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Home My WebLink About157-01 RESOLUTION• • RESOLUTION NO. 157-01 A RESOLUTION APPROVING THE TRANSFER OF FUNDS IN THE AMOUNT OF TWELVE THOUSAND FOUR HUNDRED SEVENTY-ONE DOLLARS ($12,471.00) TO OZARK REGIONAL TRANSIT, INC. AND APPROVING A BUDGET ADJUSTMENT IN THE ABOVE AMOUNT FOR SAME. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the City Council hereby approves the transfer of funds in the amount of Twelve Thousand Four Hundred Seventy -One Dollars ($12,471.00) to Ozark Regional Transit, Inc. Section 2. That the City Council hereby approves a Budget Adjustment in the above amount for same. PASSED and APPROVED this 3rd day of December , 2001 APPROVED: By: AL DAN COODY, M ATHER WOODRUFFty Clerk NAME OF FILE: CROSS REFERENCE: Resolution No. 157-01 12/03/01 Resolution No. 157-01 12/03/01 Copy of Budget Adjustment Form 12/03/01 Departmental Correspondence to Fay. City Council from Mayor Coody regarding Emergency Appropriation - Ozark Regional Transit, Inc. 12/03/01 Memorandum to Mayor Coody from Len Brandrup, Transit Director, regarding Request for Advance on FareShare Support 12/03/01 Fax from Len Brandrup, Transit Director, to Kay Swanner, Mayor's Office 12/03/01 Staff Review Form 12/04/01 Memo to Hugh Earnest, Urban Development, from Heather Woodruff, City Clerk NOTES: City of Fayetteville, Arkansas • Budget Adjustment Form RES. 10- Budget 3/ Budget Year 2001 Department: General Government Division: Miscellaneous Program: Miscellaneous Date Requested 12/03/2001 Adjustment # Project or Item Requested: $12,471 is requested in the tranfer to Ozark Regional Transit account. Project or Item Deleted: None. Use of Fund Balance is proposed. COPY Justification of this Increase: The item is requested because ORT needs the funds to pay employees for December, 2001. Justification of this Decrease: Sufficient cash and investments exist in the fund to fund this expenditure and comply with City policy. Increase Expen e (Decrease Revenue) Account Name Amount Account Number Project Number Transfer to ORT, Inc 12,471 1010 6600 5723 00 Decrease Expense (Increase Revenue) Account Name Amount Account Number Project Number Use of Fund Balance 12,471 1010 0001 4999 99 Approval Signatures Requ sted By Date Budget Manager Date Department Director ^� Date i?II�i& j AdmiServices Director n Date Date Mayor Budget Office Use Only Type: A B C CD) E Date of Approval Posted to General Ledger Posted to Project Accounting Entered in Category Log Blue Copy: Budget & Research / Yellow Copy: Requester � H:IBUDGE71PROJECTSIBUD_ADJIBA_20011ORT INC.WK4 �e s N 03-14 ar 0.{104044 5 �et/tt c 1 y 6- Th .. FAYETTEVILLE THE CITY OF FAYETTEVILLE, ARKANSAS DEPARTMENTAL CORRESPONDENCE TO: FROM: Dan Coody, Mayor DATE: December 3, 2001 SUBJECT: Emergency Appropriation - Ozark Regional Transit, Inc Fayetteville City Council Ozark Regional Transit, Inc notified the City on Friday that they would need funds to make payroll for Tuesday, December 4, 2001. This morning, City staff received a fax transmission from Ozark Regional Transit, Inc that requests $12,471.00 to meet payroll expense between now and January 1, 2002. I request that City Council approve a budget adjustment in an amount not to exceed $12,471.00 and approve the disbursement of the funds to Ozark Regional Transit, Inc. H:\BUDGET\PROJECTS\transKUteg_Tran\emergency appropriation ort dec 2001.wpd Dec 03-01 10:25A Ozarill Regional Transit 1 III756 2901 P-02 Ozark Regional Transit, Inc. P.O. Box 785 2423 Last Robinson Springdale, Arkansas 72765-0785 Memorandum to: Mayor Dan Goody, City of Fayetteville From: Len Brandrup, Transit Director Reference: Request for Advance on FareShare Support Date: December 3, 2001 The memorandum will serve as an understanding that the $12,471 being requested from the City of Fayetteville to Ozark Regional Transit, Inc. represents the first quarter installment of the FY 2002 FareShare request in the amount of S49,886 that has been requested from the City of Fayetteville. This request is being made at this time to assist us in cash flow needs given that we are in a start up mode and operating on a reimbursement basis. We have receivables from the State of Arkansas and other agencies we have contracts with outstanding also and appreciate this assistance. Again, we appreciate your help in the funding of our cash flow needs. 