HomeMy WebLinkAboutORD 4669 Amends: ORD 4645, 4664
CITY OF RENTON, WASHINGTON
ORDINANCE N0. 4669
AN ORDINANCE OF THE CITY OF RENTON, WASHINGTON CREATING
A NEW CAPITAL FUND TO TRACK ALL EXPENDIT[JRES AND
REVENUES FOR THE PURCHASE AND RENOVATION OF THE NEW CITY
HALL BUILDING, AND REAPPROPRIATING PREVIOUSLY AIITHORIZED
REVENUES AND EXPENDITURES FROM THE b1UNICIPAL FACILITIES
FUND TO COMPLETE THE PROJECT.
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WHEREAS, Ordinance No. 4662 permitted the City to issue
$14, 697, 743 in Limited Tax General Obligation Debt for the
purchase and renovation of the New City Hall building; and I
WHEREAS, Ordinance No. 4662 appropriated the funds in the
Municipal Facilities Capital Fund in a separate account; and
WHEREAS, Ordinance No. 4664 reallocated and appropriated
$2, 430, 000 of excess General Governmental Fund balances for the
purpose of renovating the New City Hall building; and
WHEREAS, the City Council, through a number of motions, has
directed staff to engage different services to facili�ate the
purchase and renovation of the New City Hall building, and those
services have been paid;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RENTON,
WASHINGTON, DO ORDAIN AS FOLLOWS :
SECTION I. The City Council hereby authorizes the Finance
& Information Services Department to create accounting records and
a new Fund in the 1997 Budget for the purpose of tracking all
costs associated with the New City Hall building. That Fund shall
be entitled the New City Hall Building Fund (the Building Fund) ,
and shall be noted as Fund 301 .
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ORDINANCE NO. 4669
SECTION I2. A total of $17, 127, 744 Shall be reappropriated
from the City' s Municipal Facilities Fund (Fund 316) to the
Building Fund (Fund 301) .
SECTION III . All expenditures associated with the purchase
and renovation of the New City Hall building from the Municipal
Facilities Fund shall be transferred to the Building Fund (Fund
! 301) . These expenditures shall include, but are not limited to,
the items identified in Attachment A. All other changes
identified in this Attachment will be made and noted in the end of
the year budget adjustment ordinance. I
, SECTION IV. This Ordinance shall be effective upon its I
passage, approval, and five days after publication.
PASSED BY THE CITY COUNCIL this 23rd day of June, 1997 .
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Maril , J. Petersen, Cit Clerk
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APPROVED BY THE MAYOR this 23rd day of June, 1997 .
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Jess anner, Mayor
Approved as to form:
Ct�ta�c� Q�,�r-
Lawrence J. Warre City Attorney
Date of Publication: June 27 , 1997 i
ORD. 658 : 6/05/97 :as .
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��� ����� 316 Transfers ����.,'�I"t�
From To Purpose Amount Notes
Main and Grady Changes
Expenditures
316.000000.020.5940.0076.62.000015 301.000000.005.5940.0019.62.000001 Purchase 9,125,000.00 Court Purchase price
316.000000.020.5940.0076.62.000015 301.000000.005.5940.0019.62.000001 Purchase 125,000.00 Horbach Individual check for Horbach 9,250,000
316.000000.020.5940.0076.62.000015 301.000000.005.5940.0019.62.000001 Acquistion 8,683.05 Stewart Title Title Costs
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquisition 17,025.00 Bruce Allen Immenient Domain Legal Costs
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquisition 5,000.00 Kinzer Negotiating Fees ,
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquisition 5,000.00 Kinzer Negotiating Fees
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquisition 5,750.00 Kinzer Negotiating Fees
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquisition 112,097.00 Kinzer Negotiating Fees
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquisition 449.20 NW Info Srvs Technology Assessment
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquisition 814.00 NW Into Srvs Technology Assessment
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquisition 24.74 NW Info Srvs Technology Assessment
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquisition 23.75 NW Info Srvs Technology Assessment
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquisition 4,506.50 Rodger Immenient Domain Legal Costs
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquisition 19,993.50 Rodger Immenient Domain�egal Costs
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquisition 901.40 Warren Kellog Immenient Domain Legal Costs
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquisition 3,752.75 Warren/Kellog Immenient Domain Legal Costs
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquistion 96.50 Alston Negotiating Fees
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquistion 3,17520 Warren Kellog Immenient Domain Legal Costs
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquistion 16,520.15 Warren/Kellog Immenient Domain Legal Costs
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000001 Acquistion 4,009.00 Cal Jordan Assessment 207,822
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000002 Design 37,398.56 Cal Jordan Design
316.000000.020.5940.0076.63.000027 301.000000.005.5940.0019.62.000002 Design 38,273.37 Cal Jordan Design 75,672
316.000000.005.5920.0098.84.000012 301.000000.005.5920.0019.84.000012 Bond Costs 27,831.90 Piper Bond Costs
316.000000.005.5920.0098.84.000012 301.000000.005.5920.0019.84.000012 Bond Costs 138,998.71 Piper Bond Costs
316.000000.005.5920.0098.84.000012 301.000000.005.5920.0019.84.000012 Bond Costs 35,000.00 Piper/Misc Bond Costs 201,831
Total Expenditures 9,735,324.28 9,735,324.28
Revenue
316.000000.000.3970.0000.00.000098 301.000000.000.3970.0000.00.000106 Transfer of FB 2,430,000.00 From GF
316.000000.000.3910.0010,00.000002 301.000000.000.3910.0010.00.000002 Bond Proceeds 14,697,743.60 Bond Proceeds ��,�2�,743.60
Total Revenue
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