Request for Committee Action

A briefing memo explaining the purpose, background, and impact of the requested action.

4th St SE Street Lighting Projects: Reapproving and extending expired project appropriations and bonding (RCA-2021-01133)


ORIGINATING DEPARTMENT

Finance & Property Services

To Committee(s)

# Committee Name Meeting Date
1 Policy & Government Oversight Committee October 6, 2021
Lead Staff:
Allen Hoppe
Presented By:
Allen Hoppe

Action Item(s)

# File Type Subcategory Item Description
1 Resolution Bond

Passage of Resolution reapproving project appropriations and bond issuance authorizations for the 4th St SE Street Lighting Projects, approved in calendar year 2017, in the amount of $113,030 for the project from 25th Ave SE to 29th Ave SE; and in the amount of $95,000 for the project from 29th Ave SE to Malcolm Ave SE.

Ward / Neighborhood / Address

# Ward Neighborhood Address
1. Not Applicable

Background Analysis

This project is in the domain of Publci Works.

Under the City's Financial Policy regarding Capital Project Administration, capital project appropriations and the associated bonding authority for capital projects expire automatically four years after approval.  Expired appropriations and bond authorizations can be restored by action of the City Council.  

Resolutions 2017R-042 and 2017R-043, approved by the Council 01-27-2017, respectively approved project appropriations by the City and a request to the Board of Estimation and Taxation for the City to bond for the following street lighting project:
$113,030.00 for CPV094, described as 4th St SE, Municipal State Aid (MSA) 447, Street Lighting Project, from 25th Ave SE to 29th Ave SE, Special lmprovement of Existing Street No. 2286L 

Resolutions 2017R-047 and 2017R-048, approved by the Council on 01-27-2017, respectively approved project appropriations by the City and a request to the Board of Estimation and Taxation for the City to bond for the following street lighting project:
$95,000.00 for CPV0874th, described as 4th St SE, Municipal State Aid (MSA) 447 , Street Lighting Project, from 29th Ave SE to Malcolm Ave SE, Special lmprovement of Existing Street No. 2996L