Agenda Item Name:
Title
Approve Budget Amendment to increase the project total by $3,000 and change funding source for Lake Forest Elementary Pocket Park
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Presenter:
Jason Maurer - Parks & Open Space Director
Description:
Approve increasing the project budget by $3,000 and the attached budget amendment to change the funding source for the Lake Forest Elementary Pocket Park.
The Lake Forest Pocket Park project is currently fully funded from Wild Spaces Public Places, but the Department is proposing to change the funding to 50% Wild Spaces Public Places and 50% Park Impact Fees. Additionally, $3,000 more is needed in the project budget overall.
Recommended Action:
Recommended Action
Approve increase in project budget and the attached budget amendment to reflect the revised funding sources.
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Prior Board Motions:
July 12, 2022 - Approve the issuance of a Purchase Order to Bliss Products & Services, in the amount of $326,703.91, for the purchase and installation of Play Equipment and ADA Parking Area updates at Lake Forest Elementary Pocket Park for the Parks & Open Space Department. Prices, terms and conditions are per Clay County Contract #18/19-2, Various Equipment and Amenities for Parks and Playgrounds.
June 14, 2022 - Approve agreement as presented and authorize the Chair and Clerk to sign
Fiscal Consideration:
Fiscal Consideration
Increase project cost by $3,000 and change funding sources. The new total project cost is $383,000. When previously approved, this was entirely funded from Wild Spaces Public Places; subsequently, the Department requested to use Parks impact fees for up to half of the costs of this project.
50% Wild Spaces Public Places: Fund 021.41.4100.572.63.98
50% Parks Impact Fees: Fund 339.41.4100.572.63.98
project #6214106 Lake Forest Elementary Pocket Park- New Construction-Various.
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Strategic Guide:
Strategic Guide
Infrastructure
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Background:
The Lake Forest Pocket Park project is currently fully funded from Wild Spaces Public Places, but staff are proposing to change the funding to 50% Wild Spaces Public Places and 50% Parks Impact Fees. Additionally, $3,000 more is needed in the project budget, which requires Board approval of the attached budget amendment.