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HomeMy WebLinkAbout2004-104 CCRMember Kay Lasman introduced the following resolution and moved its adoption: RESOLUTION NO. 2004-104 RESOLUTION AUTHORIZING FUND TRANSFERS FOR 2003 STREET RECONSTRUCTION PROJECT WHEREAS, the Capital Improvement Program (CIP) for 2003 budgeted project costs for the Happy Hollow Neighborhood Street Reconstruction and Utility Improvement Project from the water utility in the sum of $395,500, from the sanitary sewer utility in the sum of $373,440, and from the storm sewer utility in the sum of $253,255; and WHEREAS, based on actual costs of the Happy Hollow project in 2003 the appropriate amounts to be charged against the water utility would be $307,944.25, from the sanitary sewer utility $288,075.55, and from the storm sewer utility $294,063.48; and WHEREAS, the total actual charges against the three utility funds would be $890,083.28, an amount lower than the budgeted amount of $1,022,155 for the three funds. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center that fund transfers for the 2003 Happy Hollow project from the water, sanitary sewer, and storm sewer utilities be and hereby are approved in the sum of $307,944.25 from the water utility, the sum $288,075.55 from the sanitary sewer utility, and the sum of $294,063.48 from the storm sewer utility into the street reconstruction fund. Aueust 9, 2004 Pate / Ma r ATTEST: City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member ttil;een Carmody and upon vote being taken thereon, the following voted in favor thereof: Myrna Kragness, Kathleen Carmody, Kay Lasman, Diane Niesen, and Bob Peppe; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted.