HomeMy WebLinkAboutResolution 2015 (05) Resolution No. 5 (2015)
ST Rot 'm,,UNTy RESOLUTION TO APPROVE A BUDGET AMENDMENT FOR
THE NEW HEALTH CENTER BUILDING& RENOVATIONS
1 WHEREAS, on August 5, 2014 the County Board passed Resolution 22 (2014)
2 authorizing payment of 2014 expenses of up to $200,000 from the General Fund for the planning
3 and architectural design costs of the Health Center project; and
4
5 WHEREAS, on November 6, 2014, the County Board approved Resolution 42(2014)
6 Designating Official Authorized to Declare Official Intent Under Reimbursement Bond
7 Regulations to be in compliance with Federal tax regulations which routinely allow for the
8 reimbursement of qualified capital expenditures using bond proceeds if the governing body has
9 approved a resolution allowing such action. The intent is to bond for the Health Center Project
10 in the fall of 2015; and
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12 WHEREAS, the 2014 planning and architectural design costs currently total $102,549.49
13 with December expenses pending; and
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15 WHEREAS, the Administration Committee is seeking an additional $1,000,000 from the
16 General Fund to cover expenses for ongoing planning and architectural design costs of the
17 Health Center project in 2015; and
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19 WHEREAS, a budget amendment by the County Board is required; and
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21 WHEREAS, it is the County's intent to bond for the Health Center project in the fall of
22 2015; and
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24 WHEREAS, upon bond approval, the $1,000,000 would be returned to the General Fund
25 from bond proceeds; and
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27 WHEREAS, if bonding is not approved, there will not be a reimbursement to the General
28 Fund of$1,000,000.
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30 THEREFORE, be it resolved that the St. Croix County Board of Supervisors authorizes
31 the amendment of the 2015 County Budget to expend $1,000,000 from the general fund for the
32 continued planning and architectural design of the new Health Center Building and renovations
33 of the existing building.
34
35 ACCOUNT NAME ACCOUNT NUMBER EXPENDITURE REVENUE
36
37 Nursing Home Capital Outlay 415-000000-54200-5221 $1,000,000
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39 General Fund Surplus Applied 415-000000-49999-0000 $1,000,000
Legal—Fiscal—Administrative Approvals:
Legal Note: None
Fiscal Impact: Up to$1,000,000 will be transferred from the General Fund's Surplus Applied
account to the Health Center's Capital Improvement Fund for 2015 planning and
architectural design costs pre bond for the Health Center Construction Project.
When the bond funds are available later in the fall of 2015,the amount expended
will be reimbursed to the General Fund by bond proceeds. Should the bond sale not
be approved,the amounts expended would not be reimbursed.
Al'
SEAT,.a, Cox, Corporat o� 'outi�e 2/, 2/2015 1 obert. it et, Assistant F mance i rek b X2015
Ad
Pa rick ` 6 np'son, COUnty (minis rU�/2015
02/18/15 Adopted
02/18/15 Administration Committee APPROVED
RESULT: APPROVED [UNANIMOUS]
MOVER: Travis Schachtner, Chair
SECONDER: Jill Ann Berke, Supervisor
AYES: Travis Schachtner, Jill Ann Berke, Ron Kiesler, Judy Achterhof
EXCUSED: Roy Sjoberg
Vote Confirmation.
Im vis" �h,er, Su ea t;-;; 2/23/2015
St. Croix County Board of Supervisors Action:
Roll Call -Vote Requirement—Two-thirds Majority of Entire Membership (13)
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RESULT: ADOPTED [14 TO 3]
MOVER: Travis Schachtner, Supervisor
SECONDER: Howard Novotny, Supervisor
AYES: Schachtner, Ring, Babbitt, Novotny, Nelson, Berke, Ostness, Larson, Hansen,
Peterson, Anderson, Achterhof, Leibfried, Peavey
NAYS: Stephen Nielsen, Chris Kilber, Andy Brinkman
ABSENT: Roy Sjoberg, Ron Kiesler
This Resolution was Adopted by the St. Croix County Board of Supervisors on March 3, 2015
Cindy Campbell, County Clerk