HomeMy WebLinkAboutResolution 2024-071 Budget Transfer for Tangerine Road Widening, Phase 2A Project and Santa Cruz SUP at CalPortland MARANA RESOLUTION NO. 2024-071
RELATING TO BUDGET; APPROVING THE TRANSFER OF UP TO $2,628,167 IN
BUDGETED EXPENSE AUTHORITY FROM THE OTHER AGENCY FUNDS (FUND #
3045) MOORE ROAD - INTERSTATE 10, TRAFFIC INTERCHANGE PROJECT (ST115),
TRANSFERRING AMOUNTS OF UP TO $1,232,526 TO THE TANGERINE ROAD
WIDENING, PHASE 2A PROJECT (ST098) AND UP TO $1,395,641 TO THE SANTA
CRUZ SUP AT CALPORTLAND PROJECT (PK023) IN THE FISCAL YEAR 2024-2025
BUDGET
WHEREAS on June 18, 2024, the Town Council adopted the fiscal year 2024-2025
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 on January 25,2024,the Town and Borderland Construction Company
(Borderland) entered into a construction contract to construct the Santa Cruz SUP at Cal-
portland Project (PK023) expecting to finish the project by the end of the fiscal year, and,
as a result, the PK023 project was not included in the fiscal year 2024-2025 budget; and
WHEREAS due to construction material delays, the PK023 project will now be
completed in the first quarter of the current fiscal year and funding of up to $1,395,641
for this project must be added to the fiscal year 2024-2025 budget; and
WHEREAS on June 4, 2024, the Town and Borderland amended the construction
contract for the Tangerine Road Widening, Phase 2A Project (ST098) to construct a Joint
Utility Trench (JUT) to be used by Comcast, Lumen, and Trico; and
WHEREAS the funding for the JUT will be provided by Comcast,Lumen and Trico
but budget appropriation of up to$1,232,526 is required for the ST098 project in the fiscal
year 2024-2025 budget; and
WHEREAS on February 27, 2024, the Town applied to the federal government for
a grant requesting $5,000,000 in RAISE grant funding for the Moore Road-Interstate 10
Traffic Interchange Project (ST115); and
WHEREAS the Town was not awarded the RAISE grant,and,as a result,the Town
will not be conducting planning and design services for ST115 project this fiscal year;and
Marana Resolution No.2024-071 - 1 -
WHEREAS up to $2,628,167 in funding for ST115 project in the fiscal year 2024-
2025 budget can be used for the budgets for the PK023 and ST098 projects; and
WHEREAS transferring up to $1,232,526 in budgeted expense authority from the
ST115 project to the ST098 budget within the fiscal year 2024-2025 budget will not signif-
icantly impact the General Fund; and
WHEREAS transferring up to $1,395,641 in budgeted expense authority from the
ST115 project to the PK023 budget within the fiscal year 2024-2025 budget will not signif-
icantly impact the General Fund; 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 $1,232,526 in budgeted expense authority from
the Moore Road- Interstate 10, Traffic Interchange project (ST115) to the Tangerine Road
Widening, Phase 2A Project (ST098) within the fiscal year 2024-2025 budget, is hereby
approved.
SECTION 2. The transfer of up to $1,395,641 in budgeted expense authority from
the Moore Road- Interstate 10, Traffic Interchange project (ST115) to the Santa Cruz SUP
at Calportland Project (PK023) within the fiscal year 2024-2025 budget, is hereby ap-
proved.
SECTION 3. The Towri 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 August, 2024.
Mayor Ed Honea
ATT APPRO D AS TO FORM:
t
David L. Udall, Town Clerk Jan hall, Town Attorney
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Marana Resolution No.2024-071 eITt& fc°,Z - 2 -