HomeMy WebLinkAboutRes2008-030Sponsored by: Oates
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CITY OF SEWARD, ALASKA
RESOLUTION 2008-030
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA AUTHORIZING MATCHING FUNDS IN THE AMOUNT OF
$42,249 FOR THE PURCHASE OF ENDOSCOPY EQUIPMENT FOR THE
HOSPITAL, AND APPROPRIATING FUNDS
WHEREAS, Providence Seward Medical and Care Center (the "Hospital") is aCity-owned
hospital facility; and
WHEREAS, the Hospital received a $42,249 grant from the Denali Commission and the
Alaska State Hospital and Nursing Home Association for the purchase of endoscopy equipment,
which requires an equal amount of matching funds; and
WHEREAS, this equipment represents an upgrade to existing equipment, improves the
hospital's capacity to perform more complex procedures, and leads to improved quality of patient
care, giving physicians an improved ability to early detect colon and rectal cancer; and
WHEREAS, the Hospital Debt Service Fund currently maintains reserves totaling $959,768,
~„ which provides sufficient reserves to fund this matching grant, plus maintain the City's reserve
policy requiring reserves sufficient to cover the single highest years' debt service on the hospital
bonds, which is $878,500; and
WHEREAS, the Hospital does not have funds remaining in its capital budget to handle this
repair item and therefore is requesting an appropriation from the City.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SEWARD, ALASKA, that:
Section 1. The Seward City Council hereby authorizes the city manager to submit payment
to Providence Seward Medical and Care Center in the amount of $42,249 for the purpose of
matching a grant to purchase endoscopy equipment.
Section 2. Funds in the amount of $42,249 are hereby appropriated from the Hospital Debt
Service Fund fund balance account no. 801-0000-3050 to the Hospital Debt Service Fund
contributions account no. 801-8010-5610-0011.
Section 3. This resolution shall take effect immediately upon adoption.
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CITY OF SEWARD, ALASKA
RESOLUTION 2008-030
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 14th
day of April, 2008.
THE CITY OF SEWARD, ALASKA
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Clark Corbridge, Mayor
AYES: Dunham, Valdatta, Bardarson, Smith, Kellar, Corbridge
NOES: None
ABSENT: Amberg
ABSTAIN: None
ATTEST:
C :LL
ohanna Dollerhide, CMC
Acting City Clerk
(City Seal)
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COUNCIL AGENDA STATEMENT
Meeting Date: April 14, 2008
Through: Phillip Oates, City Manager
From: Kristin Erchinger, Finance Director ~rV
Agenda Item: Appropriation of funds to purchase hospital endoscopy equipment
BACKGROUND & JUSTIFICATION:
On behalf of Providence Seward Medical and Care Center, Providence applied for, and
was awarded, a grant from the Denali Commission and the Alaska State Hospital and
Nursing Home Association. The purpose of the grant is to purchase much needed
endoscopy equipment, enabling local physicians to early detect colon and rectal cancer.
The grant is in the amount of $42,249, and requires an equal local match.
CONSISTENCY CHECKLIST:
Where applicable, this agenda statement is consistent with the Seward City Code, Charter,
Comprehensive Plans, Land Use Plans, Strategic Plan and City Council Rules of
Procedures.
FISCAL NOTE: ~~
The City receives revenues from aone-percent sales tax, which is allocated for the
purposes of hospital capital equipment, including debt service and capital expenditures.
Currently, the City maintains reserves in the Hospital Debt Service Fund in the amount of
$959,768. The City's policy on the use of these funds requires that hospital capital
contributions can be made from this Fund only after reserves are sufficient to cover the
single highest year's remaining debt service on the hospital bonds, and that amount is
$878,500. There is currently sufficient reserves in this Fund to cover this grant match,
still maintaining sufficient reserves to meet the City's reserve policy.
RECOMMENDATION:
Council approve Resolution 2008- Q3pauthorizing the expenditure of $42,249 for the
purchase of endoscopy equipment, payable to Providence Seward Medical and Care
Center, and appropriating $42,249 from the Hospital Debt Service fund balance account
no. 801-0000-3050 to the Contributions account no. 801-8010-5610-0011.
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