SUBJECT: Approval to Accept, Increase Revenue, and Appropriate Partial Payment for the Stephen Leonard Park Community Center in the Amount of $115,525.93 REPORT IN BRIEF Considers approving a partial payment from McLarens Property Insurance Company for the claim submitted to Alliant Property Insurance for damages caused by the May 17, 2022, fire to the Stephen Leonard Park Community Center. RECOMMENDATION City Council - Adopt a motion: A. Accepting a partial payment; increasing the revenue to Cost Recovery account in Fund 5000 - Parks & Community Services CIP in the amount of $115,526; and, B. Appropriating the same in Fund 5000 - Parks & Community Services CIP to Project CP230052-Stephen Leonard Park Community Center; and, C. Authorizing the Finance Officer to make the necessary budget adjustments for any future partial payments associated with Project CP230052-Stephen Leonard Park Community Center Repairs.

Consent Item Passed Introduced March 15, 2023

Committee: City Council/Public Finance and Economic Development Authority/Parking Authority
Introduced: March 15, 2023
On agenda: April 3, 2023
Passed: April 3, 2023