Minutes 06/13/2017 - Laserfiche WebLink

Home Browse Search

June 13, 2017 - City Manager’s Report - 17 - 243 - Adoption of an ordinance to amend the FY 2017 and FY 2018 Capital Improvement Program budgets by closing out Building Preservation Project-601 & 1846 Courthouse and transferring the project’s remaining budgeted funding of $293,857 to the Renovations to Various Buildings project to fund Naval Museum structural repairs and other building renovations. Background:  The CIP Building Preservation Project-601 & 1846 Courthouse is complete and came in under budget.  The project’s remaining balance of $293,857 can be used to fund structural repairs to the Naval Museum and other building renovation projects.  Per City Code, City Council is required to approve all CIP transfers and budget transfers over $100,000. Discussion:  Since the Building Preservation Project-601 & 1846 Courthouse is complete, it is necessary to close out the project in the CIP budget.  Transferring the remaining budgeted amount to the Renovations to Various Buildings project will provide necessary funding to continue structural repairs on the Naval Museum and other buildings. Financial Impact:  The transfer of previously budgeted funds within the CIP avoids the need to find another funding source for the Renovations to Various Buildings project. Recommended Action:  Adoption of the ordinance. Next Steps Following Council Action:  The Finance Department will complete the necessary budget adjustments. Motion by Mr. Moody, and seconded by Ms. Psimas, to adopt the following ordinance, and was adopted by the following vote: “ORDINANCE TO AMEND THE FY 2017 AND FY 2018 CAPITAL IMPROVEMENT PROGRAM BUDGETS BY CLOSING OUT BUILDING PRESERVATION PROJECT- 601 & 1846 COURTHOUSE AND TRANSFERRING THE PROJECT’S REMAINING BUDGETED FUNDING OF $293,857 TO THE RENOVATIONS TO VARIOUS BUILDINGS PROJECT TO FUND NAVAL MUSEUM STRUCTURAL REPAIRS AND OTHER BUILDING RENOVATIONS.” Ayes: Cherry, Clark, Lucas-Burke, Moody, Psimas, Whitaker, Rowe Nays: None 17 - 244 - Adoption of an ordinance to appropriate $334,903 of FEMA grant funding and insurance proceeds received as a result of Hurricane Matthew to the Operation and Maintenance Classification of the FY 2017 Grant Fund Budget for the Portsmouth Public Schools. Background:  On October 7-8, 2016, Hurricane Matthew’s high winds and flooding caused damage to 10 classrooms at the Westhaven Elementary School. The estimated cost for repairs is $354,100.  PPS submitted claims and the total estimated receipt of funds are 1) $193,797 from the Department of Homeland Security FEMA grant; and 2) $141,106 in insurance proceeds from VA CORP. The balance of the cost for repairs ($19,197) is being funded from the PPS general fund.