Loading...
HomeMy WebLinkAboutO-2009-3175 amend 2008-2009 Fiscal Year Budget B Agenda Date Requested: September 14,2009 REQUEST FOR CITY COUNCIL AGENDA ITEM Requested By: Michael Dolby, CPA Department: Finance Report: Resolution: Ordinance: xx Exhibits: Ordinance Budgeted Item: YES NO Exhibits: Excerpt from FY 2009 Adopted Budget & Amended Budget (Exhibit A & B) Exhibits: Explanations / Backup for Amendment Source of Funds: N/A Appropriation Account Number: N/A Amount Budgeted: N/A Amount Requested: N/ A SUMMARY & RECOMMENDATION The City Council adopted the Fiscal Year 2008-09 Budget on August 25, 2008. The Summary of Funds, which is shown below, represents the amendments which council previously approved to the FY 2008-09 Budget. (*denotes funds with current changes) General Fund Grant Fund Street Maintenance Sales Tax Fund Community Investment Hotel/Motel Occupancy Tax La Porte Development Corporation Tax Increment Reinvestment Zone Utility Sy Ivan Beach Airport La Porte Area Water Authority Golf Course Motor Pool Insurance Fund Technology Fund General Capital Improvement Utility Capital Improvement Sewer Rehabilitation Capital Improvement 1998 General Obligation Bond Fund 2000 General Obligation Bond Fund 2002 General Obligation Bond Fund 2004 Certificate of Obligation Bond Fund 2005 Certificate of Obligation Bond Fund 2005 General Obligation Bond Fund 2006 Certificate of Obligation Bond Fund 2006 General Obligation Bond Fund 2007 Certificate of Obligation Bond Fund Transportation & Other Infrastructure Fund General Debt Service Utility Debt Service La Porte Area Water Authority Debt Service Total of All Funds Previously Original Budget Amended Budget $ 36,382,175 ] ,923,528 700,000 386,575 463,749 4,339,685 ],435,775 8,689,854 2]7,690 23,483 ] ,005,288 1,324,826 2,640,] 59 4,575,547 ] ,255,818 11,177,355 o 350,000 590,]95 ]49,109 ],990 86] ,883 341,678 73,824 2,2]2,267 18,021 1,640,3] 7 o 3,345,768 463,850 750,069 $ 87,340,478 $ 37,836,738 7,629,005 738,695 950,725 551,249 4,469,935 1,435,775 9,199,827 217,690 23,483 ],005,288 ] ,38] ,614 3,018,85] 4,854,761 ] ,333,448 11,181,965 o 350,000 590,] 95 ]49,109 1,990 86],883 34],678 73,824 2,212,267 18,02] 1,640,3] 7 o 3,345,768 463,850 750,069 $ 96,628,020 Proposed Amended Budget $ 38,597,498 * 7,629,005 738,695 950,725 55],249 4,469,935 1,435,775 9,199,999 * 217,690 23,483 ],005,288 ],38],6]4 3,0] 8,851 4,887,093 * 1,333,448 11,931,884 * o 350,000 590,] 95 ]49,]09 ],990 861,883 34],678 73,824 2,212,267 18,021 ] ,640,3] 7 o 3,345,768 463,850 750,069 $ 98,]7],203 Action Reauired bv Council: Adopt Ordinance Amending Fiscal Year 2008-09 Budget for: A. $32,332 in the Insurance Fund to transfer insurance monies received for various properties for Hurricane Ike Recovery. Additionally, amend the various funds listed below for the insurance recovery. a. Animal Shelter - $748 (Fund 00]) b. Fire Administration / Station - $20,063 (Fund 00]) c. Tire Shop - $4,904 (Fund 001) d. Municipal Court (Supplement) - $1,881 (Fund 001) e. Sports Center - $4,564 (Fund 001) f. Lift Station #13 - $172 (Fund 