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HomeMy WebLinkAboutRes1994-062 . . . Sponsored by: Jones CITY OF SEWARD, ALASKA RESOLUTION NO. 94-062 ARESOLUTIONOFTImCITYCOUNC~OFTImCITY OF SEWARD, ALASKA, ADOPTING TIm CAPITAL BUDGET PLAN FOR TIm THREE FISCAL YEARS BEGINNING JULY 1, 1994 NOW, TIlEREFORE, BE IT RESOLVED BY TIm CITY COUNC~ OF TIm CITY OF SEWARD, ALASKA, that: Section 1. The city Capital Budget Plan for the three fiscal years beginning July I, 1994, which is attached hereto and made a part hereof by reference, is HEREBY ADOPTED. Section 2. The Capital Budget Plan for the three fiscal years shall be charged interest on debt owed to the General Fund at a rate equal to and adjusted monthly in accordance with the rate set forth in the Bond Buyer Index for Twenty Year General Obligation Bonds. Section 3. The sum of $295,006 is hereby appropriated from the General Fund Fund Balance, Account No. 101-3070, to the Capital Acquisition Fund, Account No. 103-3070 in the amount of $269,006 and to the Motor Pool Fund, Account No. 102-3070, in the amount of $26,000. Section 4. This resolution shall take effect July 1, 1994. PASSED AND APPROVED BY TIm CITY COUNC~ OF TIm CITY OF SEWARD, ALASKA, this 23rd day of May, 1994. ITY OF SEWARD, ALASKA ,~. n : '--I J) ,I, \_ 1\.(1;, Dave W. Crane, Mayor AYES: NOES: ABSENT: ABSTAIN: Anderson, Bencardino, Crane, Darling, Krasnansky & Sieminski O'Brien None None ATTEST: APPROVED AS TO FORM: Wohlforth, Argetsinger, Johnson & Brecht, A""?':f' for the/"4 Sewan!, Alaska ~t: It- City Attorney (City Seal) . ' ~. - . CITY OF SEWARD CAPITAL ACQillSTION FUND Statement of Revenues, Expenses and Changes in Fund Balance For Budget Year Ending June 30, 1995 1994 1995 % Chng 1993 Revised Approved Frm 94 . Actual Budl!et Budl!et Rev.Bud Revenues: Federal Grants State Grants Local Sources Total Revenues 0 0 Exnenditures: Contracted Services 104172 Total Rxnenditures 104.172 0 0 Excess (deficiencv) of revenue over exnenditures (104.172 0 0 Other financinl! sources (uses): Ooeratinl! transfers from other funds 313,140 254 758 269 006 5.59% Ooeratinl! transfers to other funds (175,000 (168 000 (389 732' 131.98% Total other financinl! sources (uses 138,140 86 758 (120.726' -239.15% Excess (deficiencv) of revenues & other financinl! sources (uses) over e:menditures 33.968 86.758 (120.726 -239.15% Fund Balance at bel!inninl! of vear 0 33.968 120,726 Fund Balance at end of vear $33 968 $120726 $0 . . ' . . . CITY OF SEWARD GENERAL FUND 3 YEAR CAPITAL IMPROVEMENT PIAN Replace Estimated Cost BUDGET YEAR Expected Funding Department Title - Descrintion or New Life 1995 1996 1997 Source General SYs. New Phone System R 10 26 000 Internal AnIni Cntrl Pickuo 4X4 Ext. Cab. R 6 25 000 Internal Fire Pickuo 4X4 R 6 26 000 Internal Fire Rescue Truck R 20 98.000 Grant/Internal Fire Storal!e Buildinl! R 25 120000 Grant/Internal Fire Pumoer Truck R 20 150000 Grant/Internal Fire Ememency Backuo Generator R 20 45.000 Grant/Internal Fire Remodel Fire Station R 30 1,000,000 Grant/Internal Fire Fire Hose R 10 40,000 Internal Fire Pumoer Truck R 20 150.000 Grant/Internal Fire Haz. Mat'l Vehicle & Eauiot N 15 175000 Grant/Internal Fire Fire Boat N 20 300 000 Grant/Internal Fire Ladder Platfonn Vehicle N 20 450.000 Grant/Internal Fire Fire Station (Nash RdISMIC area) N 30 950.000 Grant/Internal Enl!ineerinl! Street Reoair & Maintenance R Var. 363 732 Internal Street Grader with winl! R 15 175000 Lease;'Purch. Street 10-12 Yd Dumo Truck N 10 72.000 Grant/Internal Street Loader N 15 125,000 Grant/Internal Street 10-12 Yd Dumn Truck N 10 72.000 Grant/Internal Street Grader N 15 125.000 Grant/Internal P&R ADA-Park Facilities-Phase I N&R 20 20.900 GrantlInternal P&R