Loading...
09/29/2011 - Special MeetingCity Council Agenda Special Meeting Date : 9/29/2011- 6:00 P M Location:Council Chambers Special Budget Meeting Welcome. We are glad to have you join us. If you wish to speak, please wait to be recognized, then state your name and address. Persons speaking before the City Council shall be limited to three (3) minutes unless otherwise noted under Public Hearings. For other than Citizens to be heard regarding items not on the Agenda, a spokesperson for a group may speak for three (3) minutes plus an addirional minute for each person in the audience that waives their right to speak, up to a maximum of ten (10) minutes. Prior to the item being presented, please obtain the needed form to designate a spokesperson from the City Clerk (right-hand side of dais). Up to thirty minutes of public comment will be allowed for an agenda item. No person shall speak more than once on the same subject unless granted permission by the City Council. The Ciry of Clearwater strongly supports and fully complies with the Americans with Disabilities Act (ADA). Please advise us at least 48 hours prior to the meeting if you require special accommodations at 727-562-4090. Assisted Listening Devices are available. Kindly refrain from using beepers, cellular telephones and other distracting devices during the meeting. 1. Call to Order 2. Second Readings - Public Hearing 2.1 Adopt Ordinance 8284-11 on second reading, declaring the millage rate to be levied for the fiscal year beginning October 1, 2011 and ending September 30, 2012, for operating purposes including the funding of pensions, debt service, and road maintenance for capital improvement expenditures at 51550 mills. � Attachments 2.2 Adopt Ordinance 8285-11 on second reading, adopting an Operating Budget for the fiscal year beginning October l, 20ll and ending September 30, 2012, authorizing the City Manager to issue such instructions that are necessary to achieve and accomplish the service programs so authorized; authorizing the City Manager to transfer monies and programs among the departments and activities within any fund as provided by Chapter 2 of the Clearwater Code of Ordinances. � Attachments 2.3 Adopt Ordinance 8286-11 on second reading, adopting the Capital Improvement Budget for the fiscal year beginning October l, 20l l and ending September 30, 2012, approving the six-year Capital Improvement Program which shall be reevaluated at the beginning of each fiscal year, authorizing the City Manager to issue such instructions that are necessary to achieve and accomplish the capital improvements so authorized; authorizing the City Manager to transfer money between projects in the Capital Improvement Program; appropriating available and anticipated resources for the projects identified. � Attachments 3. City Manager Verbal Reports 3.1 Update on Property Acquisitions f� Attachments 4. Adjourn SUBJECT / RECOMMENDATION: Special City Council Agenda Council Chambers Special Budget Meeting Meeting Date:9/29/2011 Adopt Ordinance 8284-11 on second reading, declaring the millage rate to be levied for the fiscal year beginning October 1, 2011 and ending September 30, 2012, far operating purposes including the funding of pensions, debt service, and road maintenance for capital improvement expenditures at 5.1550 mills. SUMMARY: Review Approval: 1) Clerk Cover Memo Attachment number 1 Page 1 of 1 MILLAGE ORDINANCE ORDINANCE NO. 8284-11 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, DECLARING THE MILLAGE RATE TO BE LEVIED FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2011, AND ENDING SEPTEMBER 30, 2012, FOR OPERATING PURPOSES INCLUDING THE FUNDING OF PENSIONS, DEBT SERVICE, AND ROAD MAINTENANCE FOR CAPITAL IMPROVEMENT EXPENDITURES AT 5.1550 MILLS; PROVIDING AN EFFECTIVE DATE. THE LEVY OF 5.1550 MILLS CONSTITUTES A 4.31 % DECREASE FROM THE ROLLED BACK RATE OF 5.3874 MILLS. WHEREAS, the estimated revenue to be received by the City for the fiscal year beginning October 1, 2011, and ending September 30, 2012, from ad valorem taxes is $37,683,550; and WHEREAS, based upon the taxable value provided by the Pinellas County Property Appraiser, 5.1550 mills are necessary to generate $37,683,550; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section 1. It is hereby determined that a tax of 5.1550 mills against the non-exempt real and personal property within the City is necessary to raise the sums to be appropriated for operation purposes, including pensions and debt service, road capital improvement projects, for the fiscal year beginning October 1, 2011. rate. Section 2. The levy of 5.1550 mills constitutes a 4.31 % decrease from the rolled back Section 3. This ordinance shall take effect October 1, 2011. PASSED ON FIRST READING PASSED ON SECOND AND FINAL READING AND ADOPTED Frank V. Hibbard Mayor Approved as to form: Attest: Pamela K. Akin City Attorney Rosemarie Call City Clerk Ordinance No. 8284-11 2 11 12 AN N UAL P E RATI N APITAL I M PR VE M E NT BUD ET Se tem ber 2011 p GENERAL UTI LITY ENTERPRISE I NT SVC SPECIAL PGM CAP I TAL FY 2011 � 111 M 134 M 10M .. ►� 17M 53 M FY 2012 �109M 138 M 10M .. ►� 11 M 45 M TOTAL � 369 M � 357 M P&D 4% En Ad m/Ot h e r , , .� .� �_� — � ,s; - �e ,�� -- . , `����_ _ �� �� �� _ 109.1 Million Oth �'t _.----- � r,, % nd 109.1 Million $14 $12 $10 � $8 0 .� '~ $6 � � $4 �2 $0 2003 2005 2007 2009 2011 �. s � $50 0 '~ $4� � .� � 3� $ $ 2� $1� C. � �3��4 �5��5 �7��8 �9�' 1� 11�' 12 � � a e ae Current millage rate Tentatiue rate 5.1550 mills 5.1550 mills 4.31% decrease from rolled-back rate The tentatiue rate will prouide 1.4 million less propertytaxreuenuesforthe new budget year. � � ro ose e uc �ons � n .. os� �ons General Fund Utility Funds Other Enterprise 1 nternal Service Special Pro ram g TOTAL 23.5 4.2 .2 12.2 2.6 28.7 HOMESTEADED Taxable Value C i ty Taxes Taxable Value 2010 110,000 � 567 2011 111,650 � 576 200,000 203,000 I ncrease ,, �� C i ty Taxes � 1, 031 � 1, 046 � 15 NON-HOMESTEADED Taxable Value C i ty Taxes Taxable Value 2010 2011 110,000 106,700 $ 567 � 550 200,000 194,000 Decrease ($ 17) City Taxes � 1,031 � 1,000 (� 31) � Other ��. � �aeae � ty s � � u �c ear�n s e tem er 14 m r2 e te e 2 11 12 AN N UAL P E RATI N APITAL I M PR VE M E NT BUD ET Se tem ber 2011 p SUBJECT / RECOMMENDATION: Special City Council Agenda Council Chambers Special Budget Meeting Meeting Date:9/29/2011 Adopt Ordinance 8285-11 on second reading, adopting an Operating Budget for the fiscal year beginning October ], 2011 and ending September 30, 2012, authorizing the City Manager to issue such instructions that are necessary to achieve and accomplish the service programs so authorized; authorizing the City Manager to transfer monies and programs among the departments and activities within any fund as provided by Chapter 2 of the Clearwater Code of Ordinances. SUMMARY: Review Approval: 1) Clerk Cover Memo Attachment number 1 Page 1 of 2 OPERATING BUDGET ORDINANCE ORDINANCE NO. 8285-11 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, ADOPTING AN OPERATING BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2011, AND ENDING SEPTEMBER 30, 2012; AUTHORIZING THE CITY MANAGER TO ISSUE SUCH INSTRUCTIONS THAT ARE NECESSARY TO ACHIEVE AND ACCOMPLISH THE SERVICE PROGRAMS SO AUTHORIZED; AUTHORIZING THE CITY MANAGER TO TRANSFER MONIES AND PROGRAMS AMONG THE DEPARTMENTS AND ACTIVITIES WITHIN ANY FUND AS PROVIDED BY CHAPTER 2 OF THE CLEARWATER CODE OF ORDINANCES; PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Manager has submitted an estimate of the expenditures necessary to carry on the City government for the fiscal year beginning October 1, 2011, and ending September 30, 2012; and WHEREAS, an