Public Works Committee

Council Chambers

Agenda — 7 items

1. 1 Roll Call: Chair Gerlach, Affa, Zucal ▶ jump to 0:04
2. 2 Bill 62 Amending the 2024 Capital Fund Budget to provide for a transfer of Seven Hundred Thousand Dollars ($700,000.00) from the Residential Street Construction capital account to the City-Owned Building Repairs capital account. This will transfer the unused funds from the Residential Street Construction project to the City-Owned Building Repairs capital account. 15-7055 ▶ jump to 0:12
3. 3 Bill 63 Amending the 2024 Capital Fund Budget to provide for a transfer of Eight Hundred Seventeen Thousand Dollars ($817,000.00) from the General Fund Unappropriated Cash Balance to the Administrative Order capital account. The debt will be paid back with 4.250% annual interest in full no later than May 31, 2029, pursuant to the Annual Debt Service presented in the annual report required will allow the Administrative Order (AO) fund to have the additional funds needed to complete the City’s requirements under the Concession Lease Agreement. 15-7056 ▶ jump to 3:15
4. 3 Bill 62 Amending the 2024 Capital Fund Budget to provide for a transfer of Seven Hundred Thousand Dollars ($700,000.00) from the Residential Street Construction capital account to the City-Owned Building Repairs capital account. This will transfer the unused funds from the Residential Street Construction project to the City-Owned Building Repairs capital account. 15-7055 ▶ jump to 1:03
5. 4 Note: The Q2 Capital Report was forwarded to Council. Has there been any major changes since the committee last reviewed the report? ▶ jump to 4:56
6. 5 Monthly Finances Capital Report 15-7082
7. 6 Adjournment