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HomeMy WebLinkAbout4.09 Downtown Improvement Plan Budget Modifications I% 4 42.0:30 CITY OF DUBLIN AGENDA STATEMENT CITY COUNCIL MEETING DATE: January 12, 1987 SUBJECT Downtown Improvement Plan Budget Adjustments EXHIBITS ATTACHED Budget Change Form Ylf RECOMMENDATION Approve Budget Transfer of $13, 050 from Reserve FINANCIAL STATEMENT: See Below DESCRIPTION On November 12, 1985 and December 9, 1985, the City Council approved the hiring of 3 firms as consultants for the Downtown Improvement Plan: 1) Warster, Bernardi & Emmons; 2 ) Laventhol & Horwath, and 3) TJKM. The City Council approved work programs and budgets anticipating a certain level of land use, traffic and economic analysis and a certain number of meetings to be attended by the consultants . In the course of preparing the Downtown Improvement Plan, the need arose for far more traffic analysis and more meetings than called for in the work programs and budgets . Adjustments are needed in the Wurster, Bernardi & Emmons budget and the TJKM budget because of the additional traffic analysis and the additional meetings. The Wurster, Bernardi and Emmons budget called for 16 meetings. The TJKM budget called for 8 meetings . The additional meetings also caused the need for adjustments in the Laventhol & Horwath budget which called for 7 meetings . For the above reasons, the following budget adjustments are needed to complete the Downtown Improvement Plan: Existing Supplemental Budget Required Total Wurster, Bernardi & Emmons $ 65, 000 $ 3, 000 $ 68, 000 TJKM 11, 000 7, 600 18, 600 Laventhol & Horwath 22, 500 2, 450 24, 950 $ 98, 500 $ 13, 050 $111, 550 Staff recommends that the City Council approve a Budget Transfer of $13, 050 from the Contingent Reserve to the consultant budgets to complete the Downtown Improvement Plan. COPIES TO: Planning Files 06f ITEM NO. , 9 CO CITY OF DU,.BLIN • BUDGET _ C .HANGE • FORM • • FROM TO 3 APPROPRIATION - ' ACCOUNT AMOUNT ' ACCOUNT AMOUNT 3 TRANSFER • - 1-1: 108 705.22 - 13,050.00 3-32 13,050.00 3 AMENDMENT • • • JSTIFICATION • A BUDGET TRANSFER IS NEEDED FROM THE CONTINGENT RESERVE TO THE CAPITAL IMPROVEMENT PROJECT (3-32).,DOWNTOWN IMPROVEMENT PLAN TO COVER ADDITIONAL EXPENSES FOR CONSULTANT SERVICES. AS APPROVED ON CITY COUNCIL MEETING JANUARY 12, 1987. 7EMITIZED COST - • DOWNTOWN IMPROVEMENT PLAN 13,050.00 • • •• TOTAL 13,050.00 ITY . DATE• ANAGER APPROVAL 1TY , �� • DATE , . /- / r�7• OUNCI L.. APPROV TG • �T 1-/- 1 •