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HomeMy WebLinkAbout13.A.1. 2012 Building Fund Projects City of Shakopee � � � �� �� MEMORANDUM TO: Mayor and City Council Mark McNeill, City Administrator i FROM: Kris Wilson, Assistant City Administrator ��i�,� � SUBJECT: Z�1Z Building Fund Projects DATE: October 14, 2011 Introduction The Clty Council is asked to review and provide feedback on a draft plan for 2012 capital projects to be funded out of the Building Internal Service Fund. ' Background The Building I.S. Fund receives annual "renY' payments from each of the City's departments, which are used to fund building improvements and significant maintenance items, as well as de6t service on the 2006 Public Works building. Attached is an outline of the building improvements and maintenance items proposed for the remainder of 2011 and calendar year 2012. The Council is asked to review the projects on the proposed plan and provide feedback to staff. A � short staff presentation at Tuesday night's meeting will provide a general description of each proposed project and the need for it. I Staff has already received competitive quotes for the four Community Center projects previously discussed during the 2012 budget workshops and is seeking Council action later on this agenda to ' proceed with these projects. Similarly, Council has previously authorized proceeding with design and preparation of specifications for the new Community Center roof. The results of this work will be presented to the Council later this fall. If there is a consensus of the Council that the remaining projects on the list are worth pursuing, staff will proceed with the necessary quote and/or bidding process and return to the Council for final approval as individual projects are ready to proceed. I Budget Impact The proposed projects will have no direct impact on the City's General Fund operating budget, as they are to be funded out of the Building Internal Service Fund. The Building Fund currently has slightly over $7 million available. i I Relationship to Vision By pro-actively planning and budgeting for building maintenance and improvement projects, this item relaYes to Goal C: Maintain the City's strong financial health. Requested Action The Council is asked to direct staff to proceed with planning and development of the proposed repair and maintenance items, with or without amendments. I I � I I I � I Buidling I.S. Fund Outlook Beginning Cash Position (1-1-2011) 6,217,265 2011 Revenues Departmental Rents 1,204,956 Energy Efficiency Grant Proceeds 45,497 2011 YTD Expenditures Police Station Energy Efficiency Project (59,082) ' Proposed 2011 & 2012 Expenditures Community Center Roof (500,000) Police Station Air Conditioner (76,500) Library Air Conditioner (75,500) Police Station Lighting (20,000) E�gineering Bldg Daors (80,000) Ice Arena Flooring (81,000) Walking Track Resurfacing (44,000) New Gym Divider Curtai� (4,200) Radiant Heating for lce Arena Bleachers (28,000) Debt Service on PW Building (465,000) 2012 Revnues Departmental Rents 800,000 Estimated Cash Position (1231-2012) 6,834,436 I I �