ADA-Park Facilities-Phase II N&R 20 48 000 Grant/Internal P&R Community Recreation Center N 50 6500.000 Grant/Internal P&R Softball Field Comolex N&R 50 700.000 Grant/Internal P&R Reolace P&R Warehouse R 25 125 000 Grant/Internal P&R Gatewav-Land Aco. & Park N 15 60 000 Grant/Internal P&R Park Public Restrooms N 20 100.000 Grant/Internal P&R Used Passenl!er Van N 10 20,000 Internal Librarv ADA-Librarv R 20 27 000 Grant/Internal $8.681.632 $1.257.000 $2.150.000 . . . CITY OF SEWARD General Fund FY95 Capital Budget Capital Projects to be funded in FY95 Capital Acquisition Fund New Phone System Street Repair & Maintenance Motor Pool Fund Animal ent'l 4X4 Pickup Fire Dept. 4X4 Pickup Street Dept. Grader Possible Grant Funding Fire Dept. Rescue Truck P&R Gateway Land Acq. & Park Total FY95 Gen'l Fund Capital Projects FY95 Funding Sources Est. FY94 Capital Acquistion Fund Balance Transfer from FY93 Gen'l Fund Excess (80%) Funding from Motor Pool Fund Lease Purchase Financing Est. Grant Funding Total Proposed FY95 Capital Budget Funding $26,000 363,732 Total $389.732 $25,000 26,000 175,000 Total $226.000 $98,000 60,000 Total $158.000 $773.732 $120,726 295,006 25,000 175,000 158,000 $773.732 Note: $100,000 is available in the FY94 capital budget for street repairs & maintenance giving a total of $463,732 available for street repairs & maintenance for this summer. Lease purchase financing would be used to fund the grader which would increase the street depts. FY95 budget by $31,000 depending on financing terms. . . . CITY OF SEWARD HARBOR FUND 3 YEAR CAPITAL IMPROVEMENT PLAN Replace Est. N LU Estimated Cost BUDGET YEAR 995 Expected Funding Title - [)escnptIon or ew e I 1996 1997 Source B Street Dock N 30 10 200 000 Grant/Internal Float Svstem-UD!!rade & Reoair R 25 749000 Grant/Internal Electrical Extensions-Float System N 25 242.400 Grant/Internal ion-Harbor Moorinl! Facilitv N 50 11,000,000 Grant/Internal Pavin!! for N-Dock in SMIC N 20 155 000 Grant/Internal One Ton 4X4 Flatbed Truck R 10 25 000 Internal Extem Seward Fish Dock N 20 250 000 Grant/Intemal Bathroom Facilitv-North Harbor N 30 40 000 Internal Extem North Dock N 30 7,500 000 Grant/Internal One Ton Utility Truck R 10 25,000 Internal ADA Compliance N 30 465,000 Grant/Internal Fill area north of North Dock N Ind 175,000 Grant/Intemal 2nd Story on Harbonnaster's Bid!! N 20 150,000 Grant/Intemal Electrical UD!!rade-Floot System R 25 329,000 Grant/Internal $10,949,000 $11,712,400 $8.644,000 . . . CITY OF SEWARD EIECIRlC FUND 3 YEAR CAPITAL IMPROVEMENT PIAN Replace Est. Estimated Cost BUDGET YEAR Expected Funding Title - Descrintion or New Life 1995 1996 1997 Source 12KV Feeder/Nash Road R 40 250,000 Internal 3MW Generator, Bide; & Controls R 50 1,000,000 Grant/Internal Upe;rade Downtown System R 40 100,000 100 000 Internal Hie;h Mast Lil!hlll-SBH N 50 100,000 Internal Upe;rade-3.5 mUo Ft. Ra vrnon:! R 40 350 000 Granl/Internal Battery Bldl!-Pt. Ravrnon:! R 50 40 000 Internal Camelot 3 Phase & Reroute R 40 60 000 60,000 60 000 Internal RessRd. Undere;round Rebuild R 40 30 000 Internal Snow River 3 Phase Elee. Crossine; N 40 130,000 Grant/Internal $2.060,000 $160.000 $60.000 - . . CITY OF SEWARD WATER & SEWER FUND 3 YEAR CAPITAL IMPROVEMENT PLAN Estimated Cost Expected Replace Est. BUDGET YEAR Funding Title - Descrilltion or New Life 1995 1996 1997 Source New Water Well N 30 170 000 Grant/Intemal Water Main Tie-in Forest Acres N 30 150 000 Grant/Intemal Fire Hvdran1s N&R 30 68.000 Grant/Intemal Reolace Water Line-Nana to 4 Seasons R 30 100.000 Grant/Intemal Reolace Water Line-Nana to Seward Fish R 30 100 000 Grant/Intemal Reolace Fire Hvdrants-'larious R 30 500 000 Grant/Intemal $388.000 $100.000 $600.000 . .