File #: R-2016-0211    Version: 1
Type: Resolution Status: Adopted
File created: 8/2/2016 In control: Administration and Finance Committee (INACTIVE)
On agenda: 8/2/2016 Final action: 8/2/2016
Title: Resolution authorizing the transfer of $160,000 from the Reserve for Capital Replacements account to the Capital Projects fund.
Sponsors: Administration and Finance Committee (INACTIVE)
Attachments: 1. R-2016-0211 Signed

Title

Resolution authorizing the transfer of $160,000 from the Reserve for Capital Replacements account to the Capital Projects fund.

 

Body

WHEREAS, the Director of Public Works/City Engineer has determined that three projects as listed below are emergencies that must be completed as soon as possible; and,

 

WHEREAS, failure to complete these projects could cause serious hazards to employees and City residents; and,

 

WHEREAS, the projects are listed with estimated costs:

 

1)                     Jefferson School Transformer Roof                                          $20,000

2)                     Fire Station #2 Roof Repairs                                                               $6,000

3)                     Fire Station HVAC Control Systems                                          $134,000   and,

 

WHEREAS, the City’s Reserve for Capital Replacements account was established to provide funding for building maintenance and capital improvement projects at city buildings; and,

 

WHEREAS, the available balance in the Reserve for Capital Replacements account is $779,000.

 

NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of West Allis that the appropriate City officials are authorized and directed to transfer up to $160,000 from the Reserve for Capital Replacements account to the Capital Projects fund in order to complete these emergency projects as quickly as possible.