002) B. $21,319 in the General CIP Fund to set up a project for Golf Course Repairs. The funding will come from a transfer from the Golf Course Fund to move transfer the remaining monies from TML for Hurricane Ike Recovery. (The Golf Course Fund will not need to be amended for the transfer out, since that fund was amended for the receipt of the TML insurance monies at the May 11 th Council meeting) C. $45,600 in the General CIP Fund for two change orders needed for the Sylvan Beach Re-nourishment Project. The increased funding will come from the General Fund balance; therefore, the General Fund will also require an amendment of$45,600 for the transfer-out to the General CIP Fund. D. $583,000 in the General CIP Fund for additional funding needed for the Sports Complex Project. The increased funding will come from the General Fund balance; therefore, the General Fund will also require an amendment of$583,000 for the transfer-out to the General CIP Fund. $100,000 in the General CIP Fund for Golf Course ImprovementslRepairs. This item is a result of discussions that occurred during the budget workshops held August 10th and 11th. The funding will come from the General Fund balance; therefore, the General Fund will also require an amendment of $100,000 for the transfer-out to the General CIP Fund. ,him Da te II ORDINANCE NO. 3 Il5 AN ORDINANCE APPROVING AN AMENDMENT TO THE BUDGET FOR THE CITY OF LA PORTE, TEXAS, FOR THE PERIOD OF OCTOBER 1,2008 THROUGH SEPTEMBER 30,2009; FINDING THAT ALL THINGS REQUISITE AND NECESSARY HAVE BEEN DONE IN PREPARATION AND PRESENTMENT OF SAID BUDGET; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND PROVIDING AN EFFECTIVE DATE HEREOF. WHEREAS, the Charter of the City of La Porte, Texas, and the Statutes of the State of Texas, require that an annual budget be prepared and presented to the City Council of the City of La Porte, Texas, prior to the beginning of the fiscal year of said City, and that a public hearing be held prior to the adoption of said Budget; and WHEREAS, the Budget for the fiscal year October 1,2008, through September 30,2009, has heretofore been presented to the City Council and due deliberation had thereon, was filed in the office of the City Secretary on July 25, 2008, and a public hearing scheduled for August 25, 2008 was duly advertised and held. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE: SECTION 1: That the Budget for the City of La Porte, Texas, now before the said City Council for consideration, a complete copy of which is on file with the City Secretary and a summary of which is attached hereto by reference as Exhibit "A", is hereby amended as reflected on the amended budget summary document, attached hereto by reference as Exhibit "B", as the Budget for the said City of La Porte, Texas, for the period of October 1,2008, through September 30,2009. SECTION 2: Be it FURTHER ORDAINED, that the said City Council finds that all things requisite and necessary to the adoption of said Budget have been performed as required by charter or statute. SECTION 3: The City Council officially