File #: 24-1605    Version: 1 Name:
Type: Action Item Status: Filed
File created: 11/13/2024 In control: Financial Affairs Committee
On agenda: 12/10/2024 Final action:
Title: Consideration of request for Level Three fund transfer in the amount of $20,000 for emergency elevator repairs at the City Hall building
Related files: 24-1758

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Consideration of request for Level Three fund transfer in the amount of $20,000 for emergency elevator repairs at the City Hall building

 

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Submitted by:

Chuck Pomerenke

Department:

Facilities

 

A.                     Issue

Account 22355000 - 6205, City Hall building maintenance, is now over budget.  A $20,000 budget transfer from building reserves is requested to fund regular building maintenance expenses for the rest of the fiscal year.

 

 

B.                     Background/Options 

Earlier this year a major failure occurred to the main lift cylinder for the passenger elevator at City Hall.  The repairs cost about $60,000 to complete.  This was an unexpected repair and this was not budgeted for.  A $25,000 transfer was done previously to get by and to give staff time to access how much in funding would be required to make it through until the end of the year.  Staff feels that this additional $20,000 will be sufficient to cover the expenses through the end of the fiscal year.

 

 

C.                     Strategic Plan (Area of Focus)

Well maintained Infrastructure

 

 

D.                     Fiscal Impact

The funds requested will be taken from the building reserves, which are intended to be used for just such circumstances.  Minimal fiscal impact is anticipated.

 

 

E.                     Recommendation

Recommend the Common Council approve a Level Three fund transfer in the amount of $20,000 for emergency elevator repairs at the City Hall building.