1'elcphonc (501) 756.9109 Fax (501) 756-2901 fr n Dec -03-01 1O:25A OzarSRegional Transit 1 511 756 2901 P.O1 Ozark Regional Transit 2423 E. Robinson Ave., Springdale, AR 72764 FAX itimpommmlIMIEZMMIMMINa To: (C Phone: C — 733C Fax phone: S7; - rZS7 CC: Date: Number of pages including cover sheet: 3 From: L. ‘ - Phone: '(501) 756-9109 x24 Fax phone: (501) 756-2901 REMARKS: D Urgent Q For your review 0 Reply ASAP CI Please comment of L44-4— LAI - Dec -03-01 10:25A Ozar4Regional Transit 1 54 756 2901 P-03 NTOMER =K.TEMENT CITY V!' FAYETT 12.01 nl 1001 0111i1L3 Aarlt ra•i C.ii.y of ?avettCufll- 11! Nee: M.uunr. tin FAYETTE✓II.I.v Av.'0:701 D111 rwmtt r Gate i AiC Cate Erg iuninq BnICLIce 0031: id 01 01 12 n: dl ei1L:ry Addrre9 City ter i-py[ttevll-r 111 'wr•.0c MOunta/a eanr7'n:TLLC AS. :r.r.•. Torn; Due 3e2var.r Aadeeee City 01 Fay/mire/111e New +i113nn 11 4/1.00 P.mrnent a/Aa]t.t Lmer L:. current Balnnrr• IO. 12.471.00 .00 12,111.00 .ee 1 ,471,00 i.1IS9OMS'i STATEMENT Beg inti 119 Aalanc e tote; 00r 00 city Cr PAYETT 12-01-01 1001 Se[var Addreea Qty ul Fayetteville Nn• willing PnyfInerP/A(lplelrceis.. Current Dalanar ii.401 .00 BAD COPIES 00 12 471.00 • • STAFF REVIEW FORM XX AGENDA REQUEST CONTRACT REVIEW GRANT REVIEW For the Fayetteville City Council meeting of December 3, 2001 FROM: Hugh Earnest Name Urban Development Division Urban Development Department ACTION REQUIRED: Approve\a budget adjustment and authorizing a transfer to Ozark Regional Transit, Inc. COST TO CITY: $12,471.00 Cost of this Request 1010-6600-5723-00 Account Number Project Number 305,130.00 Transfers Program/Project Budget Category/Project Name 305,130.00 Miscellaneous Funds Used To Date Program Name 0.00 General Remaining Balance Fund BUD ET REVIEW: Budgeted Item XX Budget Adjustment Attached ge Manager Administrative Services Director CONTRACT/G T/LEASE REVIEW: 41,(14 di41:47. Accounting Manager r City Attorney Via Purchasing Officer /2 -3-31 GRANTING AGENCY: Internal Audi for Date ADA Coordinator �a- 3-oi Date Grant Coordinator /a43/OI Date Date Date STAFF RECOMMENDATION: De nt ix'e or trative Services Mayor Approval of budget adjustment. Date vi Date ,lD✓ Date Date Cross Reference New Item: Yes No Prev Ord/Res #: Orig Contract Date: Ori y Contract Number: ,�y— OrW N Me hnS / »'Ppta''eo f}.11►t4#O/ ZdOt ge£ceaua�_ . CrPe' S oproncir dd"- p c Frsc.l. 201-1,0S V rt. C. CAC 2oaZ `'R ECRU Es j (e l ect th 5 H:\BUDGET\PROJECTS\Bud r.oT pnchics r p4z(A Ly degNeil STAFF REVIEW13M Page {v.vr Orzt' /S %c4pegoia he C. boo Mr 661' sE 4vo Epja/Tv bcewcza 2w 1, C)F ) A dj\Agenda Request ort,inc emergency appropriation BA.wpd AibeI6/Mkt Mao) FAYETTEVILLE THE CITY OF FAYETTEVILLE, ARKANSAS DEPARTMENTAL CORRESPONDENCE • To: Hugh Earnest, Urban Development From: Heather Woodruff, City Clerk Date: December 4, 2001 Please find attached a copy of Resolution No. 157-01 approving the transfer of funds to Ozark Regional Transit, Inc. and approving a budget adjustment. The original will be microfilmed and filed with the City Clerk. Your budget adjustment has been forwarded to the Budget & Research Division. cc: Nancy Smith, Internal Audit Steve Davis, Budget & Research Marsha Farthing, Accounting Division c s 015 04 Document Reference RES Date 12/03/2001 City of Fayetteville Maintenance/Inquiry It Action Ref. Taken Brief Description 157 0 OZARK REGIONAL TRANSIT/FUNDING 2/12/2002 13:21:52 Keywords RES. 157-01 TRANSFER FUNDS $12,471.00 OZARK REGIONAL TRANSIT INC OZARK TRANSIT BUDGET ADJUSTMENT TRANSPORTATION File Reference # • OZARK TRANSIT/2001 Security Class • Retention Type: Expiration Date • **** Active **** Date for Cont/Referred: Name Referred to Press Cmd 6 to Update Cmdl-Return Cmd2-Check Out CmdB-Retention Cmd3-End Press 'ENTER' to Continue CmdS-Abstract Yes No (c) 1986-1992 Munimetrix Systems Corp.