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8586-14CAPITAL IMPROVEMENT ORDINANCE ORDINANCE NO. 8586-14 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, ADOPTING THE CAPITAL IMPROVEMENT PROGRAM BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2014, AND ENDING SEPTEMBER 30, 2015; 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, 2014, and ending September 30, 2015; 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 4, 2014; 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, 2014, and ending September 30, 2015, a Ordinance No. 8586 -14 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, 2014. PASSED ON FIRST READING AS AMENDED SEP 0 2014 PASSED ON SECOND READING AND ADOPTED Approved as to form: SEP 1 8 2014 qeof‘e AC(' Atk George N. Cretekos Mayor Attest: Pamela K. Ak City Attorney Rosemarie CaII City Clerk Ordinance No. 8586 -14 Exhibit A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2014/15 Budgeted Revenues GENERAL SOURCES: 2014/15 General Operating Revenue 2,345,100 General Revenue /County Co-op 635,000 Road Millage 1,920,480 Penny for Pinellas 6,972,740 Transportation Impact Fee 190,000 Local Option Gas Tax 1,424,090 Special Program Fund 35,000 Donations 100,000 SELF SUPPORTING FUNDS: Marine Revenue 120,000 Clearwater Harbor Marina Fund 15,000 Airpark Revenue 15,000 Parking Revenue 357,500 Utility System: Water Revenue 4,764,700 Sewer Revenue 5,900,460 Water Impact Fees 10,300 Sewer Impact Fees 12,460 Utility R & R 3,397,460 Stormwater Utility Revenue 5,804,850 Gas Revenue 4,000,000 Solid Waste Revenue 520,000 Recycling Revenue 90,000 INTERNAL SERVICE FUNDS: Garage Revenue 232,000 Administrative Services Revenue 710,000 BORROWING - GENERAL SOURCES: Lease Purchase - General Fund 1,014,400 BORROWING - SELF SUPPORTING FUNDS: Lease Purchase - Water & Sewer 232,000 BORROWING - INTERNAL SERVICE FUNDS: Lease Purchase - Garage 7,265,000 Lease Purchase - Administrative Services 400,000 TOTAL ALL FUNDING SOURCES: $48,483,540 Ordinance No. 8586 -14 FUNCTION: Exhibit A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2014/15 Budgeted Expenditures 2014/15 Police Protection 1,775,000 Fire Protection 5,007,240 Major Street Maintenance 3,369,570 Sidewalk and Bike Trails 472,000 Intersections 335,000 Parking 287,500 Miscellaneous Engineering 35,000 Parks Development 1,860,000 Marine Facilities 548,000 Airpark Facilities 15,000 Libraries 635,000 Garage 7,697,000 Maintenance of Buildings 645,000 Miscellaneous 1,070,000 Stormwater Utility 5,804,850 Gas System 4,000,000 Solid Waste 520,000 Utilities Miscellaneous 110,000 Sewer System 7,617,380 Water System 6,590,000 Recycling 90,000 TOTAL PROJECT EXPENDITURES $48,483,540 Ordinance No. 8586 -14 Exhibit B CAPITAL IMPROVEMENT PROGRAM EXPENDITURE SUMMARY BY FUNCTION FY 2014 -2015 THROUGH FY 2019 -2020 CAPITAL IMPROVEMENT FUND CITY OF CLEARWATER Function Schedule of Planned Expenditures 2014/15 2015/16 2016/17 2017/18 2018/19 2019/20 Total Police Protection 1,775,000 1,775,000 Fire Protection 5,007,240 1,526,390 4,750,820 2,738,130 5,443,940 1,391,340 20,857,860 Major Street Maintenance 3,369,570 3,303,120 5,314,790 5,301,540 5,301,540 3,301,540 25,892,100 Sidewalk and Bike Trails 472,000 472,000 472,000 472,000 472,000 473,250 2,833,250 Intersections 335,000 335,000 335,000 331,990 315,410 315,400 1,967,800 Parking 287,500 10,081,000 290,500 281,000 282,500 284,000 11,506,500 Miscellaneous Engineering 35,000 35,000 35,000 35,000 35,000 2,460,000 2,635,000 Parks Development 1,860,000 2,859,000 3,537,000 3,345,840 4,900,000 6,920,000 23,421,840 Marine Facilities 548,000 488,000 498,000 503,000 503,000 512,000 3,052,000 Airpark Facilities 15,000 15,000 115,000 15,000 1,215,000 15,000 1,390,000 Libraries 635,000 707,500 665,000 665,000 665,000 665,000 4,002,500 Garage 7,697,000 4,060,970 3,120,970 3,082,190 3,144,660 3,208,400 24,314,190 Maintenance of Buildings 645,000 345,050 355,400 366,060 1,927,050 838,380 4,476,940 Miscellaneous 1,070,000 7,700,000 950,000 950,000 980,000 1,355,000 13,005,000 Stormwater Utility 5,804,850 5,818,550 5,825,100 5,831,860 6,325,950 6,729,430 36,335,740 Gas System 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 24,000,000 Solid Waste 520,000 510,000 510,000 510,000 510,000 510,000 3,070,000 Utilities Miscellaneous 110,000 60,000 20,000 20,000 20,000 20,000 250,000 Sewer System 7,617,380 17,571,000 17,617,420 25,610,000 37,600,000 19,400,000 125,415,800 Water System 6,590,000 15,970,000 5,485,000 9,705,000 6,635,000 6,745,000 51,130,000 Recycling 90,000 90,000 100,000 100,000 100,000 100,000 580,000 48,483,540 75,947,580 53,997,000 63,863,610 80,376,050 59,243,740 381,911,520 Ordinance No. 8586 -14