Loading...
8703-15ORDINANCE NO. 8703-15 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING THE CAPITAL IMPROVEMENT BUDGET FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2015, TO REFLECT A NET INCREASE OF $8,578,044 PROVIDING AN EFFECTIVE DATE. WHEREAS, the Capital Improvement Budget for the fiscal year ending September 30, 2015 was adopted by Ordinance No. 8586 -14; and WHEREAS, Section 2.519 of the Clearwater Code authorizes the City Council to provide for the expenditure of money for proper purposes not contained in the budget as originally adopted due to unforeseen circumstances or emergencies arising during the fiscal year; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA; Section 1. Section 1 of Ordinance No. 8586 -14 is amended to read: Pursuant to the First Quarter Amended Capital Improvement Program Report and Estimated Budget for the fiscal year beginning October 1, 2014 and ending September 30, 2015, a copy of which is on file with the City Clerk, the City Council hereby adopts a First Quarter Amended budget for the capital improvement fund for the City of Clearwater, a copy of which is attached hereto as Exhibit A. Section 2. This ordinance shall take effect immediately upon adoption. MAR 1 9 2015 PASSED ON FIRST READING PASSED ON SECOND AND FINAL READING AND ADOPTED Approved as to form: APR - 2 2015 -14C'' George N. Cretekos, Mayor Attest: kio L� Pamela K. Akin, City Attorney Rosemarie Call, City Clerk 55 Ordinance No. 8703 -15 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2014/15 First Qtr Original Amended Budget Budget 2014/15 2014/15 Amendments Police Protection 1,775,000 1,775,000 Fire Protection 5,007,240 4,975,211 (32,029) New Street Construction Major Street Maintenance 3,369,570 3,369,570 Sidewalk and Bike Trail 472,000 472,000 Intersections 335,000 335,000 Parking 287,500 287,500 Miscellaneous Engineering 35,000 35,000 Land Acquisition - 235,000 235,000 Park Development 1,860,000 3,330,514 1,470,514 Marine Facilities 548,000 548,000 Airpark Facilities 15,000 140,000 125,000 Libraries 635,000 635,000 Garage 7,697,000 7,697,000 Maintenance of Buildings 645,000 645,000 Miscellaneous 1,070, 000 1,070,000 Stormwater Utility 5,804,850 9,254,335 3,449,485 Gas System 4,000,000 4,810,000 810,000 Solid Waste 520,000 1,504,275 984,275 Utilities Miscellaneous 110,000 110,000 Sewer System 7,617,380 8,137,454 520,074 Water System 6,590,000 6,590,000 Recycling 90,000 1,105,725 1,015,725 TOTAL PROJECT EXPENDITURES 48,483,540 57,061,584 8,578,044 Ordinance # 8703 -15 56 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2014/15 First Qtr Original Amended Budget Budget 2014/15 2014/15 Amendments GENERAL SOURCES: General Operating Revenue 2,345,100 3,999,285 1,654,185 General Revenue /County Co-op 635,000 635,000 Road Millage 1,920,480 1,920,480 Penny for Pinellas 6,972,740 7,247,740 275,000 Transportation Impact Fee 190,000 190,000 Recreation Land Impact Fees - 230,300 230,300 Local Option Gas Tax 1,424,090 1,424,090 Special Program Fund 35,000 35,000 Grants - Other Agencies - - Other Governmental 554,397 554,397 Property Owner's Share - Donations 100,000 125,000 25,000 Contributions 324,000 324,000 Developer Public Art Contribution SELF SUPPORTING FUNDS: Marine Revenue 120,000 120,000 Clearwater Harbor Marina Revenue 15,000 15,000 Airpark Revenue 15,000 15,000 Parking Revenue 357,500 357,500 Utility System: Water Revenue 4,764,700 4,764,700 Sewer Revenue 5,900,460 5,900,460 Water Impact Fees 10,300 10,300 Sewer Impact Fees 12,460 12,460 Utility R&R 3,397,460 3,397,460 Stormwater Utility Revenue 5,804,850 5,804,850 Gas Revenue 4,000,000 4,000,000 Solid Waste Revenue 520,000 1,520,000 1,000,000 Recycling Revenue 90,000 1,090,000 1,000,000 Grants - Other Agencies 3,512,457 3,512,457 INTERNAL SERVICE FUNDS: Garage Revenue 232,000 232,000 Administrative Services Revenue 710,000 710,000 Ordinance # 8703 -15 57 EXHIBIT A CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR 2014/15 First Qtr Original Amended Budget Budget 2014/15 2014/15 Amendments BORROWING - GENERAL SOURCES: Lease Purchase - General Fund 1,014,400 1,014,400 BORROWING - SELF SUPPORTING FUNDS: Lease Purchase - Water 155,000 155,000 Lease Purchase - Sewer 77,000 79,705 2,705 Lease Purchase - Stormwater Bond Issue - Water & Sewer BORROWING - INTERNAL SERVICE FUNDS: Lease Purchase - Garage Lease Purchase - Administrative Services 7,265,000 400,000 7,265,000 400,000 TOTAL ALL FUNDING SOURCES: 48,483,540 57,061,584 8,578,044 Ordinance # 8703 -15 58