Ordinance 14-53 Budget Amendment to Purchase a Pelican Street Sweeper for Public Works

CITY OF HOMER

HOMER, ALASKA

                                                                                                                                                      City Manager/

Public Works Director

ORDINANCE 14-53

AN ORDINANCE OF THE CITY COUNCIL OF HOMER, ALASKA, AMENDING THE FY 2014 OPERATING BUDGET BY AUTHORIZING THE EXPENDITURE OF $200,000 FOR THE PURCHASE OF A PELICAN STREET SWEEPER FROM THE PUBLIC WORKS VEHICLE DEPRECIATION FUND, AUTHORIZING THE APPLICATION OF A LOAN FOR SAID PURCHASE, AND AUTHORIZING THE CITY MANAGER TO EXECUTE ALL APPROPRIATE DOCUMENTS.

WHEREAS, In preparation of the 2015 budget, Public Works and the City Manager has made a priority of replacing an aged and unsafe street sweeper (see current draft capital expenditure budget); and

WHEREAS, The removal of sand, debris and dust from the City’s streets at the end of each winter is a critical service provided by the City; and

WHEREAS, Approval of this expenditure as part of the 2015 budget will come too late to have this equipment on site before it is needed in the Spring (see Memorandum 14-164 from Public Works); and

WHEREAS, This new sweeper must be formally ordered before the end of the year to assure that this important equipment is here in Homer in time for spring sweeping; and

WHEREAS, Public Works has proposed to purchase an new sweeper utilizing a low interest loan to protect the balance in the vehicle depreciation fund; and

WHEREAS, Staff needs Council approval to formalize this purchase prior to the implementation of the City’s 2015 operating budget.

NOW, THEREFORE, THE CITY OF HOMER ORDAINS:

Section 1. The Homer City Council hereby amends the FY 2014 Operating Budget by appropriating $200,000 from the Public Works Vehicle Depreciation Fund for the purchase of a new Pelican street sweeper.

Expenditure:

Account                                           Description                                    Amount                           

152-0383-5902                              Pelican Street Sweeper                          $200,000

Section 2. The Homer City Council hereby authorizes the City Manager to apply for and secure a 2.70% loan (through Key Government Finance, Inc.) in the amount of $189,342 for the sweeper purchase for the term of 36 months (three payments of $64,805.16; 2015, 2016, and 2017).

Section 3. This is a budget amendment ordinance only, is not permanent in nature, and shall not be codified.

               ENACTED BY THE CITY COUNCIL OF HOMER, ALASKA this _____ day of ______________, 2014.

CITY OF HOMER

______________________
MARY E. WYTHE, MAYOR

ATTEST:

____________________________

JO JOHNSON, MMC, CITY CLERK

AYES:

NOES:

ABSTAIN:

ABSENT:

First Reading:

Public Reading:

Second Reading:

Effective Date:

Reviewed and approved as to form:

                                                                                                                                                                                                 ______________________                                                                            ____________________________
Walt Wrede, City Manager                                                                 Thomas F. Klinkner, City Attorney

Date: _________________                                                                  Date: _______________________