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R-06-09-28-14D2 - 9/28/2006RESOLUTION NO. R -06-09-28-14D2 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 28th day of September, 2006. leticotunii). NYWEL , ayo ity of Round Rock, Texas CHRISTINE R. MARTINEZ, City Secr4tary @PFDesktop\::ODMA/WORLDOX/0:/wdox/RESOLUTI/R60928D2.WPD/rmc City of Round Rock General Self -Financed Construction 2007 Capital Spending Plan Funding Sources Pre 2004 Amount for Projects in Progress FY 2004 End of Year Transfer from General Fund FY 2005 End of Year Transfer from General Fund FY 2006 Budgeted Financial Management Policy Transfer FY 2006 Proposed End of Year Transfer Total Funding Sources Uses $ 2,814,000 5,000,000 6,556,800 807,000 7,900,000 $ 23,077,800 Police Mobile Data Terminal Project ReUse Water at OSP City Software and Network Upgrades Downtown/Correa Property Purchase Fire Station #7 and Rescue Program Golf Course Loan 2006 Old Settler's Park Improvements Round Rock West Streets Gattis School Road Corridor Enhancement Police Building Construction 2007 PARD Ballfield Improvements (Old Settler's Park) 2007 Financial Infomation System Upgrade Available for Future Allocation (Police Bldg, PARD Imp, or CWICS) Total Self -Financed Construction Projects *Total project estimated at $2,750,000 "Total project estimated at $21,500,000 ***Total project estimated at $14,390,000 600,000 764,000 290,000 1,160,000 2,000,000 1,000,000 750,000 500,000 250,000 13,556,800 1,200,000 500,000 507,000 $ 23,077,800 EXHIBIT "A' DATE: September 21, 2006 SUBJECT: City Council Meeting - September 28, 2006 ITEM: 14.D.2. Consider a resolution approving the funding of certain capital projects from the General Self -Financed Construction Fund. Department: Staff Person: Justification: Finance Cindy Demers, Director of Finance 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 the FY 2006 transfer from the City's General Fund. Funding : Cost: N/A Source of funds: General Fund Operating Budget - Transfers to Self -financed construction fund. Outside Resources: N/A Background Information: N/A Public Comment: N/A