estimate of the revenues to be received by the City during said period from ad valorem taxes and other sources has been submitted to the City Council; and WHEREAS, a general summary of the operating budget, and notice of the times and places where copies of the budget message and operating budget are available for inspection by the public, was published in a newspaper of general circulation; and WHEREAS, the City Council has examined and carefully considered the proposed budget; and WHEREAS, in accordance with Chapter 2 of the Clearwater Code of Ordinances, the City Council conducted a public hearing in City Hall on September 14, 2011, upon said budget and tax levy; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA; Section 1. Pursuant to the City Manager's Annual Budget Report for the fiscal year beginning October 1, 2011, and ending September 30, 2012, a copy of which is on file with the City Clerk, the City Council hereby adopts a budget for the operation of the City, a copy of which is attached hereto as Exhibit A. Section 2. The budget as adopted shall stand and be the budget of the City for said fiscal year, subject to the authority of the City Council to amend or change the budget as provided by Section 2.519 of the Clearwater Code of Ordinances. Section 3. The City Manager is authorized and directed to issue such instructions and directives that are necessary to achieve and accomplish the service programs authorized by the adoption of this budget. Ordinance No. 8285-11 Attachment number 1 Page 2 of 2 Section 4. The City Manager is authorized for reasons of economy or efficiency to transfer part or all of any unencumbered appropriation balance among programs within an operating fund, provided such action does not result in the discontinuance of a program. Section 5. It is the intent of the City Council that this budget, including amendments thereto, is adopted to permit the legal appropriation and encumbering of funds for the purposes set forth in the budget. All appropriated and encumbered but unexpended funds at the end of the fiscal year may be expended during the subsequent fiscal year for the purposes for which they were appropriated and encumbered, and such expenditures shall be deemed to have been spent out of the current budget allocation. It shall not be necessary to reappropriate additional funds in the budget for the subsequent fiscal year to cover valid open encumbrances outstanding as of the end of the current fiscal year. Section 6. Should any provision of this ordinance be declared by any court to be invalid, the same shall not affect the validity of the ordinance as a whole, or any provision thereof, other than the provision declared to be invalid. Section 7. This ordinance shall take effect October 1, 2011. PASSED ON FIRST READING PASSED ON SECOND AND FINAL READING AND ADOPTED Approved as to form: Pamela K. Akin City Attorney Frank V. Hibbard Mayor Attest: Rosemarie Call City Clerk Ordinance No. 8285-11 EXHIBIT A CITY OF CLEARWATER 2011-12 BUDGETED REVENUE GENERAL FUND: Property Taxes Franchise Fees Utility Taxes Licenses, Permits & Fees Sales Tax Communications Services Tax Intergovernmental Charges for Services Fines & Forfeitures Interest Income Miscellaneous Interfund Charges/Transfers In Fund Reserves TOTALGENERALFUND SPECIAL REVENUE FUNDS: Special Development Fund Special Program Fund Local Housing Assistance Trust Fund ENTERPRISE FUNDS: Water & Sewer Fund Stormwater Utility Fund Solid Waste Fund Gas Fund Recycling Fund Airpark Fund Marine Fund Clearwater Harbor Marina Fund Parking Fund Harborview Center Fund INTERNAL SERVICE FUNDS: Administrative Services Fund General Services Fund Garage Fund Central Insurance Fund Actual Revenues 2009/10 41,995,263 10,539,828 13,573,547 3,699,439 5,266,788 6,106,744 13,425,020 3,816,188 601,340 1,131,066 1,223,261 27,738,172 