HomeMy WebLinkAboutResolution 2020-114 Authorizing the transfer of $420,000 from WT047 to WT037 in FY2020-2021 MARANA RESOLUTION NO. 2020-114
RELATING TO BUDGET; AUTHORIZING THE TRANSFER OF UP TO $420,000 IN
BUDGETED EXPENSE AUTHORITY FROM THE WATER CAPITAL FUND WT047
MARANA PARK WELL TO THE WATER CAPITAL FUND WT037 TANGERINE W TO
X-ZONE BOOSTER STATION AND PRV IN THE FISCAL YEAR 2020-2021 BUDGET
FOR COSTS RELATED TO THE CONSTRUCTION OF THE BOOSTER STATION
WHEREAS on July 21, 2020, the Town Council adopted the fiscal year 2020-2021
budgetary document and overall financial plan which set the legal level of budgetary
control at the department level for the General Fund and at the fund level for all other
funds; and
WHEREAS the Tangerine W to X-Zone Booster Station and PRV is necessary to
provide water service, including fire flow capacity, to the X-Zone service area in North
Marana; and
WHEREAS 100% complete design plans for the booster station were completed in
April 2020, with an Opinion of Probable Construction Cost of $876,000 and an available
construction budget of approximately $911,000; and
WHEREAS on August 31, 2020, bids for the booster station project were opened
and the lowest acceptable base bid was $1,325,838; and
WHEREAS staff is requesting a transfer of up to$420,000 from Water Capital Fund
WT047 Marana Park Well to Water Capital Fund WT037 Tangerine W to X-Zone Booster
Station and PRV to allow construction of the booster station to proceed on schedule and
not impact the schedule of other pending projects; and
WHEREAS reallocating amounts between two projects in the same fund (Water
Impact Fee Fund 5011) within the fiscal year 2020-2021 budget will not significantly im-
pact the Fund; and
WHEREAS reallocations of budgetary amounts between Capital Improvement
Projects are necessary from time to time; and
WHEREAS the Council finds that the reallocations addressed by this resolution
are in the best interest of the Town of Marana and its citizens.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE TOWN OF MARANA, ARIZONA, AS FOLLOWS:
SECTION 1. The transfer of up to$420,000.00 in budgeted expense authority from
Water Capital Fund WT047 Marana Park Well to Water Capital Fund WT037 Tangerine
Marana Resolution No.2020-114 - 1 -
W to X-Zone Booster Station and PRV in the fiscal year 2020-2021 budget is hereby ap-
proved.
SECTION 2. The Town's Manager and staff are hereby directed and authorized to
undertake all other and further tasks required or beneficial to carry out the terms, obliga-
tions, and objectives of this resolution.
PASSED AND ADOPTED BY THE MAYOR AND COUNCIL OF THE TOWN OF
MARANA, ARIZONA, this 6th day of October, 2020.
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Mayor Ed Honea
ATT TAr4vAdik A OA,17-1___ APPROVED AS TO FORM:
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Cherry La on, Town Clerk yra Cas 4 y, Town A .r ey
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MARANA AZ
ESTABLISHED 1977
Marana Resolution No.2020-114 - 2 -