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088-007 - 01-19 Adopting the 1988 Budgets of Equipment Replacement, Building & Park Improvements Resolution 88-7 January 19, 1988 Member Stockman introduced the following resolution and rnoved its adoption: RESOLUTION ADOPTING THE 1988 BUDGETS OF THE EQUIPP�ENT REPLACEMENT, BUILDING AND PARK IP�IPROVEPIENT CAPITAL PROJECTS FUPJDS BE IT RESOLVED by the City Council of the City of Golden Valley that the appropriations for the following Capital Projects Funds for the calendar year 1988 shall be: EQUIPMENT REPLACEMENT FUND Project Amount 3/4 Ton Pickup (V & E #3) $ 11,000 Passenger Vehicle (V & E #4) 11,000 3/4 Ton Pickup with Plow (V & E #5) 16,000 Passenger Vehicle (V & E #6) 11,000 Van (V & E #7) 15,000 Steamer (U & E #8) 12,000 Dump Truck (V & E #9) 55,000 Marked Squad Cars - 4 (V & E #10) 55,000 Overhaul Motor Grader (V & E #11) 35,000 Passenger Vehicle (V & E #12) 11,000 1/2 Ton Pickup (V & E #13 11,000 Plulti-Nazard P,esponse Vehicle (V & E #14) 90,000 Unmarked Vehicle (V & E #15) 11,000 3/4 Ton Pickup with Plow (V & E #16) 16,000 Rebuilding and Refurbishing Pur�per (V & E #17) 30,000 Computer System (V & E #18) 50,000 Total 1988 Budget $440,000 BUIL�ING FUND Project Amount Purchase of P�liller Sales Building (B #1) $ 25,200 Addition to Street 1�1aintenance Garage (B #2) 1,?_00,000 New Doors - Park Shelter Buildings (B #3) 25,000 Civic Center Remodeling (B #5) 800,000 Purchase of Vacant Land - lOth Avenue (B #6) 575,000 Total 1988 Budget $2,625,200 � Resolution 88-7 - Continued January 19, 1988 PARK IMPROVEMENT FUND Project Ariount Laurel Avenue Greenbelt (PG #1) $ 55,000 Improved Signage - Brookview Recreation Area (PG #2) 20,000 Brookview Park Improvements (PG #3) 60,000 Natchez Park Improvements (PG #4) 25,000 Resurfacing Tennis Courts and Hard Surface Areas (PG #5) 15,000 Lighting Upgrade - Parking Lot and Walkway Lighting (PG #6) 30,000 Asphalt Overlay - Park Walkways (PG #7) 30,000 New Playground Equipment and Area Curbing - City Parks (PG #8) 35,000 Total 1988 Budget $270,000 � BE IT FURTHER RESOLVED by the City Council of the City of Golden Valley that the sources of financing the sums appropriated above in the various capital proj�ct funds will be those outlined in the "Financing" section of the 1988-1992 Capital Improvement Program of the City of Golden Valley. (Exhibits IV, V & VI ). , � �� ; M ry E. A erson, Mayor ATTEST: J y Na y, Deput City Clerk The rnotion for the adoption of the foregoing resolution was seconded by Member Johnson and upon a vote being taken thereon, the following voted in favor thereof: Anderson, Johnson, Stockman and Thompson; and the following was absent: Bakken; and the following voted against the same: none; whereupon said resolution was declared duly passed and adopted, signed by the P1ayor and her signature attested by the Deputy City Clerk.