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HomeMy WebLinkAbout2012-116 CCR Member Kay Lasman introduced the following resolution and moved its adoption: RESOLUTION NO. 2012-116 RESOLUTION APPROVING ALLOTMENT OF UNASSIGNED GENERAL FUND NET ASSETS WHEREAS, the City Council of the City of Brooklyn Center may allot funds available in its unassigned net assets by resolution; and WHEREAS, an allotment of existing 2012 General Fund net assets was discussed as a remedy to shortfalls in the 2013 General Fund operations budget for items that are not annually recurring expenditures; and WHEREAS, the City currently holds $9,553,103 of unallocated net assets in the General fund after allotment of $142,810 during 2012 for other purposes against a policy requirement of $8,799,954 in unallocated allotment for cash flow purposes, leaving $753,149 available for other purposes as the City Council may designate. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Brooklyn Center that $91,140 of the existing General Fund unassigned net assets is hereby allotted to accomplish the following purchases or tasks by December 31, 2012: Replacement of an emergency warning siren $ 23,000 Purchase of a GPS survey unit for engineering $ 26,000 Purchase of a computer replacement unit for IT $ 2,500 Purchase of mulch for placement around playground equipment $ 5,000 Painting and carpet replacement in the Police Department $ 10,000 Painting and carpet replacement at City Hall $ 11,040 Purchase of a snow blower attachment for a Gravely mower $ 2,000 Purchase of a chlorine gas scale and pool vacuum unit $ 9,500 Replacement of 3 push button shower valves at the Pool $ 2,100. September 10, 2012 - Date Mayor ATTEST: City Clerk The motion for the adoption of the foregoing resolution was duly seconded by member Dan Ryan and upon vote being taken thereon,the following voted in favor thereof: Tim Willson, Carol Kleven, Kay Lasman, Din Myszkowski, and Dan Ryan; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted.