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HomeMy WebLinkAboutOrd 1335 - 1984 Budget Amendment s CITY OF TUKWILA WASHINGTON ORDINANCE NO. 1 3-3-6— AN ORDINANCE OF THE CITY OF TUKWILA, WASHINGTON, REINSTITUTING THE 'WATER /SEWER CONSTRUCTION FUND, AUTHORIZING THE SHORT -TERM FINANCING REQUIRED TO FINANCE CERTAIN WATER AND SEWER CAPITAL PROJECTS FOR THE PERIOD 1984 -1987, AND AMENDING THE 1984 BUDGET ADOPTED BY ORDINANCE NO. 1310,PASSED BY THE CITY COUNCIL ON DECEMBER 22, 1983, BY TRANS FERING WATER FUND AND SEWER FUND CAPITAL PROJECTS TO THE WATER /SEWER CONSTRUCTION FUND AND ESTAB- LISHING AN EFFECTIVE DATE. WHEREAS, Ordinance No. 387 created the 'dater /Sewer Construction Fund No. 403 on 10/7/1963 for the purpose of carring out the additions, betterments, and extensions of the water and sewer utilities, and WHEREAS, the City wishes to provide adequate financing for approved projects during the proposed construction period ending in 1987, and WHEREAS, the City desires to provide the least costly financing alternatives and reduce the impact of Capital Improvements on the rate payers, now, therefore, THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, DO ORDAIN AS FOLLOWS: Section 1. The final budget for the fiscal year 1984, passed by the City Council on December 22, 1983, is hereby amended by increasing revenues to the 'Water /Sewer Construction Fund, No. 403 382 600 Proceeds of Anticipation Notes $2,900,000; and reducing revenues to the Water Fund No. 401 398 900 -other long- term proceeds of 135,000) and by appropriation increases and transfers for the following line items: Item Name Amount of Appropriation Change WATER FUND 401 534 300 41.01 Feasibility PS &E Test Well (11,000) 401 534 300 41.02 PS &E Pipeline to North Hill (15,000) 401 534 300 41.03 Prelim. Engr. Reservoir Report (15,000) 401 534 300 61.03 No. Hill Reservoir Site Acq. (45,000) 401 534 300 65.01 Construct Production Well #1 (20,000) 401 534 300 65.02 Construct No. Hill Pipeline (29,000) TOTAL EXPENDITURES REDUCED WATER $(135,000) SEWER FUND 402 534 400 41.01 PS &E By -Pass Piping 5,000) 402 534 400 41.02 PS &E Lift Station #4 (10,000) 402 534 400 41.03 PS &E Lift Station #2 (35,000) 402 534 400 65.01 Construction Contract Station Piping (19,000) 402 534 400 65.02 Construction Contract Station #4 (60,000) 402 534 400 65.03 Construction Contract Station #2 (330,000) TOTAL EXPENDITURES REDUCED -SEWER (459,000) 402 275 000 00 Est. Ending Unres. Ret. Earnings TOTAL NET CHANGES SEWER 459,000 -0- WATER /SEWER CONSTRUCTION FUND 403 534 300 41.01 Feasibility PS &E Test Well 11,000 403 534 300 41.02 PS &E Pipeline to North Hill 15,000 403 534 300 41.03 Prelim. Engr. Reservoir Report 15,000 403 534 300 65.01 Construct Production Well #1 65,000 403 534 300 65.02 Construct No. Hill Pipeline 29,000 SUB -TOTAL EXPENDITURES -WATER PORTION 135,000 403 534 400 41.01 PS &E By -Pass Piping 5,000 403 534 400 41.02 PS &E Lift Station #4 10,000 403 534 400 41.03 PS &E Lift Station #2 35,000 403 534 400 65.01 Construction Contract Station Piping 19,000 403 534 400 65.02 Construction Contract Station #4 60,000 403 534 400 65.03 Construction Contract Station #2 330,000 SUB -TOTAL EXPENDITURES SEWER PORTION 459,000 403 275 000 00 Est. Ending Unres. Ret. Earnings 2,306,000 TOTAL WATER /SEWER CONSTRUCTION 2,900,000 Section 2. Ordinance No. 1310, passed by the City Council on December 22, 1983, is hereby further amended by revising the summary of totals of estimated revenues and appropriations for each separate fund and the aggregate total of all such funds combined incorporated in said ordinance to reflect the foregoing increases in revenues and appropriations as set forth in Section 1 of this ordinance. Section 3. The Finance Director is hereby authorized and in- structed to effectuate the necessary changes to the 1984 budget and to make all necessary and appropriate line item entries and adjustments in order to reflect the increases to revenues and appropriations as set forth in this ordinance. Section 4. The projects to be included in the Water /Sewer Construction Fund for the period 1984 1987 are shown below: SEWER IN 000's 1984 1985 1986 1987 TOTAL Eliminate Lift Station #4 70 31 101 Replace Lift Station #2 35 312 126 473 Eliminate Lift Station #3 15 108 123 Reconstruct Sewers Southcenter So. 8 61 69 Eliminate Lift Station #6 147 147 By Pass Piping 5 19 24 Manhole Relocation 30 30 Subtotals Sewer $125 $508 $187 $147 967 WATER Water Well #1 11 71 91 173 North Hill Transmission 44 303 347 North Hill Pump Station 5 50 183 238 Reservoir #2 Storage 10 70 265 545 890 Water Supply Control 20 70 77 167 Interurban Pipeline 10 90 100 North City Trans -Eng. 18 18 Subtotals Water 70 532 $619 $712 $1,933 TOTALS $195 $1,040 $806 $859 $2,900 Section 5. The Administration is authorized to seek short -term financing proposals for City Council approval. The Administration is authorized to bring proposals for Revenue Bonds at such time as bond rates are reasonable, and providing tHe Capital projects in Section 4 are viable projects at that time. Any significant changes in the proposed capital projects in Section 4 require an amendment to this ordinance. Expenditures for 1985, 1986 and 1987 must be approved by the respective annual budget processes. Section 6. This ordinance shall be in full force and effect five (5) days after passage and publication as provided by law. PASSED BY THE CITY COUNCIL OF THE CITY OF TUKWILA, WASHINGTON, at a regular meeting thereof this day of 1984. Approved as to Form Offic of the City Attorney FILED WITH THE CITY CLERK: 10/22/84 PASSED BY THE CITY COUNCIL: 11/05/84 PUBLISHED RECORD CHRONICLE: 11/09/84 EFFECTIVE DATE: 11/15/84 ORDINANCE NO. 1335 APPROVED: Gary -'L. Van Dusen, Mayor Attest /Authenticated 45 ---,:e_.-4c.,--0--- x—c-- axine'Anderson, City Clerk