Title
Approval of an Ordinance Amending Ordinance 7119 (Capital Budget)
Recommended Action
Committee Recommendation:
Not referred to a committee.
City Manager Recommendation:
Move to approve the ordinance that amends Ordinance 7119 on second reading.
Report
Issue:
Whether to amend Ordinance 7119.
Staff Contact:
Bill Sampson, Accounting Services Manager, Administrative Services Department, 360.753.8473
Presenter(s):
None - Consent Calendar Item.
Background and Analysis:
Background and Analysis has not changed from first to second reading.
City Council may revise the City's operating and capital budgets by approving an ordinance. Generally, budget amendments are presented quarterly to Council for their review and approval but may be made at any time during the year. The amended ordinances appropriate funds and provide authorization to expend the funds.
The attached ordinance reflects ordinances that have been adopted relating to the budget since the last quarterly update, and other proposed changes to the budget.
A separate ordinance was passed since the adoption of ordinance 7119 relating to the Capital Budget and was previously presented to the Council.
1) Ordinance 7125 passed on February 27, 2018 appropriating a total of $783,400 for two Transportation projects.
a. $420,000 for the State Avenue and Phoenix Sidewalk project funded by money from the Pedestrian and Bicycle Safety Program Grant
b. $363,480 for the Traffic Signal Controller Upgrade to Support TSP and Enhanced Signal Coordination
Budget Items not previously presented to the Council:
1) Appropriation of $95,000 in additional revenue from the Transportation Benefit District.
2) Appropriation of $134,251 from Percival Landing Insurance Settlement for Contaminated Soil.
3) Appropriation of $1,700,000 from PSE Settlement for contaminated soil at City Hall.
4) Appropriation of $250,000 for Bike Corridor Permanent Improvements. Funded from Transportation Improvement Board Complete Stre...
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