R-05-08-25-13C2 - 8/25/2005 RESOLUTION NO. R-05-08-25-13C2
WHEREAS, the City Staff and the City Council have studied and
assessed the needs of the City for certain capital projects, and
WHEREAS, the City Council desires to prioritize and fund these
needed capital projects from the Self-Financed Construction Fund, Now
Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK, TEXAS,
That the list of capital projects along with their estimated costs
as shown in Exhibit "A" , attached hereto and incorporated herein, are
approved for funding from the General Self-Financed Construction Fund.
The City Council hereby finds and declares that written notice of
the date, hour, place and subject of the meeting at which this
Resolution was adopted was posted and that such meeting was open to the
public as required by law at all times during which this Resolution and
the subject matter hereof were discussed, considered and formally acted
upon, all as required by the Open Meetings Act, Chapter 551, Texas
Government Code, as amended.
RESOLVED this 25th day of August, 2005 .
NWELL,'Mgyor
AEST: Cit of Round Rock, Texas
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CHRISTINE R. MARTINEZ, City Secre ry
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City of Round Rock
General Self-Financed Construction
August 2005
Funding Sources
Pre 2004 Amount for Projects in Progress 4,414,000
2004 Available 5,000,000
FY 2005 Estimated End of Year Transfer 3,000,000
Total Funding Sources $ 12,414,000
Self-Financed
Uses Project Budget
Pre 2004 Remaining Proiects
CR 122 1,600,000
Police Mobile Data Terminal Project 600,000
ReUse Water at OSP 764,000
City Software and Network Upgrades 290,000
Downtown/Correa Property Purchase 1,160,000
Total Pre 2004 Remaining Projects $ 4,414,000
2005 Capital Spending Plan
Fire Station#7 and Rescue Program 2,000,000
Golf Course Loan 1,000,000
Old Settler's Park Improvements 750,000
Round Rock West Streets 500,000
Gattis School Road Corridor Enhancement 250,000
Animal Shelter 500,000
Total 2005 Capital Spending Plan $ 5,000,000
2006 Capital Spending Plan
Police Building Construction 3,000,000
Total Self-Financed Construction Projects $ 12,414,000
*Total Project estimated at$20,000,000-Additional Funding Required
EXvnLJIBIT 'W'
DATE: August 19, 2005
SUBJECT: City Council Meeting - August 25, 2005
ITEM: 13.C.2. Consider a resolution approving the funding of certain capital projects
from the General Self-Financed Construction Fund.
Department: Finance Department
Staff Person: Cindy Demers, Finance Director
Justification:
This resolution approves a list of priority projects for the City's Self-financed Construction Fund.
For reference purposes, this list contains existing projects currently in progress and previously
approved through prior year budget revision transfers as well as additional projects identified
through this year's prioritization process. The additional projects will be funded with the amounts
available from FY 2004 and the anticipated FY 2005 transfer from the City's General Fund. In
order to track funding sources for the projects, we have segmented the projects into annual
spending plans.
Funding:
Cost: N/A
Source of funds: General Fund Operating Budget - Transfers to Self-financed construction fund.
Outside Resources: N/A
Background Information•
Earlier this year, City staff gathered a list of priority projects from all City departments. Through
review with the City Manager as well as feedback from the City Council, the attached document
identifies the priority projects resulting from this process.
Public Comment: N/A