(8)(d)
CITY COMMISSION REGULAR MTG
- Meeting Date:
- 05/20/2020
- Title:
- Amend fiscal year 2019-20 budget
- Submitted For:
- Laura Boyd
- Submitted By:
- Laura Boyd, Finance
- Department:
- Finance
Information
ACTION REQUEST (Brief Summary)
Consider approval of a request to amend the City of Texas City's fiscal year 2019-20 budget.
BACKGROUND
A budget amendment is needed to appropriate funds for landscaping project along Amburn Road from Emmett Lowry Expwy. to Hwy. 3. See the email from Dennis J. Harris below.
From Dennis J. Harris, Director of Recreation & Tourism:
I am requesting that a budget amendment be placed on May 20, 2020 City Commission Agenda in the amount of $448,217, for the commissioners consideration and approval. The purpose will be to continue the landscaping project on Amburn Road at Emmett Lowry freeway (FM 1764) to Hwy 3. This project will partially be funded by Castle Rock Developers with a commitment of $350,000, currently to date they have paid $175,000 with the balance to be paid in the near future.
I am requesting the funding to support the development and installation of landscaping, electrical installation and purchasing of Black antique double lights with poles. This landscaping project will be consistent with the landscaping that was done in front of COM.
Below is a breakdown of the different components of the project:
Contingency 5% $29,677
Grand Total $623,217
-$175,000 (have been received for half of their participation)
Net Requested $448,217
Should you have any questions, please let me know.
Thanks
Dennis
Dennis J. Harris, Director
City of Texas City
Parks, Recreation & Tourism Department
Office: (409) 949-3030
From Dennis J. Harris, Director of Recreation & Tourism:
I am requesting that a budget amendment be placed on May 20, 2020 City Commission Agenda in the amount of $448,217, for the commissioners consideration and approval. The purpose will be to continue the landscaping project on Amburn Road at Emmett Lowry freeway (FM 1764) to Hwy 3. This project will partially be funded by Castle Rock Developers with a commitment of $350,000, currently to date they have paid $175,000 with the balance to be paid in the near future.
I am requesting the funding to support the development and installation of landscaping, electrical installation and purchasing of Black antique double lights with poles. This landscaping project will be consistent with the landscaping that was done in front of COM.
Below is a breakdown of the different components of the project:
- Plant material/irrigation $227,466
- Electrical installation cost $169,000
- Black Antique double lights w/poles $197,074
Contingency 5% $29,677
Grand Total $623,217
-$175,000 (have been received for half of their participation)
Net Requested $448,217
Should you have any questions, please let me know.
Thanks
Dennis
Dennis J. Harris, Director
City of Texas City
Parks, Recreation & Tourism Department
Office: (409) 949-3030
ANALYSIS
Budget amendment:
General Fund (Fund 101):
Land & Building Improvements $448,217.00
Unassigned Fund Balance ($448,217.00)
General Fund (Fund 101):
Land & Building Improvements $448,217.00
Unassigned Fund Balance ($448,217.00)