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HomeMy WebLinkAbout04. 19-403 JULY 23, 2019 19-403 RESOLUTION (CARRIED 7-0 LOST LAID OVER WITHDRAWN ) PURPOSE: APPROVE AMENDMENT TO 2018 CAPITAL IMPROVEMENT PROGRAM (CIP) BUDGET—RAINBOW MEMORIAL PARK BALL FIELD IMPROVEMENT FUND IN THE AMOUNT OF $15,000.00 INITIATED BY: PARKS DEPARTMENT WHEREAS, the Common Council has adopted the 2018 CIP Budget, which is on file in the Office of the City Clerk and available for public inspection; and WHEREAS, it is necessary to amend the 2018 CIP Budget to add donated funds supporting project expenditures for the Rainbow Park Ball Field Improvements. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Oshkosh that the 2018 CIP Budget, on file in the City Clerk's Office, is hereby amended with adjustments as listed in attached Exhibit 7. EXHIBIT 7 2019 CAPITAL IMPROVEMENT PROGRAM ADJUSTMENTS PROP.IMP. PAGE EQUIPMENT TOTAL PROPOSED AMENDMENT:07.23.19 Res 19- A : Increase Budget Rainbow Memorial Par Additional donation $ 15,000 $ 15,000 $ 15,000 $ 15,000 City l c Oshkosh TO: Honorable Mayor and Members of the Common Council FROM: Ray Maurer, Parks Director DATE: July 17,2019 RE: Approve Amendment to 2018 Capital Improvement Program (CIP) Budget - Rainbow Park Ball Field Improvement Fund BACKGROUND On November 29, 2017, the Common Council adopted the 2018 budgets. At that time, additional donations were unknown for the Rainbow Park Ball Field Improvement Fund. On October 23,2018, the Common Council amended The Rainbow Park Ball Field Improvement Fund as $80,000 in donations were received from the Oshkosh Area Community Foundation thanks to the efforts of Sydney Supple. ANALYSIS The Rainbow Park Ball Field Improvement project began in the fall of 2018 and is currently taking place. Sydney has continued the fundraising and an additional$15,000 contribution for the Rainbow Park Ball Field Improvement Fund was recently received by the City. These funds are necessary for the completion of the project. FISCAL IMPACT The total fiscal impact is $15,000.00. The amendment will authorize acceptance of the donations and funding for the project to A/N#: 0325-0610-7216-07610. RECOMMENDATION Staff recommends that Council approve this resolution. Respectfully Submitted, Approved, Ray Maurer,Parks Director Mark A. Rohloff, City Manager