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HomeMy WebLinkAboutResolution 2016 (31) Resolution No. 31 (2016) ST !`, ~�~ RESOLUTION APPROVING A 2016 BUDGET AMENDMENT AMENDING THE CAP ON THE DRAWDOWN OF THE $5M STATE TRUST FUND LOAN 1 WHEREAS, on February 2, 2016, the County Board passed Resolution 17 (2016) authorizing the 2 borrowing of$5,000,000 from the State Trust Fund for payment of items on the 2016 - 2020 3 Capital Improvement Plan; and 4 5 WHEREAS, on March 1, 2016, the County Board passed Resolution 25 (2016) limiting 6 borrowing under the State Trust Fund Loan to $3,707,099 and an appropriation from the Jail 7 Improvement Fund of$50,000 for the following projects; and 8 Clerk of Court Video Conference 2016 STFL $ 68,530 ESS Phase II 2016 STFL 2,298,247 Sheriff Day Reporting 2016 STFL 240,822 Sheriff Forensic Computer 2016 STFL 7,500 Sheriff Jail Upgrade 2016 STFL 1,142,000 Total $ 3,757,099 9 10 WHEREAS, costs of construction of the Sheriff Day Reporting have exceeded the architect's 11 estimates by $117,456; and 12 13 WHEREAS, it is in the best interests of the County that this project proceed; and 14 15 WHEREAS, a budget amendment by the County Board is required. 16 17 NOW, THEREFORE, BE IT RESOLVED THAT, the St. Croix County Board of Supervisors 18 authorizes the further drawdown of the State Trust Fund loan to a maximum of$3,824,555 to 19 cover the additional construction costs. 20 21 BE IT FURTHER RESOLVED THAT, the 2016 Capital Budget be amended to authorize the 22 spending of an additional amount of$117,456 for the Day Reporting Center. Legal—Fiscal—Administrative Approvals: Legal Note: Fiscal Impact: The increase to the cost of the project is estimated to be$117,456. This would be funded by an additional draw resulting in payments over 10 years of approximately$13,845 per year. r 15�co-irr. Cox, Corpora oL 'ourrsel Y11/201.6 �ry M � 000�l k(be 11 1 it et, 1~rrLanee " Lector , f11( All I t'a a rcN�'t`1Leaaathrxa�n,C ou�n ydIlli is r ator 6/9/2016 06/15/16 Administration Committee APPROVED ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... ......... .......... RESULT: APPROVED [UNANIMOUS] MOVER: Jill Ann Berke, Vice Chair SECONDER: Laurie Bergren, Supervisor AYES: Kiesler, Leibfried, Sjoberg, Bergren, Berke Vote Confirmation. Roy SjO , SLffArvisor 6/22./2016 St. Croix County Board of Supervisors Action: Roll Call -Vote Requirement—Two-thirds Majority of Entire Membership (13) RESULT: ADOPTED [18 TO 1] MOVER: Roy Sjoberg, Supervisor SECONDER: Andy Brinkman, Supervisor AYES: Sicard, Ring, Babbitt, Sjoberg, Long, Bergren, Nelson, Berke, Ostness, Larson, Hansen, Kiesler, Brinkman, Peterson, Anderson, Achterhof, Leibfried, Peavey NAYS: Tom Coulter This Resolution was Adopted by the St. Croix County Board of Supervisors on July 5, 2016 Cindy Campbell, County Clerk