finds, determines, recites and declares that a sufficient written notice of the date, hour, place and subject of this meeting of the City Council was posted at a place convenient to the public at the City Hall of the City for the time required by law preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has been open to the public as required by law at all times during which this Ordinance and the subject matter thereof has been discussed, considered and formally acted upon. The City Council further ratifies, approves and confirms such written notice and the contents and posting thereof. SECTION 4: This Ordinance shall be in effect from and after its passage and approval. PASSED AND APPROVED this the /f4-aay Of5.tpkfXiJer ,2009. F LA P ATTEST: C dJllilAt.t e!f;i1J Martha ill ett , City Secretary APPZ / tk7'~. CI~k Askins, Assistant City Attorney EXHIBIT A (ORIGINAL BUDGET) City of La Porte Consolidated Summary of All Funds FY 08-09 FY 08-09 Revenues Expenses Governmental Fund Types: General Fund 33,724,383 36,382,175 Grant Fund 1,923,528 1,923,528 Street Maintenance Sales Tax 786,440 700,000 Community Investment 264,701 386,575 Hotel!Motel Occupancy Tax 583,575 463,749 Section 4B Sales Tax 1,647,506 4,339,685 Tax Increment Reinvestment 1,519,774 1,435,775 Total Governmental Types 40,449,907 45,631,487 Enterprise: Utility 8,369,944 8,689,854 Sylvan Beach 207,601 217,690 Airport 52,995 23,483 La Porte Area Water Authority 1,226,202 1,005,288 Golf Course 1,202,679 1,324,826 Total Enterprise 11,059,421 11,261,141 Internal Service Motor Pool 2,107,688 2,640,159 Insurance Fund 3,945,027 4,575,547 Technology Fund 948,623 1,255,818 T otallnternal Service 7,001,338 8,471,524 Capital Improvement: General 10,684,213 11,177,355 Utility 192,000 Sewer Rehabilitation 304,927 350,000 1998 GO Bond Fund 7,000 590,195 2000 GO Bond Fund 149,109 2002 GO Bond Fund 1,990 2004 C/O Bond Fund 861,883 2005 C/O Bond Fund 1,400 341,678 2005 GO Bond Fund 73,824 2006 C/O Bond Fund 5,000 2,212,267 2006 GO Bond Fund 2,500 18,021 2007 C/O Bond Fund 10,000 1,640,317 Other Infrastructure 17,282 Total Capital Improvement 11,224,322 17,416,639 Debt Service: General 3,276,016 3,345,768 Utility 104,705 463,850 La Porte Area Water Authority 750,069 750,069 Total Debt Service 4,130,790 4,559,687 Total All Funds 73,865,778 87,340,478 EXHIBIT B (AMENDED BUDGET) City of La Porte Consolidated Summary of All Funds FY 08-09 FY 08-09 Revenues Expenses Governmental Fund Types: General Fund 33,964,274 38,597,498 Grant Fund 7,213,350 7,629,005 Street Maintenance Sales Tax 786,440 738,695 Community Investment 264,701 950,725 HotellMotel Occupancy Tax 583,575 551,249 Section 4B Sales Tax 1,647,506 4,469,935 Tax Increment Reinvestment 1,519,774 1,435,775 Total Governmental Types 45,979,620 54,372,882 Enterprise: Utility 8,416,239 9,199,999 Sylvan Beach 207,601 217,690 Airport 52,995 23,483 La Porte Area Water Authority 1,226,202 1,005,288 Golf Course 1,241,192 1,381,614 Total Enterprise 11,144,229 11,828,074 Internal Service Motor Pool 2,110,144 3,018,851 Insurance Fund 4,220,524 4,887,093 