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Resolution No. 03-05 CITY OF TIGARD, OREGON RESOLUTION NO. 03- 05 A RESOLUTION TRANSFERRING APPROPRIATIONS WITHIN THE WATER CII' FUND AND CREATING A NEW POSITION TO MANAGE WATER CII'PROJECTS WHEREAS, the City's Water System Master Plan includes several projects in future years including construction of a new reservoir at the Alberta Rider School property for the 550 Foot Water Zone and related pump station and supply piping, and WHEREAS,these improvements were originally scheduled to be constructed in 2009, and WHEREAS, the City has agreed with the Tigard-Tualatin School District to construct the 550 Foot Zone reservoir on the Alberta Rider School property before the school is built, to minimize disruption of the school property after Alberta Rider School is opened and to reduce construction casts, and WHEREAS,with the passage of the Tigard-Tualatin School District Construction Bond by voters in May 2002, the school district has decided to proceed with the construction of Alberta Rider school, and WHEREAS, it is necessary to adjust the Tigard Water capital construction schedule to coordinate with the construction of Alberta Rider School, and WHEREAS, the City has determined that it will be more cost-effective to manage these projects with in-house staff,rather than contracting for construction management services, and WHEREAS, it is necessary to create a new position, effective May 1, 2003, and to adjust appropriations in the Water CII'Fund to manage the 550 Foot Zone water reservoir projects. NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that: SECTION 1. The FY 2002-03 Budget of the City of Tigard is hereby amended as shown on Exhibit A, to transfer $16,200 from the Water CIP Fund contingency to the Public Works Program Expenditures to pay for a new position to manage the 550 Foot reservoir and related CIP projects. SECTION 2. The FY 2002-03 Capital Improvement Plan of the City of Tigard is hereby amended to add a new project in the Water System for the planning and construction of the 550 Foot Zone Reservoir and related improvements, to be paid for out of the Water CIP Fund, RESOLUTION NO. 03 - C,'5 Page 1 SECTION 3. This resolution is effective immediately upon passage. PASSED: This �"h- day ofLbvwl)-A 2003. 0 ayot--Cit of ga-rd ATTEST: City Recorder-City of Tigard RESOLUTION NO. 03 - 011D' Page 2 Attachment A FY 2002-03 Budget Amendment # 5 FY 2002-03 Budget Revised Revised Amendment Revised Budget #5 Budget Water GIP Fund Resources Beginning Fund Balance $4,062,226 $4,062,226 Interest Earnings 142,200 142,200 Total $4,204,426 $0 $4,204,426 Requirements Public Warks Program 0 16,200 16,200 Program Expenditures Total $0 $16,200 $16,200 Capital Ir 11Pf overs ler ds $670,000 $670,000 Contingency $100,500 ($16,200) $84,300 Total Requirements $770,500 $0 $770,500 Ending Fund Balance 3,433,926 3,433,926 Grand Total $4,204,426 $0 $4,204,426