HomeMy WebLinkAboutResolution 2021-004 Authorizing the Transfer of $550,000 to The Adonis Road Extension Project MARANA RESOLUTION NO. 2021-004
RELATING TO BUDGET; AUTHORIZING THE TRANSFER OF $550,000 IN
BUDGETED EXPENSE AUTHORITY FROM THE OTHER AGENCY FUND 3045 LINE
ITEM TO THE TRANSPORTATION FUND LINE ITEM IN THE FY21 BUDGET FOR
COSTS RELATED TO THE ADONIS ROAD EXTENSION PROJECT
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 Engineering Department included funding of $5,231,009 for the
Adonis Road Extension project in its FY21 Capital Improvement Plan budget based on a
cost estimate before the design plans were completed; and
WHEREAS following budget adoption, there were significant demands placed on
the project by the Central Arizona Project(CAP)to cross over their canal siphon and there
was a relocation of an irrigation canal with prior rights not included in the original
budget; and
WHEREAS on October 28, 2020, the Town of Marana and Granite Construction
Company entered into a Construction Manager at Risk Contract (CMAR) to construct the
Adonis Road Extension project for $3,950,741.94 thereby creating a budget shortfall of
$517,481.01; and
WHEREAS staff is requesting a transfer of up to $550,000 to cover the budget
shortfall and small additional contingencies from the Other Agency Fund 3045 to the
Transportation fund to allow construction of the Adonis Road Extension project to pro-
ceed on schedule and not impact the schedule of other pending projects; 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 $550,000.00 in budgeted expense authority from the
Other Agency Fund 3045 to the Transportation Fund in the fiscal year 2020-2021 budget
is hereby approved.
Marana Resolution No.2021-004 - 1 -
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 19th day of January, 2021.
Mayor Ed Honea
ATTEST: APPROVE 11 AS TO FORM:
cpyzCherry L.' son, Town Clerk /Or airall, Town Attorney
i4111
MARANA A
ESTABLISHED i97
Marana Resolution No.2021-004 - 2 -