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HomeMy WebLinkAboutG- 5 Amendment to the Long Range Capital Improvement Project • r_ 'AZUSA CONSENT CALENDAR TO: THE HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: RANDY NORIEGA, ASSOCIATE DIRECTOR OF RECREATION VIA: RICK COLE, CITY MANAGER/ " DATE: JUNE 17, 2002 SUBJECT: AMENDMENT TO THE LONG RANGE CAPITAL IMPROVEMENT PROJECTS (CIP BUDGET 2001-2002) TO COMPLETE THE MEMORIAL PARK AND VETERAN'S FREEDOM PARK PLAY EQUIPMENT REPLACEMENT PROJECTS RECOMMENDATION: It is recommended that City Council approve an amendment to the Capital Improvement Projects (CIP) budget by approving a $1,127.00 transfer from the Quimby Fund to the Memorial Park and Veteran's Freedom Park play equipment replacement projects (projects 420001 and project 42000J). BACKGROUND: The Memorial Park and Veteran's Freedom Park play equipment projects were completed on March 30, 2002. These projects were cooperative in nature with the Parks Division doing the concrete play area replacement, Pacific Design-Little Tike providing the play equipment and installation and our new Parks Division L.A. Works crew doing the demolition of the old equipment, installing sand and assisting with site clean-up. As a requirement of the L.A. County Prop A Grant funding these projects, a portion of the Grant funds were required to be expended on at-risk youth employment. The use of our L.A. Works crew on these projects met that requirement. The L.A. Works crew worked a total of two weeks on each project for a total of$2,800.00 in cost. This expenditure met our at-risk youth target cost but put us $1,127.00 over budget on the projects. FISCAL IMPACT: The Memorial Park and Veteran's Freedom Park play equipment replacement projects were budgeted for a combined total of $82,500.00. The combined completion cost on the projects was $83,627.00. The Quimby Fund currently has a balance of $127,490.00. A fund transfer of $1,127.00 would leave the Quimby Fund at a final balance of $126,363.00. /dlsd)e21°Ij o//g)--- 02-121 /'g)-02-121 6t-d•t/111,