129,116,656 12,967,268 11,939,460 85,378 67,520,960 16,299,383 19,290,373 37,658,051 2,931,448 602,508 4,066,201 7,114,999 5,133,772 415,578 9,271,533 5,006,938 12,050,395 18,091,913 Budgeted Revenues 2010/11 37,271,490 10,575,000 12,858,380 3,615,000 5,150,000 6,610,160 11,242,160 3,814,050 688,800 1,240,000 809,000 16,926,050 670,260 111,470,350 15,727,430 2,067,990 0 63,870,330 15,348,250 19,037,120 40,163,760 2,864,150 240,250 4,439,280 412,850 4,990,380 59,850 9,331,920 4,811,930 12,145,510 18,503,470 Attachment number 2 Page 1 of 2 Budgeted Revenues 2011/12 35,888,190 10,560,000 13,290,250 3,650,000 5,350,000 6,150,000 11,173,120 3,717,480 594,000 895,000 829,590 17,013,440 109,111,070 11,569,780 1,661,560 0 67,769,990 16,024,180 19,250,350 35,880,010 2,868,000 239,000 4,693,980 409,200 4,594,400 61,390 8,838,250 4,407,330 12,235,440 19,116,920 TOTAL ALL FUNDS 359,562,814 325,484,820 318,730,850 Ordinance #8285-11 EXHIBIT A (Continued) CITY OF CLEARWATER 2011-12 BUDGETED EXPENDITURES GENERAL FUND: City Council City Manager's Office City Attorney's Office City Audit Economic Development & Housing Engineering Equity Services Finance Fire Human Resources Library Marine & Aviation Non-Departmental Office of Management & Budget Official Records & Legislative Services Parks & Recreation Planning & Development Police Public Communications Public Services Allocation to Reserves TOTALGENERALFUND SPECIAL REVENUE FUNDS: Special Development Fund Special Program Fund Local Housing Assistance Trust Fund ENTERPRISE FUNDS: Water & Sewer Fund Stormwater Utility Fund Solid Waste Fund Gas Fund Recycling Fund Airpark Fund Marine Fund Clearwater Harbor Marina Fund Parking Fund Harborview Center Fund Actual Expenditures 2009/10 272,494 1,211,241 1,264,987 181,123 1,215,014 7,245,635 (8,530) 2,059,194 22,405,094 1,001,456 5,459,528 624,546 18,633,493 284,281 1,103,383 18,914,100 4,511,431 36,842,288 895,376 2,434,210 Budgeted Expenditures 2010/11 280,450 1,204,940 1,538,740 185,080 1,347,210 7,283,430 0 2,180,180 22,406,590 1,052,110 5,718,790 540,540 3,254,400 289,500 962,750 19,006,070 4,461,860 36,371,290 950,320 2,436,100 126,550,344 111,470,350 17,514,866 9,721,118 1,409,191 63,666,923 9,126,386 16,605,015 33,615,515 2,829,705 299,714 4,012,829 456,337 4,368,518 240, 533 15,621,530 1,817,990 0 63,870,330 14,496,950 17,963,990 34,886,010 2,864,150 188,560 4,414,770 410,760 4,463,390 59,850 Attachment number 2 Page 2 of 2 Budgeted Expenditures 2011/12 261,050 1,190,800 1,514,610 190, 340 1,199, 880 7,136,150 0 2,130,100 22,041,120 1,030,420 5,614,650 550, 530 3,079,970 293,740 1,018,520 19,408,310 4,517,140 35,109,050 885,430 1,647,430 291,830 109,111,070 9,921,960 1,411,560 0 67,769,990 15,778,720 17,748,050 33,831,830 2,820,990 165,730 4,666,240 366,810 4,261,720 61,390 INTERNAL SERVICE FUNDS: Administrative Services Fund 8,294,696 9,130,020 8,652,090 General Services Fund 4,889,089 4,811,930 4,407,330 Garage Fund 11,637,670 12,138,430 12,235,440 Central Insurance Fund 18,892,906 17,483,090 19,116,920 TOTAL ALL FUNDS 334,131,355 316,092,100 312,327,840 Ordinance #8285-11 SUBJECT / RECOMMENDATION: Special City Council Agenda Council Chambers Special Budget Meeting Meeting Date:9/29/2011 Adopt Ordinance 8286-11 on second reading, adopting the Capital Improvement Budget for the fiscal year beginning October 1, 20l 1 and ending September 30, 2012, approving the six-year Capital Improvement Program which shall be reevaluated at the beginning of each fiscal year, authorizing the City Manager to issue such instructions that are necessary to achieve and accomplish the capital improvements so authorized; autharizing the City Manager to transfer money between projects in the Capital Improvement Program; appropriating available and anticipated resources for the projects identified. SUMMARY: Review Approval: 1) Clerk Cover