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HomeMy WebLinkAboutPO 6550: PROJECT FOR PEOPLE'S PARK, CONTRIBUTION FROM THE MARDI GRAS PLANNING COMMITTEE, EDC Energy City of City W P.O. No. 6550 \�\ �Jl JWD 4/27/16 eh vii/ nrt rthur� Texas INTEROFFICE MEMORANDUM FINANCE DEPARTMENT FINANCE ADMINISTARTION DIVISION Date: April 27, 2016 To: Brian McDougal, City Manager From: Jerry W. Dale, Finance Director RE: Proposed Ordinance No. 6550 Nature of the Request: This is a companion appropriation to P.R. 19380 in which The Parks and Recreation Department is requesting approval of a professional services contract for the capital improvement project for the design and construction of the Peoples Park and Pavilion. The professional services contract includes the cost for the architectural firm and low bidder for construction. The total project cost of$972,800, also includes funds for the 10% contingency required by the City, ADA Review, and Site Concrete Testing. The City is funding a Match in the amount of $362,800 as additional funding support to the EDC's appropriated funding of $600,000, and a$10,000 donation from the Port Arthur Mardi Gras Planning Committee. Staff Analysis, Considerations: The General Liability Fund has built up a level of net assets in excess of what is needed in that fund. Recommendation: I recommend that the City Council approve Proposed Ordinance No. 6550 authorizing a budget amendment in the General Liability Insurance Fund to fund the City's portion, $362,800 of the total project cost of$972,800 from the General Liability Fund. Budget Considerations: This Capital Improvement Project will be charged to the Economic Development Corporation Fund No.: 120-1429-582.59-05; - 4B Development. Project Number: will be ordinance number upon approval by City Council. P. O. NO. 6550 JWD 04.27.16 eh ORDINANCE NO. AN APPROPRIATION ORDINANCE AMENDING THE CITY OF PORT ARTHUR BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2015 AND ENDING SEPTEMBER 30, 2016 BY $372,800.00 TO FUND A 4B DEVELOPMENT PROJECT FOR PEOPLE'S PARK AND CAPITAL IMPROVEMENT PROJECT, INCREASING TRANSFERS-OUT OF THE GENERAL LIABILITY INSURANCE FUND BY $362,800.00 INTO THE ECONOMIC DEVELOPMENT CORPORATION FUND, RECOGNIZING A CONTRIBUTION FROM THE MARDI GRAS PLANNING COMMITTEE IN THE AMOUNT OF $10,000.00, FOR THE FUNDING OF THE CONTRACT FOR ARCHITECTURAL PROFESSIONAL SERVICES IN THE AMOUNT OF $972,800.00 WITH $600,000.00 APPROPRIATED IN THE ECONOMIC DEVELOPMENT CORPORATION FUND 4B DEVELOPMENT ACCOUNT. FUNDS ARE AVAILABLE IN ACCOUNT NUMBER: 120-1429-582.59-05-4B DEVELOPMENT, ECONOMIC DEVELOPMENT CORPORATION FUND. WHEREAS, in accordance with Article XII, Section 9, of the City Charter, the City Council may make emergency appropriations from time to time; and WHEREAS, the City Council may make budget amendments for emergencies under Section 102.009 and for Municipal purposes under Section 102.010 Local Government Code; and WHEREAS, on September 21, 2015, the City Council approved and adopted Ordinance 15-44 which appropriated the 2015-2016 Economic Development Corporation budget; and WHEREAS, on November 10, 2015,the City Council approved and adopted Ordinance 15-52 which amended the original Economic Development Corporation Fund appropriation for the 2015-2016 EDC budget; and WHEREAS, on May 3, 2016, P.R. No. 19380 is on the City Council Agenda for approval, which requires a formal appropriation,through a budget amendment. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That the following funds/departments Budget be increased/ (decreased) as shown: General Liability Fund (Transfer-Out) $ 362.800 Economic Development Fund Transfer-In $ 362,800 Contribution from Mardi Gras Committee $ 10,000 Economic Development Corporation Fund EDC Fund $ 372,800 [4B Development—Peoples Park and Pavilion Project] Section 3. That Section 13 of Ordinance 15-43 be amended to read: That there be and is hereby appropriated the sum of Three Hundred Seventy-Two Thousand, Eight Hundred Dollars ($372,800) to Economic Development Corporation Fund for the payment of the eligible expenses for the Peoples Park and Pavilion Capital Improvement Project. Section 4. That a copy of the caption of this Ordinance be spread upon the minutes of the City Council. Section 5. That this Ordinance shall be effective immediately. READ, ADOPTED, AND APPROVED, this day of May, 2016, AD, at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES: Mayor: Councilmembers: NOES: Deloris Prince, Mayor ATTEST: Sherri Bellard, City Secretary APPROVED AS TO FORM: Valecia Tize• • ity A ttorney APPROVED FOR ADMINISTRATION: Brian McDougal, City Manager APPROVED AS TO AVAILABILITY OF FUNDS: % Xf 4 / //g Jerry W. 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