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HomeMy WebLinkAbout2017-06-13; City Council; Resolution 2017-114RESOLUTION NO. 2017-114 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CARLSBAD, CALIFORNIA, APPROVING ADJUSTMENTS TO THE FY 2016-17 CAPITAL IMPROVEMENT PROGRAM AND OPERATING BUDGET. EXHIBIT 11 WHEREAS, a transfer of $197,000 from the General Fund to the Fleet Replacement Fund, for increases in vehicle replacement costs, is recommended; and WHEREAS, a transfer of $728,000 from the Information Technology Operating Fund to the Information Technology Replacement Fund, to fund estimated replacement costs, is recommended; and WHEREAS, an increase of $95,500 to the Golf Course operating budget for the College Boulevard slope repair and stabilization expenditures, Palomar Way streetscape expenditures, and HVAC replacement expenditures is recommended; and WHEREAS, a transfer of $10.5 million from the General Fund to the General Capital Construction Fund, for the Fire Station Replacement No. 2 capital project is recommended; and WHEREAS, developer contributions in the amount of $204,871 were previously received and deposited in the Gas Tax Fund to pay a fair share portion of intersection improvements on Palomar Airport Road, and the CIP projects related to these improvements were later programmed in the TransNet Fund, and a cash transfer of $204,871 from the Gas Tax Fund to the TransNet Fund is now needed; and WHEREAS, on November 4, 2004, San Diego County voters approved the TransNet Extension and pursuant to the annual audit requirements of the TransNet Extension, any transfers made between TransNet projects must be approved by the governing body and a needed transfer in the amount of $5,175, between TransNet projects, was identified as of June 30, 2016. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Carlsbad, California, as follows: 1. That the above recitations are true and correct. 2. That the City Council of the City of Carlsbad, California, does hereby authorize a transfer of $197,000 from the General Fund to the Fleet Replacement Fund to pay for increases in vehicle replacement costs. 3. That the City Council of the City of Carlsbad, California, does hereby authorize a transfer of $728,000 from the Information Technology Operating Fund to the Information Technology Replacement Fund to fund estimated equipment replacement costs. 4. That the City Council of the City of Carlsbad, California, does hereby authorize an appropriation of $95,500 to the Golf Course operating budget to pay for the College Boulevard slope repair and stabilization expenditures, Palomar Way streetscape expenditures, and HVAC replacement expenditures. 5. That the City Council of the City of Carlsbad, California, does hereby authorize a transfer of $10.5 million from the General Fund to the General Capital Construction Fund, for the Fire Station Replacement No. 2 capital project. 6. That the City Council of the City of Carlsbad, California does hereby authorize a transfer of developer contributed funds in the amount of $204,871 from the Gas Tax Fund to the TransNet Fund. 7. That the City Council of the City of Carlsbad, California does hereby authorize a transfer of the remaining cash balance of $5,175 from completed TransNet project CB18, Carlsbad Boulevard Bridge-Railroad to active TransNet project CB17, Carlsbad Boulevard Bridge-Powerplant. PASSED, APPROVED AND ADOPTED at a Joint Special Meeting of the Carlsbad City Council, Carlsbad Municipal Water District Board of Directors, Carlsbad Public Financing Authority Board of Directors, Community Development Commission, and City of Carlsbad as Successor Agency to the Redevelopment Agency, held on the 13th day of June, 2017, by the following vote to wit: AYES: NOES: ABSENT: M. Hall, K. Blackburn, M. Schumacher, C. Schumacher, M. Packard None. None. ATTEST: