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HomeMy WebLinkAbout118-05 RESOLUTION• • RESOLUTION NO. 118-05 A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT OF $400,000.00 TO INCREASE FUNDING FOR THE STREET OVERLAY PROGRAM BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves the attached budget adjustment of $400,000.00 for the In -House Pavement Improvements program PASSED and APPROVED this 21st day of June, 2005. ATTEST: By S 1 NDRA SMITH, City Clerk APPROVED: By: DAN COODY, Mayor 1 City of Fayetteville, Arkansas Budget Adjustment Form Budget Year 2005 Department: Sales Tax Capital Improvements Division: Program: Date Requested 6/3/2005 Adjustment Number Project or Item Requested: $400,000 is requested in the In -House Pavement Improvements capital project. Project or Item Deleted: None. $400,000 from the Use of Fund Balance. Justification of this Increase: The additional funding is needed in the project to increase the paving activity being performed. Justification of this Decrease: There is sufficient fund balance remaining to meet 2005 objectives. Any remaining project budget of the $400,000 by year end will revert back to Fund Balance. Increase Budget (Decrease Revenue) Account Name Account Number Amount Project Number Street maintenance 4470 9470 5417 00 400,000 02052 1 Decrease Budget (Increase Revenue) Account Name Account Number Amount Project Number Use of fund balance 4470 0947 4999 99 400,000 Approval Signatures Requested By Date Budget Manager Date Department Dire ygr Date na c: & Internal Services Director Date Mayor Date Budget Office Use Only Type: A B C Date of Approval Posted to General Ledger Posted to Project Accounting Entered in Category Log E Initial Date Initial Date Initial Date Initial Date • TaVelten NSAS City Council Agenda Item • To: Mayor and City Council Thru: Gary Dumas, Director of Operations From: Terry Gulley, Transportation Manager Date: June 3, 2005 Subject: Additional funding for the In House Pavement Improvements program. Recommendation: Transportation Division staff recommends the approval of $400,000 additional funding for the In -House Pavement Improvements program. Background: The Transportation Division's production has steadily increased over the past two years, from 8.9 miles of asphalt overlay completed in 2002 to 11.03 miles in 2003 and 12.42 miles in 2004. The division is currently working towards an aggressive overlay goal of 18.61 miles in 2005. During the past year, the Transportation Division expanded with the addition of asphalt preparation and patch crews, consisting of six full-time employees. The addition of these employees has enabled the division to continue its overall increase in production. Additional funding is necessary in order to continue our current production. Discussion: The asphalt overlay program has increased production during the last two years. This can be attributed to reorganization which allowed the division to obtain the maximum results from both personnel and equipment. In addition re -budgeted funds from prior years ($750,000) were available to provide necessary funding for materials and to allow support for increased production. The current methods of street overlay results in the affected streets being restored to new -like condition. This includes all segments of the street along with curb and gutter, sidewalk and driveway approaches. This results in the entire street to be maintained in a scheduled recurring maintenance program which will provide the most efficient use of division funding. The Transportation Division has also undertaken the responsibility of street cut repairs. This includes all new utility cuts as well as unsatisfactory repairs from the past. Budget Impact: The current proactive program for street maintenance will require additional funding before the end of 2005 in order to maintain the program at the present level. The additional funding required will be $400,000.00 for the remainder of 2005. • RESOLUTION NO. • A RESOLUTION TO APPROVE A BUDGET ADJUSTMENT OF $400,000.00 TO INCREASE FUNDING FOR THE STREET OVERLAY PROGRAM BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1: That the City Council of the City of Fayetteville, Arkansas hereby approves the attached budget adjustment of $400,000.00 for the In -House Pavement Improvements program. PASSED and APPROVED this 21St day of June, 2005. ATTEST: By: SONDRA SMITH, City Clerk APPROVED: By: DAN COODY, Mayor Terry Gulley Submitted By • City of Fayetteville Staff Review Form City Council Agenda Items or Contracts 6/21/2005 City Council Meeting Date Transportation Division Action Required: • Operations Department The Transportation Division requests approval for additional funding in the In -House Pavement Improvements project and a budget adjustment in the amount of $400,000.00 for materials and services needed to maintain the current level of street improvements. $ 400,000.00 Cost of this request 4470.9470.5809.00 Account Number 02052 / 1 Project Number Budgeted Item 1,603,876.00 Category/Project Budget $ 1,603,705.54 Funds Used to Date $ 170.46 Remaining Balance Budget Adjustment Attached X In -House Pavement Improvements Program Category / Project Name In -House Pavement Improvements Program / Project Category Name Sales Tax Capital Fund Name I 1� ft t. ` ment 1 'rector Date 6(6(or City Attorney Financo and Internal Service Director �•G-o1 Date Mayor Date Previous Ordinance or Resolution # Original Contract Date: Original Contract Number: Received in Mayor s Office Comments: • ClaricePearman - Res. 118-05 From: To: Date: Subject: Clarice Pearman Gulley, Terry 6/24/05 11:18AM Res. 118-05 • Page 1 Terry, Attached is a copy of the resolution passed by City Council, June 21, 2005 regarding street overly program. Thanks. Clarice