Title
AN ORDINANCE CREATING A FIRE STATION RENOVATION FUND (421).
Brief Description: The purpose of this Ordinance is to establish a separate fund to track the funding and construction costs of the renovations at the fire/EMS station.
Body
Legislative History
Res. No. 25-109 Authorized the design contract with K2M for the fire and EMS facility renovations.
Ordinance 25-135 Authorized the sale of $5,000,000 in notes to finance the renovations.
Purpose & Explanation
The purpose of the ordinance is to establish a separate fund to track the debt proceeds and construction costs of the renovations.
Timing Considerations
None.
Fiscal Impact
Currently Budgeted
Supplemental Appropriation Required
X Appropriation Not Required.
Recommendation
Suggested Action
Staff recommends establishing the Fire Station Renovation Fund (421)
Submitted by,
Thomas Sheridan, City Manager
Jeff Knoblauch, Assistant City Manager - Finance Director
Margaret Tussey, Assistant Finance Director