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HomeMy WebLinkAboutAgenda Statement 1986/05/13 Item 27 COUNCIL AGENDA STATEMENT Item 27 Meeting Date 5/13/86 ITEM TITLE: Resolution ( 2LF '/ Approving the appropriation of Open Space District No. 4 reserve funds into the operational budget SUBMITTED BY: Director of Parks and Recreati REVIEWED BY: City Manager )6 V (4/5ths Vote: Yes X No ) On August 17, 1982, Council approved a report which established a reserve fund equal to 50% of the yearly individual Open Space contract cost. This reserve is intended to pay for the first six months unforeseennopen spacefemergencPese Districts and to also be used to pay for any Recently a slope washout occurred Cthe expenditure of these funds. behind 395 Camino Elevado, which necessitates RECOMMENDATION: That Council approve the appropriation of $1 ,440 from Open Space District #4 reserve balance into the current Operational Budget Account, Other Contractual Services. BOARDS/COMMISSIONS RECOMMENDATION: Not applicable. DISCUSSION: The recent water line breakage retureiof emergency open spa eehreserve fund Camino Elevado necessitates the expend These funds will be used to hire a that dl proper contractor compacti ono of pthe area chase been and a a soil testing company to ensure p ro p done. Bids have been received to perform thesoil services compaction testing of $700,4a�d Services include grading for $540, irrigation repairs for $200. There is $17,956 currently available in the district's reserve funds. FISCAL IMPACT: Appropriate $1 ,440tpropraatedrvic balance of the Open Space District No. 4 Reserve Fund to Other Con WPC 0630R by th ' City Council of Chula Vista, California )ated C'• /J?-�� Form No. F-229 12/73 CERTIFICATE OF CITY/DIRECTOR OF FINANCE Certification of Unappropriated Balance I HEREBY CERTIFY that the money required for the appropriation of funds for the purpose set forth in the attached resolution is available in the Treasury, or is anticipated to come into the Treasury, and is otherwise unappropriated. Amount $ 1,440 Fund OPEN SPACE DISTRICT NO. 4 purpose TRANSFER OF OPEN SPACE DISTRICT FUNDS Bidder •▪ ACCT. NO. 554-5540-5298 � W Director o Finance The City of Chula Vista 5/13/86 By PARKS & RECREATION Date 5-/2_$' �P Certification of Unencumbered Balance I HEREBY CERTIFY that the indebtedness and obligation to be incurred by the contract or agreement authorized by the attached resolution can be incurred without the violation of any of the provisions of the Charter of the City of Chula Vista, or the Constitution or the laws ofrohr State for the California, purpose ofasaid sufficient monies have been appropriated contract, that sufficient monies to meet or are the obligations sd of the contract are actually in the Treasury, ani i from which o o into the Treasury to the credit of the appropriation the same are to be drawn, and that said monies now actually in the Treasury, together with the monies anticipated to come into the Treasury, to the credit of said appropriation are otherwise unencumbered. Amount Not to Exceed $ Director of Finance The City of Chula Vista Date By Fund Dept./Activity Purpose Bidder Certificate No. 50