City of Racine - File #: 14-10230

• File #: 14-10230
• Version: A
• Name: Communication from the Finance Director (Res No. 14-0256)
• Type: Communication
• Status: Passed
• File created: 5/29/2014
• In control: Finance and Personnel Committee
• Final action: 6/17/2014
• Title: Subject: Communication from the Finance Director requesting staff meet with the Finance and Personnel Committee at their next scheduled meeting on June 9, 2014 to discuss appropriating recaptured bonded capital project funds from prior years. (Res No. 14-0256) Recommendation of the Finance & Personnel Committee on 6-9-14: That $1,100,000 of recaptured capital project bond funds be appropriated for road improvement projects ($700,000) and the BUS storage facility roof repair ($400,000). Fiscal Note: The recaptured funds will be appropriated as follows: 21st Street, Green Bay Road to Loni Lane, $190,000 21st Street, Monroe Avenue to Virginia Street, $250,000 Carlton Drive, St. Clair Street to Douglas Avenue, $260,000 BUS Storage Facility roof repair $400,000
• Related files: Res.14-0256

Date	Ver.	Action By	Action	Result
6/17/2014	A	Common Council	Approved as Presented	Pass
6/9/2014	A	Finance and Personnel Committee
6/3/2014	A	Common Council	Referred

Title

Subject: Communication from the Finance Director requesting staff meet with the Finance and Personnel Committee at their next scheduled meeting on June 9, 2014 to discuss appropriating recaptured bonded capital project funds from prior years.  (Res No. 14-0256)

Recommendation of the Finance & Personnel Committee on 6-9-14: That $1,100,000 of recaptured capital project bond funds be appropriated for road improvement projects ($700,000) and the BUS storage facility roof repair ($400,000).

Fiscal Note: The recaptured funds will be appropriated as follows:

21^st Street, Green Bay Road to Loni Lane, $190,000

21^st Street, Monroe Avenue to Virginia Street, $250,000

Carlton Drive, St. Clair Street to Douglas Avenue, $260,000

BUS Storage Facility roof repair $400,000