TO: Mayor and Members of City Council
THRU: Adam Lindsay, Assistant City Manager
FROM: Rob Stone, PE, Construction Management and Special Projects Director
Sheila Thomas-Ambat, PE, CCM, CFM, Public Services Director
Kelly Olivera, Budget and Evaluation Director
DATE: June 13, 2022
RE:
Title
Adoption of Capital Project Ordinance Amendment 2022-63 to Appropriate $150,000 from PCH Development Co. for the Purchase of an Elevator for the Hay Street Parking Deck
end
COUNCIL DISTRICT(S):
Council District(s)
District 2
b
Relationship To Strategic Plan:
Goal V: Financially Sound City Providing Exemplary City Services
Executive Summary:
Council is asked to adopt Capital Project Ordinance Amendment (CPOA) 2022-63 to appropriate a $150,000 payment from the PCH Development Co., LLC. The payment is for the purchase of an elevator for the Hay Street Parking Deck. This appropriation does not include any funding from the City.
Background:
The City has received a payment of $150,000 from PCH Development Co. for the purchase of an elevator for the Hay Street Parking Deck. CPOA 2022-63 will appropriate the funds, and provide the expenditure budget needed for the purchase. All funds associated with the purchase of the elevator are to be provided by PCH Development Co.
Issues/Analysis:
None
Budget Impact:
There is no impact to the General Fund. The appropriation consists of funds received from PCH Development, Co.
Options:
1. Adopt CPOA 2022-63 to appropriate the funds from PCH Development Co.
2. Do not adopt CPOA 2022-63 and provide further direction to staff.
Recommended Action:
Staff recommends that Council move to adopt Capital Project Ordinance Amendment 2022-63 as presented.
Attachments:
Capital Project Ordinance Amendment 2022-63