Technology Fund 973,623 1,333,448 Total Internal Service 7,304,291 9,239,392 Capital Improvement: General I 1,434,132 11,931,884 Utility 655,850 Sewer Rehabilitation 304,927 350,000 1998 GO Bond Fund 7,000 590,195 2000 GO Bond Fund 149,109 2002 GO Bond Fund 1,990 2004 C/O Bond Fund 861,883 2005 C/O Bond Fund 1,400 341,678 2005 GO Bond Fund 73,824 2006 C/O Bond Fund 5,000 2,212,267 2006 GO Bond Fund 2,500 18,021 2007 C/O Bond Fund 10,000 1,640,317 Other Infrastructure 17,282 Total Capital Improvement 12,438,091 18,171,168 Debt Service: General 3,276,016 3,345,768 Utility 104,705 463,850 La Porte Area Water Authority 750,069 750,069 Total Debt Service 4,130,790 4,559,687 Total All Fund~ 80,997,021 98,171,203 cu .:.:: cu s::: lU (J ';: r.. ~tO J:N ..- I ..- CULO 1::0 00 Q..OO lU ..J - o ~ (,) o ~ (L U iY "0 -c.> ~ '" aJ c.> '0 > c :s: o Z UJ ::::J o t'- C') cO V t'- ~ ..-- LO N <0 0_ o N ~ I ~!II~ ~ ~ ~ r--- C"') LO ~ N "d" t""- (J') M T'"" t1). EP.t-N"ooa:i <0 ~ ~ ~ o C') 0> o CXl 0 c:icOc:i LO t'- t'- ~~~ ~ 0> V C'i o 0> ..j ~ CXl 0 ~ ~ <0 C') V v crlN <0 ~ ~ CXl ..-- a; ~ ..-- ~ C') C') 0 N N 0 -.i cO c:i LO V 0 CXl N C') ..jcD~ ..-- ~ ~ '" '" o -' > U <{ r--..(J)roN~~~~O~O>~~~~~~O ~ ~ ~ ~ ~ ai N ~ ci ~ ~ M CO to T'"" ~ ex;) d ~~ci~~~~ci~~~~~~~~~g ~~~oo~~~~~~~~~~~~~~ I o <0<0 N 0) COLO(O<oOC"') 00 cO 0> cO Iii v cO NOVr....:<o<o-.it'- __OO_LONO'Vr--- T'""fA-NC"')f"--..-V~O)N- EI7 ~EI7i2-EI7E17E17 <0 ..-- LO t'- 0> 8 ~ 8 ...t ..0 g c:i <0 c:i N 8 EI7 ~ EI7 ~- N- g ~~ ;;:jLO g -.i N g c:iCXlIiic:i ~~~~ ~ '" '" o -' U iY (0 (J) ~ ~ ~ ~ ~ &3 0 ~ 0) ~ ~ g ~ r! ~ 0 ~ ~ ~ r....: N ~ cD ~ 0 ~ :; ~ bi ~ a; ~ ~ :; ~i~~~~~~~~aii~a~g~ I Qj c c c3 0 u ~ 'S en u c E ~ .Q g ~ ~ 0:: (J.) c:: .:.::: c;; Q.) ~ ~ ffi Q.) rn 'c Ol c c. o::'::~(L'EC ~o Ci5~~~~~ ~c5j 8~<3~~~j~~ ~ Qj 2 E ~ ]! 8 :s: CJ)!:l:: '" mE ~ aJ '$. ~ 'c 0 .c <{iiiu 91 c CJ) aJ :s: E , aJ C a. g g- '> en '" , (L 1: 1: .c ~ ~ c.> 0 0 '" u u Q,) Cd ca 000..0.. ;ij 'u "0 > 'c 'c ~~~ o LO N N r....: cO CXl <0 N C')_ ~ ;; o N r....: CXl N N ~ <0 LO Iii 0> C') ~ <0 t'- N CXl <O_ N ~ O>N<O "<C')CXl <oaicD o v N V<O~ cOmT'"" ~ ~ ~ LO N cO <0 C') ~~~~O~ cDaicD-.iO-.i OVN<Oc:iLO V_~N_LOLOV CXlO> ..j<Ocrl El7E17tA.EI7E17~ ..-- ~ <0 ("') -.i <0 LO ..j ~ o v o CXl c:i -.i LO LO <0 V ~crl N ~ <( LO f'-; r::: ..-- ~ LOO(J)__f'..OLO__LC') c.oCO(J)f'..ONr---,....(O cD -.i NeON -.i Iii Iii -.i <OO>LONNO<Ot'-CXl ~_~~~_~LOO_~~ ~ ~ ~ ~ V T'"" CO <D Qj--coco c:iNc:ic:i <0 v CXl CXl N t'- V V ~ ~ ~ ~ .... T'"" __ _ T'"" EI7 ER- EI7 EI7 ~g~r:f'-~~~~LO..q-COCO cD-.iNcO~-.iIiiIii-.if'-;~~~~ i2ia~a~~~~~~~~ v ~ ..-- <0 ~ LO oeo__ C')CXl' ~ 0 ~ 0 C') v 16 ~ ~ ~ <0 ~ ~ 13 ~ 0 ..-- <0 CO 0) 0 ...t 0 g r-...: r-...: cD N r-...: ~ cO cO ...t ...t 0 ~ :ri ~LOc:iLOc:i~~t'-LO~O>CXlCXlCXlo>C')c:iLO<o ;;~EI7~EI7~g~~~;;EI7~~~~EI7~~ 00 00 c:ic:i ~ ~ 0> t'- ai N ~ ..-- ~ VT'""c.oo t'- CXl CXl 0 0 -.icOcDaiO ~~N_g cio-~~~ ~b;1TTE17 - -"" -"" -"" rn m Co Q,) (L(L(L '" 5 5 5 .~ 5 -0 >. >. >,"'C.!: ~~ ~ ~s~cQj~ o........c..... .....C)co.2Eo en ~ ,2 ~ ~ ~ cern Q) 1: ~ aJ g; aJ ~ aJ ~ ~ Ci5 u '0 .cU aJU.cU 0..-"" 0.. "'.!!l 1:2g.!!