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Res 2019-60 Approve Alterations in 2019 BudgetRESOLUTION NO. 2019 - 60 A RESOLUTION APPROVING ALTERATIONS IN THE BUDGET FOR THE FISCAL YEAR ENDING DECEMBER 31, 2019 WHEREAS, the City conducts Cured—in—Place Pipe lining to extend the useful life of the Sanitary Sewer System; and WHEREAS, on November 27, 2017, the City Council (Council) received bids and awarded a contract for lining to Lametti and Sons, Inc. (Lametti) in an amount not to exceed $956.682, (Project); and WHEREAS, on June 24, 2019, the Council assigned the contact from Lametti to Granite Inliner, LLC (Granite), which did not impact the cost or term of the Project; and WHEREAS, Granite then completed the Project and submitted their final payment requests in the amount of approximately $935,000, including $123,100 in change orders; and WHEREAS, 2019-2023 Capital Investment Program authorized insufficient budget authority for the Project; and WHEREAS, City Charter § 7.07 authorizes the Council to reallocate unexpended budget authority and/or increase expenditures upon receipt of additional revenue. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Fridley hereby approves and authorizes the following reallocation: Fund Division Account Debit Credit General Facilities Management General Fleet Services General Non—Departmental Sanitary Sewer Administration Sanitary Sewer Operations Sanitary Sewer Operations Sanitary Sewer Operations Sanitary Sewer Debt Service Sanitary Sewer Capital Total 230,000 Utility Services 40,000 Utility Services 5,000 Admin. Charge 45,000 Admin. Charge 45,000 State Grants 50,000 Supplies 10,000 Services Contracted 45,000 Debt Service 35,000 Infrastructure 185,000 230,000 230,000 PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 28TH DAY OF OCTOBER, 2019. SCOTT J. LUND - MAYOR ATTEST: DANIEL TIENTER - CITY CLERK