HomeMy WebLinkAboutDocumentation_Regular_Tab 24_11/14/2019 Agenda Item #24.
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Regular Council
STAFF MEMO q,;i:
Meeting: Regular Council - Nov 14 2019
Staff Contact: Hugh Dunkley Department: Finance
TITLE
RESOLUTION NO. 54-19, RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, AMENDING AND INCREASING THE 2019/2020 WATER FUND #401
BUDGET BY APPROPIATING FUND BALANCE IN THE AMOUNT OF $27,000.00 TO FULLY FUND
THE BEACH ROAD WATER MAIN REPLACEMENT PROJECT
SUMMARY:
Staff is requesting to appropriate fund balance in the Water Utility Fund #401 in the amount of
$27,000.00 to fully fund the Beach Road water main replacement project. The initial projected cost of
the project is $353,000.00. The Fiscal Year 2019/2020 Budget currently includes $326,000.00 for this
project.
POTENTIAL MOTION / DIRECTION REQUESTED:
Amend and increase the 2019/2020 Water Fund #401 Budget by appropriating fund balance in the
amount of $27,000.00 to fully fund the Beach Road water main replacement project.
ATTACHMENTS:
20191114-BEACH ROAD WATER MAIN REPLACEMENT PROJECT-RESOLUTION.ADA
20191114-BEACH ROAD WATER MAIN REPLACEMENT PROJECT-CPI INFO SHEET.ADA
Page 422 of 427
Agenda Item #24.
RESOLUTION NO. 54-19
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, AMENDING AND INCREASING THE 2019/2020
WATER FUND #401 BUDGET BY APPROPIATING FUND BALANCE IN
THE AMOUNT OF $27,000.00 TO FULLY FUND THE BEACH ROAD
WATER MAIN REPLACEMENT PROJECT; PROVIDING AN
EFFECTIVE DATE; AND FOR OTHER PURPOSES.
WHEREAS, the initial cost of the Beach Road water main replacement
project is estimated to be $353,000.00; and
WHEREAS, the Fiscal Year 2019/2020 Water Utility Budget currently includes
$326,000.00 for this project; and
WHEREAS, an additional $27,000.00 is required to fully fund the project; and
WHEREAS,the following accounts will be increased:
Revenues
Appropriate Fund Balance,401-990-399.999, $27,000.00
Expenditures
R&M-Water Mains,401-411-546.307, $27,000.00
NOW, THEREFORE,BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA,PALM BEACH COUNTY,FLORIDA, AS FOLLOWS:
Section 1 Resolution No. 54-19 amending and increasing the 2019/2020 Water Fund
#401 Budget by appropriating fund balance in the amount of$27,000.00 to fully fund the
Beach Road water main replacement project; providing an effective date; and for other
purposes.
Section 4 This Resolution shall become effective immediately upon passage.
Page 423 of 427
Agenda Item #24.
CAPITAL IMPROVEMENT PROJECT DETAIL
;_ Q; PROJECT# 20-UTL-607-01
COUMi,
Project Name: Beach Road Water Main Replacement Project Manager: M Hammond
Department: Utilities Original Plan Date: FY20
Location: Distribution System
DESCRIPTION/JUSTIFICATION:
The Village serves potable water to customers within the Village Utility Service Area
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on the southern end of Jupiter Island.The existing 8"and 10"water main on the west ,.- �k�
side of Beach Road is the sole source of delivering potable water to utility customers _ , 3:-K' - i'*
on island.This project will replace two segments,totaling approximately 3,100 feet of ,
asbestos cement piping that were constructed in the 1960's. Portions of this water = - :"1`.
main segment have become exposed over time creating a high risk of damage to this WATER MAIN TO BE r,
outdated pipe. REPLACED
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PROJECT EXPENDITURES I FUNDING SOURCES:
PROJECT COSTS: FY20 FY21 FY22 FY23 FY24 FY25 TOTAL
Land/Easement Acquisition
Engineering&Planning 65;000 65,000
Construction 288,000 288,000
Equipment -
TOTAL PROJECT COSTS 353,000 - - - - - 353,000
SOURCES OF FUNDS: FY20 FY21 FY22 FY23 FY24 FY25 TOTAL
General Fund-Dept Name(001) -
Water Enterprise Fund(401) 353,000 353;000
Stormwater Enterprise Fund(403)
Unfunded
TOTAL PROJECT REVENUE 353,000 - - - - - 353,000
OPERATIONAL IMPACT
Note:A reduction in repair and maintenance costs is anticipated as a result of this project.
OPERATIONAL IMPACT FY20 FY21 FY22 FY23 FY24 FY25 TOTAL
Additional Revenues/Savings
Charges for Services
Other Revenues -
Less Additional Expenditures
New Personnel -
Maintenance and Other Operating -
Contracts&Leases -
Non Operating(Debt Service)
NET ANNUAL IMPACT ON OPERATIONS - - - - - - -
OPERATING FUNDING SOURCES FY20 FY21 FY22 FY23 FY24 FY25 TOTAL
TOTAL OPERATING FUNDING - - - - - -
Page 424 of 427