<:5.!!<'S 0 E ~ C o::::o:::ca::::cre;:j c.ca Z::Ju::Jco::JUJ 00 (L CJ) CJ) aJ '" ~ o '" I -"" .c 0 Cii :s: CO ,~ o :0 o ~ (L (L ~IM ~ ~ m ~ ~ ~ ~ ~ ~ ~ M ~ ~ ~ ~ ~ o V ~~~~~~M 1ii-.i-.ic:iNcDLO M~~ll")CO~~ a6CO~~~~N~ ~~tfl(fltt7(fl C aJ E aJ a. 0.. ~ CJ)-"" Q) a> en ~ CI) a.. :3 ::i c 000 U U E 'm LL ~~~~LOLO"""'(o(O ~~~~2~~gg ;;;;;;1i;;~~~;% Cl~ c := :;:: (J .c '" ,2'LL<{ O"--NC')O>NV<O -JO) .......CO'l"'"" 'l"'""'l"'""'l"'""NNN t .5 c c c c c c c c c c C ::J C 0 .Q ,Q .Q 0 .Q ,2 .2 0 .Q .Q 8 .~ ~ ro ro m ~ ro ro rn ~ ro ro ::a~Ci5Ci5Ci5Ci5Ci5Ci5Ci5Ci5Ci5Ci5Ci5 Q3~~==========ot:===== u: u: ::J ::J ::J ::J ::J ::J ::J ::J ::J ::J ::J .... .... 00 ClCl ..-- v ~~~~~~~~~~~~E~~~~~~~~ 0 ~ c... u ii: "0 -u ~ CJl OJ U .0 > E S: I 0 Z LlJ ::::l 0 a> 0 a> 0 0 N eo 0 0 t- t- t- O CD t- O i, <q 0 C'! L() 0 ~ ~ L() eo a> V V 0 <q '" ~ ~ c:i ~ r-: Lei eo r-: r-: Lei c:i '" '" c:i ~ C'? eo CO C'? L() 0 N N t- V V 0 a> t- t- O C'? L() L() "0 a> V t- CD. N a. a> C'? CD L() ~ ~. 0 C'? CD ~ ~ ~ ~ ~ ~ ~ -.i -.i ~ a5 ~ ~ Lri N -.i M .(ij ~ ~ ~ ~ N N N N C'? ~ a> N c... ~ C'? C'? ~ ~ ~ C'? ~ ~ ~ t- o CJl 0 N eo 0 It) CJl a> 0 a> L() 0 ~ ~ L() 0 a> cO 0 <q 0 C'! r-: 0 r-: r-: eo c:i ....J c:i Lei eo Lei a> It) ~ ~ N t- V V ..... > C'? L() 0 ~ N a. a> C'? 0 L() M u a> V t- N -.i -.i CD a5 ~ ~ ~ ~ ~ U; ~ N en <( ~ ~ ~ ~ l"l ~ C t- .2 a> 0 a> 0 N CD Cii v 0 CD C'? 0 t-: L() 0 0 N ~ N 0 en .<3 eo 0 cri c:i 0 v 0 0 to r-: eo 0 ,... -.i c:i c:i ~ N c:i c:i 0 c:i c:i N OJ V N 0 a> a> N ~ ~ v' \:; ~ ~ ~ N ~ ~ ~ ~ ~ C'? ~ ~ ~ ~ ~ ~ ~ ..... OJ ~ ..... 0 ~ a> t- CJl 0 C!:! 0 eo 0 ..... CJl C'? 0 eo eo 0 eo ~ L() 0 0 N 0 cO 0 L() 0 a> r-: 0 cO r-: r-: 0 o:i ~ 0 ....J cO c:i c:i Lei 0 N a> '" c:i l"l N t- eo V V V U t- L() C'? CC!. N N. v. a> C'? C'? a> a> L() ,.... a> V eo N -.i -.i a> cri t- V ii: ~ ~ ~ U; ~ ~ N ~ N ~ ~ 0 ~ ~ ~ ~ It) ~ ... I- Z LlJ c:i> ::;;: "0 ~ CO c... I "0 0:: '" ~ 0 2 2 LL C C .(ij >- .2 .Q Qi Qi 0:: 0 t- o V eo -'" 13 13 .r:: .r:: .r:: ~ N C'? C'? C'? C ::J ::J (J) (J) ~ u L() c c c c '" "0 "0 C C '" I- 0 0 OJ c 0:: 0 .2 .2 .2 a: a: OJ OJ 0 CJ 0 CIl III ~ Cii Cii Cii OJ E E I- ~:m ..J 0> Q; 2 Q; c Ci5 Ci5 Ci5 Ci5 '" 0. 0. '" E! (J) ~ 0 Cii .S .S Cii > <:= <:= <l:' <l:' '" 0" 0" >. .c <l:' 0 :.::J :.::J :.::J :.::J Ci5 S: S: LlJ LlJ S: (J) :.::J :.::J I- '? 91 N C'? t- a> t- eo a> t- eo 0 C'? v v v v v L() L() L() t- t- a> 0 0 ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ N N From: To: Cc: Subject: Date: Barr Steohen Bottoms Ron; Joerns John Dolbv. Michael; Wolnv. Shellev FW: Sylvan Beach - Proposed plan to address change orders Wednesday, August 19, 2009 5:08:06 PM Hello all Per the attached email below, the additional City of La Porte funding needed for the two change orders, as discussed in executive staff meeting, is $45,600 (TGLO will fund $38,400). I spoke with Michael Dolby this afternoon and it is his opinion that we could easily draw down the General Fund Balance to cover this shortfall without any major repercussions. The argument could be made that Harris County should foot the bill for the storm sewer re-route in that it