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Resolution 13-078(S)(A) Propose Projects that Utilize the Funds in Excess of $3 Million Dollars in the HART Fund and Funds in Excess of $3 Million Dollars in the HAWSP Fund for Consideration of the Homer City Council

Resolution ID

13-078(S)(A)

Status

Adopted

Effective Date

Mon Aug 12th, 2013

Postponed Until

Mon Aug 12th, 2013

Resolution Files

Related Meetings

Mon, Jul 22nd, 2013 6:00pm
Mon, Aug 12th, 2013 6:00pm

Related Memorandums

There are no related memorandums for this resolution.

Resolution Summary

A Resolution of the City Council of Homer, Alaska, Directing the  City Manager to Propose Projects that Utilize the Funds in Excess of $3 Million Dollars  in the HART Fund and Funds in Excess of $3 Million Dollars in the HAWSP Fund for  Consideration of the Homer City Council. Burgess/Roberts.

Resolution Details

CITY OF HOMER
HOMER, ALASKA
Burgess/Roberts
RESOLUTION 13-078(S)(A)

A RESOLUTION OF THE CITY COUNCIL OF HOMER, ALASKA, DIRECTING THE CITY MANAGER TO PROPOSE PROJECTS THAT UTILIZE THE FUNDS IN EXCESS OF $3 MILLION DOLLARS IN THE HART FUND AND FUNDS IN EXCESS OF $3 MILLION DOLLARS IN THE HAWSP FUND FOR CONSIDERATION OF THE HOMER CITY COUNCIL.

WHEREAS, The voters of the City of Homer established the HART (Homer Accelerated Roads and Trails Program) fund and the HAWSP (Homer Accelerated Water and Sewer Program) fund; and

WHEREAS, These funds accrue a predetermined portion of the sales taxes for the purpose of road improvement and sewer/water improvements; and

WHEREAS, When the balance of these funds exceed $3 million dollars for the HART fund and $3 million dollars for the HAWSP fund, this excess money sitting in the bank is not useful for the taxpayers; and

WHEREAS, The City of Homer administration knows of projects that need addressing; and

WHEREAS, The City Council of Homer has established a CIP project list; and

WHEREAS, The City Manager can propose projects to be considered with the excess funds; and

WHEREAS, The City Council of Homer can determine the best use of these excess funds.

NOW, THEREFORE, BE IT RESOLVED that the City Council of Homer, Alaska, directs the City Manager to propose projects that utilize the funds in excess of $3 million dollars in the HART fund and funds in excess of $3 million dollars in the HAWSP fund for consideration of the Homer City Council at least once per fiscal year, or more often as the City Manager may see fit.

BE IT FURTHER RESOLVED that project proposals for use of HART or HAWSP funds must include at least two alternative projects meeting some or all of the City’s guidelines for merit of projects outlined in the Homer City Code.

PASSED AND ADOPTED by the City Council of Homer, Alaska, this 12th day of August, 2013.    
       CITY OF HOMER

            
       ________________________
       MARY E. WYTHE, MAYOR
ATTEST:


______________________________
JO JOHNSON, CMC, CITY CLERK

Fiscal Note: N/A