HomeMy WebLinkAbout10-03-16 CC Mtg - A5. Resolution 4731
Commission Memorandum
REPORT TO: Honorable Mayor and City Commission
FROM: Anna Rosenberry, Administrative Services Director
SUBJECT: Commission Resolution No. 4731 – Amending the City’s Annual Budget
for Street Impact Fee Appropriations for the Fiscal Year Ending June 30,
2017 (FY17).
MEETING DATE: October 3, 2016
AGENDA ITEM: Action
RECOMMENDATION: Approve Resolution No. 4731 – with any changes necessary to
mirror approved Capital Improvement Plan amendments (previous agenda item.)
BACKGROUND: The attached Resolution seeks to amend the budget for the proposed
changes to the Street Impact Fee Capital Improvement Plan (CIP) for Fiscal Years 2017-2021. A
budget amendment is necessary for the changes made to Plan Year 2017, which is our current
budget year. The items and amounts are as follows:
Additions: These projects and amounts are added to the FY17 budget.
SIF 077 – Graf Street Extension (added dollars) $1,120,000
SIF 095 – N. 27th Street – construction $350,000
SIF 099 – N. 27th Street – design $52,500
SIF 107 – Fowler Right-of-Way $800,000
Reduction: This project and amount will be removed from the FY17 budget.
SIF 103 – S. 11th Avenue – design ($396,000)
Total Appropriations Changes: $1,926,500
Changes to the CIP for FY18-FY21 do not require a budget amendment. These changes will be
incorporated into the updated CIP version we are preparing this fall.
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ALTERNATIVES: Do not fund these projects. Or, make cuts to other projects in order to
offset the costs of these projects in the current year.
FISCAL EFFECTS: The current budgeted spending in the Street Impact Fee Fund will
increase by a total of $1,926,500. The City will provide funding for the items listed as
“additions”. The City will not fund the item indicated as “reduction”.
The Street Impact Fee Fund has sufficient cash available to fund the additional spending in
FY17.
Attachment: Resolution No. 4731
Report compiled on September 20, 2016
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Page 1 of 2
COMMISSION RESOLUTION NO. 4731
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
BOZEMAN, MONTANA, AMENDING THE CITY’S ANNUAL BUDGET FOR
STREET IMPACT FEE APPROPRIATIONS FOR THE FISCAL YEAR
ENDING JUNE 30, 2017.
WHEREAS, the City Commission did, on the 20th day of June, 2016, after due and proper legal
notice, conduct a public hearing and adopt a municipal budget for Fiscal Year 2016-2017 (Fiscal Year
2017); and
WHEREAS, the need to change the projects and amounts approved in the Fiscal Year 2017
budget for Street Impact Fee funding now exists; and
WHEREAS, these changes were presented to and discussed by the City’s Impact Fee Advisory
Committee on September 15, 2016; and
WHEREAS, the City Commission did, on the 26th day of September, 2016, after due and proper
legal notice, conduct a public hearing on proposed amending the municipal budget.
NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Bozeman,
Montana, to wit:
Section 1 – Appropriation Changes The City Commission of the City of Bozeman, Montana, does hereby authorize the following
changes to expenditures in the Street Impact Fee Fund:
Additions: These projects and amounts are added to the FY17 budget.
SIF 077 – Graf Street Extension (added dollars) $1,120,000
SIF 095 – N. 27th Street – construction $350,000 SIF 099 – N. 27th Street – design $52,500
SIF 107 – Fowler Right-of-Way $800,000
Reduction: This project and amount will be removed from the FY17 budget.
SIF 103 – S. 11th Avenue – design ($396,000)
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Page 2 of 2
Total Appropriations Changes: $1,926,500
Section 2 – Use of Cash on Hand in the Street Impact Fee Fund
The increased appropriation will be funded with cash on hand in the Street Impact Fee Fund.
Section 3
Pursuant to Section 7-6-4030, M.C.A., this resolution, upon its passage, shall be in full force
and effect on July 1, 2016. Section 4 That should it be found by any court of competent jurisdiction that any section, clause, portion,
sentence, word, or phrase of this resolution is deemed to be contrary to any existing law or regulations,
that in this instance, it is the intent of the City Commission of the City of Bozeman, Montana, that all other portions, sections, words, clauses, phrases, or paragraphs of this document shall remain in full force and effect.
PASSED AND APPROVED by the City Commission of the City of Bozeman, Montana, at a
regular session thereof held on the 3rd day of October, 2016.
________________________________________ CARSON TAYLOR Mayor
ATTEST:
_____________________________________
ROBIN CROUGH
City Clerk
APPROVED AS TO FORM:
________________________________________
GREG SULLIVAN
City Attorney
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