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HomeMy WebLinkAboutAgenda Report - July 7, 1993 (62)y OF O� CITY OF LODI COUNCIL, COMMUNICATION ca,F •* AGENDA TITLE: Consider Reallocating Community Development Block Grant (CDBG) Funds from Several Prior Years Accounts to the Hale Park Project Account MEETING DATE: July 7, 1993 PREPARED BY: Community Development Director RECOMMENDED ACTION: That the City Council approve the reallocation of $80,000 from several prior years accounts into the 1992-93 Hale Park account No. 45.7-760.60. This is to cover a shortfall that occurred due to several change orders. Staff is requesting that the reallocation be made retroactive to June 30, 1993 ,so the books can be closed out properly. BACKGROUND INFORMATION: The original allocation for the Hale Park project was approximately $524,000. Several change orders have increased costs beyond original estimates creating the shortfall. All of the requested funds will come from CDBG accounts which have outstanding balances. The reallocation are as follows: Administration/45.5-301.01 $24,481.74 Fair Housing/45,5-301.02 5,000.00 Code Enforcement/45.5-301.03 10,494.77 Hutchins Senior Garden/45.5-350.75 4,868.31 Public Safety Program/45.50503.04 19,407.24 Code Enforcement/45.6-301.03 16,000.00 $80,000.00 These accounts will be closed out and the balances transferred to the 92-93 Hale Park account No. 45.7-760.60. FUNDING: CDBG Jai es B. Sch eder `E6rtmunity Development Director Prepared by Eric W. Veerkamp JBS/EWV/cg APPROVED: ` THOMAS A. PETERSON recycled Oapel City Manager — A CC•t CCCD93.32/TXT0.01C RESOLUTION NO. 93-90 s========ss=s====a== A RESOLUTION OF THE LODI CITY COUNCIL APPROVING THE REALLOCATION OF COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS INTO THE HALE PARK PROJECT ACCOUNT aaxaxaaxxzxxss=x=aassxcxasxaz=xxaaaaxssxmaaassxsaaaacaaaaasaasxsaasazaa RESOLVED, that the Lodi City Council hereby approves the reallocation of $80,000 from several prior years accounts of Community Development Block Grant (CDBG) funds retroactive to June 30, 1993, into the 1992-93 Hale Park account to cover a shortfall that occurred due to several change orders, as follows: Administration/45.5-301.01 $24,481.74 Fair housing/45.5-301.02' 5,000.00 Code Enforcement/45.5-301.03 10,494.77 Hutchins Senior Garden/45.5-350.75 4,868.31 Public Safety Program/45.50503.04 19,407.24 Code Enforcement/45.6-301.03 16,000.00 $80,000.00 Dated: July 7, 1993 zxsxaa=xx=xs=saaxaxxxxxa=zxs===aaxaxsxxxaasx=xaa=sasasszazaxxaazzsazzas I hereby certify that Resolution No. 93-91 was passed and adopted by the Lodi City Council in a regular meeting held July 7, 1993 by the following vote: Ayes: Council Members - Davenport, Mann, Sieglock, Snider, nd Pennino (Mayor) Noes: Council Members - None Absent: Council Members - None ifer ��rin C y Clerk 93-91 RES9390/TXTA.02J CITY OF LODI SPECIAL ALLOCATION REQUEST TO: Finance Director DATE: July 7, 1993 FROM: City Clerk PROJECT NUMBER: Request is made for funds to accomplish the following project which was not included in the current budget: Description of Proiect Estimated Cost Reallocation of Community Development Block Grant (CDBG) funds from several prior years, accounts to the Hale Park Proyect Account: 45.5-301.01 (Administration) $24,481.74 45.5-301.02 (Fair Housing) 5,000.00 45.5-301.03 (Code Enforcement) 10,494.77 45.5-350.75 (Hutchins Senior Garden) 4,868.31 45.5-503.04 (Public Safety Program) 19,407.24 45.6-301.03 (Code Enforcement) 16.000.00 $80,000.00 Approved by the City Council - July 7. 1993 (If you need more space, use additional sheet and attach to this form) FUND OR ACCOUNT TO BE CHARGED Current Budget $ Contingent Fund $ Prior Year Reserve $ General Fund Surplus $ Capital Outlay Reserve $ Gas Tax Fund $ Utility Outlay Reserve $ Hotel/Motel Tax Reserve - $ General Fund Operating Reserve $ Dixon Flynn, Finance Director Other (Election) $ ifer� �errin Y Clerk Submit this form in duplicate to the Finance Director. Distribution after approval will be as follows: 1) Originating Department 2) Finance Department or v` CITY OF LODI COUNCIL COMMUNICATION AGENDA TITLE: Consider Reallocating Community Development Block Grant (CDBG) Funds from Several Prior Years Accounts to the Hale Park Project Account MEETING DATE: July 7, 1993 PREPARED BY: Community Development Director RECOMMENDED ACTION: That the City Council approve the reallocation of $80,000 from several prior years accounts into the 1992-93 Hale Park account No. 45.7-760.60. This is to cover a shortfall that occurred due to several change orders. Staff is requesting that the reallocation be made retroactive to June 30, 1993 so the books can be closed out properly. BACKGROUND INFORMATION: The original allocation for the Hale Park project was approximately $524,000. Several change orders have increased costs beyond original estimates creating the shortfall. All of the requested funds will come from CDBG accounts which have outstanding balances. The reallocation are as follows: Administration/45.5-301.01 $24,481.74 Fair Housing/45.5-301.02 5,000.00 Code Enforcement/45.5-301.03 10,494.77 Hutchins Senior Garden/45.5-350.75 4,868.31 Public Safety Program/45.50503.04 19,407.24 Code Enforcement/45.6-301.03 16,000,00 $80,000.00 These accounts will be closed out and the balances transferred to the 92-93 Hale Park account No. 45.7-760.60. FUNDING: CDBG Prepared by Eric W. Veerkamp JBS/EWV/cg (Ao J Ja s B. Sch eder mmunity Development Director APPROVED. Q - THOMAS A. PETERSON recycled paver City Manager J CC -1 CCCD93.32/TXTD.01C