Memo Attachment number 1 Page 1 of 2 CAPITAL IMPROVEMENT ORDINANCE ORDINANCE NO. 8286-11 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, ADOPTING THE CAPITAL IMPROVEMENT PROGRAM BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2011, AND ENDING SEPTEMBER 30, 2012; APPROVING THE SIX-YEAR CAPITAL IMPROVEMENT PROGRAM WHICH SHALL BE REEVALUATED AT THE BEGINNING OF EACH FISCAL YEAR; AUTHORIZING THE CITY MANAGER TO ISSUE SUCH INSTRUCTIONS THAT ARE NECESSARY TO ACHIEVE AND ACCOMPLISH THE CAPITAL IMPROVEMENTS SO AUTHORIZED; AUTHORIZING THE CITY MANAGER TO TRANSFER MONEY BETWEEN PROJECTS IN THE CAPITAL IMPROVEMENT PROGRAM; APPROPRIATING AVAILABLE AND ANTICIPATED RESOURCES FOR THE PROJECTS IDENTIFIED; PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Manager has submitted a proposed Six-Year Capital Improvement Program, and has submitted an estimate of the amount of money necessary to carry on said Capital Improvement Program for the fiscal year beginning October 1, 2011, and ending September 30, 2012; and WHEREAS, an estimate of the resources available and income to be received by the City during said period from ad valorem taxes and other sources has been submitted to the City Council; and WHEREAS, a general summary of the Capital Improvement Budget, and notice of the times and places when copies of the budget message and capital budget are available for inspection by the public, was published in a newspaper of general circulation; and WHEREAS, the City Council has examined and carefully considered the proposed budget; and WHEREAS, in accordance with Chapter 2 of the Clearwater Code of Ordinances, the City Council conducted a public hearing in the City Hall upon said proposed budget on September 14, 2011; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section 1. Pursuant to the Capital Improvement Program Report and Estimated Budget for the fiscal year beginning October 1, 2011, and ending September 30, 2012, a Ordinance No. 8286-11 Attachment number 1 Page 2 of 2 copy of which is on file with the City Clerk, the City Council hereby adopts a budget for the capital improvement fund for the City of Clearwater, a copy of which is attached hereto as Exhibit A. Section 2. The Six-Year Capital Improvement Program and Budget, a summary of which is attached hereto, marked Exhibit B, is approved in its present form, but prior to the beginning of each fiscal year the City Council shall reevaluate priorities, hold public hearings and formally adopt additions or corrections thereto. Section 3. The budget as adopted shall stand and be the Capital Improvement Program Budget of the City for said fiscal year, subject to the authority of the City Council to amend or change the budget as provided by Section 2.519 of the Clearwater Code of Ordinances. Section 4. The City Manager is authorized and directed to issue such instructions and directives that are necessary to achieve and accomplish the capital improvements authorized by the adoption of this budget. Section 5. The City Manager is authorized to transfer appropriations within the capital budget, provided such transfer does not result in changing the scope of any project or the fund source included in the adopted capital budget. Section 6. Should any provision of this ordinance be declared by any court to be invalid, the same shall not affect the validity of the ordinance as a whole, or any provision thereof, other than the provision declared to be invalid. Section 7. This ordinance shall take effect October 1, 2011. PASSED ON FIRST READING PASSED ON SECOND AND FINAL READING AND ADOPTED AS AMENDED Frank V. Hibbard Mayor Approved as to form: Attest: Pamela K. Akin City Attorney Rosemarie Call City Clerk Ordinance No. 8286-11 Exhibit A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2011/12 GENERALSOURCES: General Operating Revenue General