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HomeMy WebLinkAboutPR 16803: TRANSFER OF FUNDS TO DEMOLITION DEPARTMENT M em o To: Stephen Fitzgibbons, City Manager From: Rebecca Underhill, Assistant City Manag. �'£ nistr• rsn Date: November 29, 2011 Re: P.R. 16803 RECOMMENDATION: I recommend that the City Council adopt Proposed Resolution 16803 to reprogram Community Development Block Grant funds from the following projects: Code Enforcement, account number 105- 1431 - 552.59 -00- Project# C33121 and C34121 Demolition, account number 105 - 1431 - 552.59 -00- Project# C34120 to Demolition, account number 105 - 1431 - 552.59 -00- Project# C36120. BACKGROUND: Transfer of funds in the amount of $112,491.82 to the City of Port Arthur Demolition Department is needed to consolidate projects. Currently, these funds are utilized for demolition activities that are ineligible for the Ike Recovery funding. BUDGETARY /FISCAL IMPACT: Community Development Block Grant funds are available to fund this Resolution. SUMMARY: I recommend that the City Council adopt Proposed Resolution 16803 that approves the reprogramming of funds to the City of Port Arthur Demolition Department Budget in the amount of $112,491.82. 1 P. R. 16803 11/29/11 ME- Grants Management RESOLUTION NUMBER A RESOLUTION AUTHORIZING THE TRANSFER OF FUNDS IN THE AMOUNT OF $112,491.82 FROM THE FOLLOWING ACTIVITIES, CODE ENFORCEMENT, PROJECT# C33121, AND C34121, AND DEMOLITION, PROJECT# C34120, TO THE CITY OF PORT ARTHUR DEMOLITION DEPARTMENT, PROJECT# C36120. WHEREAS, it is in the best interest of the City that CDBG funds be transferred from the balance of the following projects, Code Enforcement 105- 1431 - 552.59 -00, Project# C33121, and C34121, Demolition account number 105- 1431 - 552.59 -00, Project# C34120, to the City of Port Arthur Demolition Department Budget, in the amount of $112,491.82, account number 105 - 1431 - 552.59 -00, Project# C36120; and, WHEREAS, the funds are reprogrammed, in the amount of $112,491.82, as outlined in Exhibit "A" attached hereto to account #105- 1431 - 552.59 -00, Project# C36120, City of Port Arthur Demolition Department, as to increase their budget by $112,491.82 for the 2011 program year; and, WHEREAS, the CDBG projects will consolidate to one project; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR: THAT the City Council approves the transfer of CDBG funds in the amount of $112,491.82 from the accounts, as delineated in Exhibit "A" attached hereto, to the City of Port Arthur Demolition Department Budget, account number 105- 1431 - 552.59 -00, Project# C36120. THAT a copy of the caption of this Resolution be spread upon the minutes of the City Council. READ, ADOPTED AND APPROVED this day of A.D., 2011 at a Regular Meeting of the City Council of the City of Port Arthur, Texas by the following vote: AYES: MAYOR NOES: MAYOR ATTEST: CITY SECRETARY APPROVED F • R FORM: / CITY AT i E APPROVED FOR ADMINISTRATION: CITY MANAGER CDBG BALANCE TO REPROGRAM Current Budget —City of Port Arthur Demolition Department $100,000.00 New Budget — City of Port Arthur Demolition Department $212,491.82