Title
A Resolution Of The City Commission of the City of Hollywood, Florida, Amending the Capital Improvement Projects Budget for the Fiscal Year 2015 Adopted Budget (R-2014-282), to Revise Revenues and Authorize Budgetary Transfers as Set Forth in Exhibit 1 and 2, Authorizing the Establishment of Necessary Accounts, the Transfer of Funds and Other Necessary Account Adjustments, and Providing an Effective Date.
Body
Staff Recommends: Approval of the Attached Resolution
Explanation:
The proposed resolution amends the adopted Fiscal Year 2015 Capital Improvement Projects Budget.
• Recognize transfer made from other funds and authorize funding and approval of the following new projects
o Construction renovations needed in the Records and Archives area being funded with available funds in the Records Preservation Trust Fund
o Repaving and addressing flooding in the SE quadrant of the City Hall Parking lot. A portion of the project will be funded by the Parking Enterprise Fund as the parking lot is available for their customers
o Relocation of the Beach Maintenance Compound being funded with Sanitation Enterprise Funds
• Recognize new revenues collected for Park Impact Fees and allocate those to ongoing improvements being completed as part of Stan Goldman Park project
• Closing various completed projects and transferring the available funding to the SE quadrant of City Hall Parking lot - repaving and flooding project
• Administrative cleanup of prior year grant related projects
Recommended for inclusion on the agenda by:
Dr. Wazir Ishmael, City Manager
George R. Keller, Jr., Assistant City Manager for Finance and Administration
Matthew Lalla, Director, Financial Services