Revenue/County Coop Road Millage Penny for Pinellas Transportation Impact Fee Local Option Gas Tax Special Program Fund Grants - Other Agencies Donations SELF SUPPORTING FUNDS: Marine Revenue Clearwater Harbor Marina Fund Aviation Revenue Parking Revenue Utility System: Water Revenue Sewer Revenue Water Impact Fees Sewer Impact Fees Utility R & R Stormwater Utility Revenue Gas Revenue Solid Waste Revenue INTERNAL SERVICE FUNDS: Garage Revenue Administrative Services Revenue BORROWING - GENERAL SOURCES: Lease Purchase - General Fund BORROWING - SELF SUPPORTING FUNDS: Bond Issue - Water & Sewer BORROWING - INTERNAL SERVICE FUNDS: Lease Purchase - Garage Lease Purchase - Administrative Services TOTAL ALL FUNDING SOURCES: Attachment number 2 Page 1 of 2 Budgeted Revenues 2011/12 1,826,340 635,310 1,795,360 6,440,570 290,000 1,396,030 25,000 500,000 200,000 100,000 15,000 10,000 495,000 2,696,270 8,566,860 233,600 1,690,080 2,849,460 5,600,100 2,730,000 415,000 142,000 125,000 361,520 1,581,870 3,189,500 400,000 $44,309,870 Ordinance No. 8286-11 Exhibit A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2011/12 FUNCTION: Fire Protection Major Street Maintenance I ntersections Parking Misc Engineering Parks Development Marine Facilities Airpark Facilities Libraries Garage Maintenance of Buildings Miscellaneous Stormwater Utility Gas System Solid Waste Utilities Miscellaneous Sewer System Water System Budgeted Expenditures 2011 /12 6,270,580 3,326,390 435,000 445,000 35,000 1,660,500 530,000 10,000 935,310 3,390,750 343,100 595,000 5,600,100 2,700,000 415,000 10,000 12,380,000 5,228,140 TOTAL PROJECT EXPENDITURES $44,309,870 Attachment number 2 Page 2 of 2 Ordinance No. 8286-11 Attachment number 3 Page 1 of 1 Exhibit B CAPITAL IMPROVEMENT PROGRAM EXPENDITURE SUMMARY BY FUNCTION FY 2011-2012 THROUGH FY 2016-2017 CAPITAL IMPROVEMENT FUND CITY OF CLEARWATER Schedule of Planned Expenditures Function 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17 Total Fire Protection Major Street Maintenance Sidewalk and Bike Trails Intersections Parking Miscellaneous Engineering Land Acquisition Parks Development Marine Facilities Airpark Facilities Libraries Garage Maintenance of Buildings Miscellaneous Stormwater Utility Gas System Solid Waste Utilities Miscellaneous Sewer System Water System Recycling 6,270,580 2,397,630 3,326,390 3,370,820 435,000 435,000 445,000 150,000 35,000 35,000 1,660,500 530,000 10,000 935,310 3,390,750 343,100 595,000 5,600,100 2,700,000 415,000 10,000 12,380,000 5,228,140 1,237,500 530,000 10, 000 5,839,740 3,131,190 351,060 1,920,000 4,533,660 2,750,000 460,000 10,000 10,998,000 15,310,250 96,000 1,841,910 3,524,780 435,000 225,000 35,000 3,170,000 5,057,500 890,000 10,000 7,665,310 3,088,950 315,140 645,000 5,104,570 2,750,000 545,000 13,000 9,151,000 6,315,000 100,000 4,556,480 3,538,880 472,000 435, 000 225,000 5,460,000 1,072,500 890,000 10,000 685,270 3,147,910 334,350 645,000 7,042,670 2,750,000 546,000 10,000 12,570,370 5,925,000 100,000 1,699,330 3, 553,120 472,000 435,000 225,000 35,000 4,647,500 890,000 10,000 705,830 3,108,080 304,250 650,000 5,800,000 2,750,000 530,000 10,000 20,440,310 3,275,000 100,000 4,413,650 5,564,790 472,000 435,000 225,000 35,000 4,777,500 900,000 10,000 727, 010 3,169,490 338,860 650,000 5,800,000 2,750,000 490, 000 13,000 13,463,480 4,920,000 100,000 21,179,580 22,878,780 1,416,000 2,610,000 1,495,000 5,635,000 3,170,000 18,453,000 4,630,000 60,000 16,558,470 19,036,370 1,986,760 5,105,000 33,881,000 16,450,000 2,986,000 66,000 79, 003,160 40,973,390 496,000 44,309,870 53,565,850 50,882,160 50,416,430 49,640,420 49,254,780 298,069,510 Ordinance No. 8286-11 SUBJECT / RECOMMENDATION: Update on Property Acquisitions SUMMARY: Review Approval: 1) Clerk Special City Council Agenda Council Chambers Special Budget Meeting Meeting Date:9/29/2011 Cover Memo