drains county property. However, the County had a "not to exceed" clause in our Interlocal Agreement with them for this project, of $600,000. That money has been paid so we can't go back to them to ask for more. As you may recall, there was excess funds in this project account totaling $280,000 that was returned to the General Fund because I thought we weren't going to need it (which is actually where we are proposing to take it back from). In hindsight, I should have kept a portion of it... At any rate, this is where we are. I need to respond to Dennis ASAP so they can prepare the new Amendment to the Project Cooperation Agreement. Thanks in advance for your help on this. Stephen -----Original Message----- From: Dennis Rocha [mailto:Dennis.Rocha(ci)GLO.STATE.TX.US] Sent: Wednesday, August 19, 2009 4:47 PM To: Barr, Stephen Cc: Benjamin Au; Jason Nezamabadi; Lorrie Council Subject: Sylvan Beach - Proposed plan to address change orders Hello Stephen, The GLO has considered contingency options for moving forward on the change orders to address the additional stone needed for completion of the northernmost groin (#4) and the rerouting of the newly discovered 18* storm water drain that currently exits toward the south beach. The GLO proposes the following plan to the City: Priority #1 * in need of immediate attention Prepare Change Order #2 for the contractor to purchase and place an estimated 1,000 tons of additional armor stone to complete groin #4 and to complete the gap in the revetment for the first storm drain extension. Total cost: $64,000 ($64jton contract price) CEPRA share: 60% ($38,400) Partner share: 40% ($25,600) Priority #2 * not of immediate attention Prepare Change Order #3 for the contractor to re-route the storm water drain to an exit point south of the project boundary. Total cost: $20,000 (initial contractor estimate only; not confirmed) CEPRA share: 0% ($0.0) Partner share: 100% ($20,000) c. The total cost increase for both change orders would be $84,000 with the City*s share being $45,600 and the CEPRA share being $38,400. Because the $84,000 would exceed the current Project Cooperation Agreement (PCA) budget, the GLO would immediately process a PCA amendment to address the budget increase with the cost-share apportioned as outlined above. Please let me know as soon as possible if the City concurs with this proposed cost-share plan. We currently have URS and our Construction Services Division preparing preliminary documents in anticipation of these change orders. Thanks, REQUEST FOR CITY COUNCIL AGENDA ITEM Agenda Date Requested: August 24, 2008 Appropriation Requested By: Stephen L. Barr Source of Funds: Fund 1 5 Department: Parks & Recreation Acc't Number: 015-9892-975-1100 Report: -LResolution: _Ordinance:_ Amount Budgeted: $4,042,986 $365,000 Exhibits: Spreadsheet prepared by PCI Amount Requested: Exhibits: Budget Worksheet Budgeted Item: YES X NO Exhibits: Letter from PCI SUMMARY & RECOMMENDATION The Youth Baseball Complex and park currently being constructed at the City's property at 3600 Canada Road is well on