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HomeMy WebLinkAbout5.B.5. Authorize Additional Funds for 2009 Street Maintenance s. {3, s: CITY OF SHAKO PEE cn~eJ~~!Hl Memorandum '-U I'~j ~ tJ~ : TO: Mayor & City Council Mark McNeill, City Administrator FROM: Jeff Weyandt, Assistant City Engineer SUBJECT: Authorize Additional Funds for 2009 Street Maintenance DATE: March 17, 2009 INTRODUCTION: This agenda item is to consider the allocating of additional funds for street maintenance. BACKGROUND: The City is in the process of selecting streets for annual crack sealing, seal coating and striping. The budget for this work is $270,000.00 with $215,000.00 through the State Aid Account and $55,000.00 from the General Fund. The City recently received notice of its State Aid apportionment for 2009. The City will be receiving an additional $153,158.00 in 2009 over its 2008 apportionment. Due to increased prices of seal coating and crack sealing and additional areas that need maintenance, staff is requesting $90,000.00 of the $153,158.00 be transferred to the General Fund to be used for additional seal coating and crack sealing in 2009. ALTERNATIVES: 1. Approve a motion authorizing the transfer of up to $90,000.00 to be transferred from the State Aid Account to the General Fund to be used for street maintenance activities in 2009. 2. Approve a motion authorizing a different dollar amount to be transferred from the State Aid Account to the General fund to be used for street maintenance activities in 2009. 3. Do not authorize the transfer of money from the State Aid Account to the General Fund to be used for street maintenance activities in 2009. RECOMMENDATION: Approve a motion authorizing the transfer of up to $90,000.00 to be transferred from the State Aid Account to the General Fund to be used for street maintenance activities in 2009. ACTION REOUESTED: Approve a motion authorizing the transfer of up to $90,000.00 to be transferred from the State Aid Account to the General Fund to be used for street maintenance activities in 2009. ~~ Jeff Weyandt, P.E. Assistant City Engineer JW/pmp ENGRlSTATE-AID/FUNDING-STREET-MAlNTENANCE