacement 600,000 495,194 1 ,095,194
TBD 49280 Old Peek Center Renovation (roof, fuel island, paving, etc) TBD
5,000,000 49500 Traffic signal replacement (10 year project) 500,000 450,800 950,800
1,200,000 49600 Pond dredging 1,100,000 91 ,143 1 '191 '143
3,200,000 49700 McFarlin Bridge 3,200,000 3,200,000
23,849,417 PUBLIC WORKS SUBTOTAL 4,620,000 2,045,447 2,603,710 9,269,157
Projects contingency:
2,000,000 Unplanned Projects Placeholder 3,000,000 (2. 700,000) 300,000
30,304,288 TOTAL PROJECT EXPENDITURES 9,415,000 2,900,465 (96,290) 12,219,175