the way to becoming a reality. As Council is aware, this has been a long odyssey with many turns along the way. The City hired Patak Construction, Inc., as the Construction Manager at Risk for the project. Mr. Patak has worked diligently with the architect, Bob Randall, to value engineer the product and to keep the costs as small as possible, while still providing a high quality product. The plans have been finished while the civil work has progressed, according to our schedule. All of the components have been bid out and the bids that were most advantageous to the City have been selected. Mr. Patak has compiled his project list and has prepared his Guaranteed Maximum Price (GMP), as required by his contract. As with other City projects that were a part of the 2001 bond series, this project is in need of additional funding. The GMP exceeds the budget that has been allocated for the project and staff has prepared some adjustments to allow the project to be finished, with Council approval. The initial budget (see attached Budget Worksheet) for the project was $4,042,986, of which $975,000 was earmarked for the state-of-the-art Musco Sports Lighting for the 10 fields. The design contract was let to Randa1l- Porterfield for $317,000, and the initial contract with Patak Construction, Inc. was set at $2,750,000, totaling $4,042,000. After design has been completed and the value engineering accomplished through the partnership between the CMAR, the Architect, and the City representatives, the GMP established by Patak Construction, Inc. for the project, is $3,600,480 for the complete project. The shortfall is $3,600,480, minus $2,700,000, is $900,480. Staff has identified two capital projects that are stagnant and funding could be used to make up the shortfall. GEN798, Parkland Acquisition with a balance of $231,430, was set up to purchase the land behind the RFC and has run into a delay with the primary property owners. This account could be replenished at a future date when the property owner(s) are more amenable to the purchase. GEN965, Park Upgrades, with a balance of $225,000, was set up to enhance Little Cedar Bayou Park. The project was placed on hold while we waited to see if there was going to be a shortfall with this sports complex project. This project can also be re-funded in a future year. We also looked at reducing the contingency portion of this project by $80,000 as most pricing has already been established. There is an inflation number built into the GMP ($59,629) that should be sufficient for any price increases that may occur should the bid prices expire prior to award. If council concurs with the aforementioned strategy we still have a funding shortfall of $358,000 - we are requesting a budget amendment in this amount, coupled with the transfers, in order to complete the project. Action Reauired bv Council: Council authorize the transfer of $456,430 from projects GEN798 and GEN965 and appropriate an additional $358,000 for the Youth Baseball Complex and Park. Aooroved for City Council Al!enda Ron Bottoms, City Manager Date D.