Title
A Resolution to Transfer Funds from Capital to Operating in Municipal Complex
Summary
The Municipal Complex Department requests Council approval for the transfer of funds budgeted in the Municipal Complex Capital Purchase account to the Municipal Complex Operating Account. The purchase was for a Commercial Washer & Dryer set for $10,000. After additional consideration, it was determined that the commercial size units would be too large for the laundry room area at City Hall. The decision has been made to purchase residential size equipment with commercial grade capabilities.
Budgetary Impact:
Non-Capital Item:
____ Budgeted under account #_______________ (discussion item)
__X_ Not budgeted, requesting transfer of $3,000 from Account #100-1020-5100 to Account #100-1020-6053. **Request to Transfer Departmental Budget Dollars form must be attached**
____ Not budgeted requiring increase to account #___________ in the amount of $____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital - Departmental **Capital Purchase Worksheet form must be attached**
____ Budgeted under account #______________ for $_________ and described in budget as ________________________. Additional amount needed, if any: Increase in budget of $_________ OR, transfer of $________ from Account #____________ to Account #_____________**Request to Increase OR Request toTransfer Departmental Budget Dollars form must be attached**
____ Not Budgeted - account #____________ requires budget increase of $_____________.**Request to Increase Departmental Budget Dollars form must be attached**
Capital Project - **If requesting to start a project, a Capital Project Worksheet form must be attached**
In current year Capital Projects Plan:
_____ Yes, described as __________________________, planned amount $___________, requesting $_________ as total project estimate, including contingencies, under account #_________________
_____ No, requesting $___________ as total project estimate, including contingencies, under account #____________________.
_____ No, requesting an increase of $___________ to an already approved project titled ________________________ that is being tracked under Account No. ___________________.
Body
WHEREAS, the Municipal Complex Department is requesting to purchase a new washer & dryer set.
WHEREAS, the Municipal Complex Capital Purchase account includes the purchase of a commercial size washer & dryer in the amount of $10,000, and
WHEREAS, the decision to purchase residential size units with commercial capabilities better fits the needs of our facility.
NOW THEREFORE BE IT RESOLVED that the City Council of the City of Foley, Alabama, as follows:
SECTION 1: Approves the transfer of $3,000 from Capital Purchase account 100-1020-5100 to the Municipal Complex Small Tool, Equipment & Furniture account 100-1020-6053.
SECTION 2: Approves the purchase of a Speed Queen Washer model number TV2000WN & Speed Queen Dryer model number DV2000WE from Benson's Appliance for a not to exceed price of $3,000.
SECTION 3: This Resolution shall become effective immediately upon its adoption as required by law.