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HomeMy WebLinkAbout4532 , . RESOLUTION NO. 4532 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA APPROPRIATING FEDERAL REVENUE SHARING FUNDS FOR COUNCIL CHAMBER PROJECT WHEREAS, the City of Arcadia is a recipient of funds under the Federal Revenue Sharing Program for the period from 1972 to 1976; and, WHEREAS, the City Council on December 17, 1974, approved a contract for the architectural services of Ruhnau, Evans, Ruhnau, Associates for the Council Chamber Project; and, '- "~. WHEREAS, the City Council, fallowing receipt of a report from the architect, has awarded a contract to the architect to prep~e plans anp specifications for a new Council Chamber facility and modifications to the existing City Hall; and, WHEREAS, Federal Revenue Sharing Funds received have been held in reserve for this purpose; and, WHEREAS, the proposed capital expenditure is authorized by State and local laws and will not include any matching federal grant-in-aid programs; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ARCADIA THAT: Said City Council does hereby appropriate available Federal Revenue Sharing Funds received to date and Revenue Sharing Funds that will be received to the end of the current program, including accrued interest, for the Arcadia Council Ch~mber Project. -1- 4532 I HEREBY CERTIFY that the foregoing resolution was adopted at a regular meeting of the City Council of the City of Arcadia held on the 4th day of November , 1975, by the affirmative vote of at least three Council members, to wit: AYES: Councilmen Helms, Lauber, Saelid, Scott and Gilb NOES: None ABSENT: None e~~bu SIGNED AND APPROVED this Of~~' 1975 Mayor of the City of Arcadia ATTEST: C, &r;~A<.i/ (/ML C~ty Clerk (SEAL) -2- 4532 .< ' October" 1975 IEQ.E.RA1 EEYE!j,UJ::, E.Hf:RINQ IUliDE. Balance, June 30, 1975 Total $ 576,Oll $ 200,600 30,000 100,261 15.000 345.861 $ 921,872 $ 35,848 17 , 000 67,000 ll9 .848 $ 802,024 Add: 1975-76 Entitlements Interest Earnings, 1975-76 July-Dec., 1976 Entitlements Interest Earnings, 1976-77 Less: Helicopter Program, 1975-76 Reserve for Federal Labor Standards Act - Fire Department Appropriation, Council Chambers - Architect (July 1, 1975) Current cost estimates for new Council Chamber building, interior alterations to existing City Hall and modifications to existing City Hall exteriors - $ 805,674 ll.167 $ 816,841 Additional' appropriation for architect based on current cost estimates Comments: / Current Federal general revenue sharing program will end December 31, 1976. Helicopter Program for FY 1976-77 not included in above statement. Encumbrance for FLSA dependent, on Supreme Court decision. The two totals can be balanced by delaying certain costs, such as exterior City Hall work" or utilizing capital outlay fund surplus.' 'The latter is growing as Oak Tree appears to be producing 12-15% more revenue than estimated. ---,. " n''':''r.r.:/VED AUG 4 1975 OFFICE OF THE SECRETARY OF THE TREASURY WASHINGTON. D.C, 20220 ....", ....,. AI(C:JIl./,;l F!~!.,~:"~ :'..-' '.;':", :,'-Ir July 22, 1975 Dear Mr. Reiman; We have rE,viewed your application for an extension of time in which to utilize your revenue sharing funds from entitlement period III. In response to your request, an extension has been granted to December 31, 1975. However, i.n accordance with Section 51.40(b) of the Revenue Sharing Regulations, an extension of time to use the funds may not be necessary. If the funds are appropriated and identified to the specific project' in question, ,the 24-month period to utilize the funds does not apply. Therefore, the funds may be expend on the project when necessary even though eltpenditures are beyond the 24-month period. If additional information is necessary, please advise. ~~:e\r0ffJ~L1 ' -" Robert w~, C.P.A. Fer \ Chief Audi tor ' Compliance Division Office Of Revenue Sharing' Mr.' Charles Reiman Finance Director, City of Arcadia 240 W. Huntington Drive, Arcadia, California 91006 pF.CElVED SEP 181975 CITY Of AReADI... Fl'r'lf.I'IC~ olYA.RiMENT