HomeMy WebLinkAbout4.h. Approve Administrative Fee Transfers - Pine Bend Trail, City Project #199EXECUTIVE SUMMARY FOR ACTION
CITY COUNCIL MEETING DATE: September 17, 1991
AGENDA ITEM:
AGENDA SECTION:
Administrative Fee Transfers - Project #199
Consent
PREPARED BY: Ron Wasmund
AGEND41
Public Works Director/Building Official
.
H
ATTACHMENTS:
APPROVED BY:
Copies of Transfers
(Zgl�
Attached are two transfers, one for temporary funding costs and
another for administrative costs, for the Pine Bend Trail
Improvements Project, Project #199. The temporary funding transfer
is to offset interest costs that the General Fund may have lost
from the time the project costs were first paid until the time that
the bond proceeds for the project were received and the project
could fund itself. The administrative costs transfer takes 4% of
the total construction cost to offset some of the in-house costs
that are incurred by the City during a course of a project.
In the case of this project, there were not adequate funds to
completely cover the 4% administrative fees, so the balance that
was left in the project fund was transferred to the General Fund.
RECOMMENDED ACTION:
Approve the transfers from Fund 413 to Fund 101 for the temporary
funding costs and the administrative costs associated with Project
#199, Pine Bend Trail Improvements.
COUNCIL ACTION:
r F
Transfer from:
TRANSFER FORM
Paid-up Debt Sery Fund 102 - 49300 - 01 - 710
EDA Funds 201 - 46300 - 01 - 710
MSA Funds 203 - 49003 - 01 - 710
Water Core Facility Funds 605 - 49501 - 01 - 710
Sewer Core facility Funds 606 - 49502 - 01 - 710
Storm Sewer Surcharge Funds 607 - 49503 - 01 - 710
Water Funds 601 - 49400 - 01 - 710
Sewer Funds 602 -49450 01 710
Other Funds RNt &--,o -*&-- q0 -Ni?00'0- 01 - 710
_ - - 01 - 720
Transfer to:
trFN�e� F.No
_ - 39201 - 00 - 000
- 39202 - 00 - 000
/I - 39203 - 00 - 000
- 39204 - 00 - 000
- 39205 - 00 - 000
- 39206 - 00 - 000
_ - 39207 - 00 - 000
- 39208 00 - 000
- 39209 - 00 - 000
Amount to be
transfered:
S
S
t
S
S
s_—
Amount to be
transfered in:
S
(Transfer
from
6en'l Fund)
$
(Contribution from Enterprise Funds)
$ e4
(Transfer
from
)
t
(Transfer
from
Water Hook -Up Core fund)
$
(Transfer
from
Sewer Hook -Up Core Fund)
$
(Transfer
from
Store Sewer Connect Fees)
$
(Transfer
from
EDA Fund)
$
(Transfer
from
MSA Fund)
9
(Transfer
from
Paid-up Debt Sergi Fund)
Authorized by: ._ Qartment: ,�•y-S�-� Lj(Jt.
. f�
Date authorized: 9 - � - �- y
Reason for transfer: ?%eA-j%it+, *#- ^ vw: Www -nb o4'"T 1,Z)_ 6.dWr-eA-l_ F...B
Ex�k V�J AQ M , v SIR otil d e Ke S C 644 A,6 1 C
General Journal Entry: ` �'I 110 b.�
to( - 10100
- 104_
- 104
0 1 - 3920, - 00 - 000
1�L - 29300
i. 1)l J. !
29400
s o�0•t��!
4Vv,)0- Of- 71-o
LI 13 - 10100
- 104_
- 104
General journal entry entered by:
Date entered: - -
Journal Entry Type:_�_(Normally will be Type 4)
Journal Entry 1:
TRANSFER FORM
Transfer from:
• Amount to be
transfered:
Paid-up Debt Sery Fund
102
. 49300 -
01
- 710
$
EDA Funds
201
- 46300 -
01
- 710
$
MSA Funds
103
- 49003 -
01
- 710
$
Water Core Facility funds
605
- 49501 -
01
- 710
s
Sewer Core Facility Funds
606
- 49502 -
01
- 710
$
Storm Sewer Surcharge Funds
607
- 49503 -
01
- 710
$
Water Funds
601
- 49400 -
01
- 710
$
Sewer Funds
602
-49450 -
01
- 710
$
Other Funds P.Nza-o
- fo4J -
01
- 710
$
from
MSA Fund)
- -
01
- 720
$
Transfer to:
Amount to be
transfered in:
- 39101
- 00 -
000
s
(Transfer
from
Gen'l fund)
_
- 39202
- 00 -
000
s
(Contribution
fro& Enterprise Funds)
Grw� sK «n lot - 39203
- 00 -
000
$ 11 V�4.5
(Transfer
from
- 39204
- 00 -
000
$
(Transfer
from
Water Hook -Up Core Fund)
_
_ - 39105
- 00 -
000
S
(Transfer
from
Sewer Hook -Up Core Fund)
_ - 39206
- 00 -
000
$
(Transfer
from
Store Sewer Connect Fees)
_ - 39207
- 00
- 000
$
(Transfer
from
EDA Fund)
_ - 39208
-'00
- 000
$
(Transfer
from
MSA Fund)
_ - 39209
- 00
- 000
$
(Transfer
from
Paid-up Debt Sery fund)
Authorized by: rtment: �v�62�4
Date authorized:R - -
Reason for transfer: j .4 ct ku—� W (nom=v?jK 1,,44
fw2
1-d-',"PaeA.0V F%Ati.n1.j f6 eQs
General Journal Entry:
10100
- 104_
104
i ur - 39203 - 00 - 000
/UI - 29300 ►.��y.�z(
Q - 29400
qi�_ -4 NO - 01 - 710
10100
- 104
104
General journal entry entered by:
Date entered: -
Journal Entry Type: R(NormallY will be Type 4)
Journal Entry 1: