HomeMy WebLinkAboutOrdinance No. 2511-2010the n fr r
KENA
CITY OF KENAI
ORDINANCE NO. 2511 -2010
Suggested by: Administration
AN ORDINANCE OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, INCREASING
ESTIMATED REVENUES AND APPROPRIATIONS IN THE CONGREGATE HOUSING
IMPROVEMENTS CAPITAL PROJECT FUND FOR REPLACEMENT OF THE FACILITY'S
SIDING.
WHEREAS, during the preparation process for the FY 11 City Budget, a $250,000
siding replacement project was identified for the City's Vintage Pointe Congregate
Housing Facility; and,
WHEREAS, proposed funding for the project was from a 5154,208 transfer from the
Congregate Housing Enterprise Fund and the estimated $95,792 in residual funds
from completion of the Center's Dry Sprinkler Replacement and Window Replacement
projects; and,
WHEREAS, actual residual balance from the completed projects was $104,969.92;
and,
WHEREAS, total funds available for the project including the residual project balances
and the FYI 1 transfer is $259,177.92.
NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF KENAI,
ALASKA, that estimated revenues and appropriations be increased as follows:
Airport Improvements Capital Project Fund
Increase Estimated Revenues:
Appropriation of Fund Balance
Transfer from Congregate Housing
Enterprise Fund
Increase Estimated Appropriations:
Engineering
Administration
Charges to (from) Other Departments
Construction
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$104,969.92
154,208.00
$259,177.92
52,450.00
2,000.00
10,000.00
194,727.92
$259 177.92
Ordinance No. 2511 -2010
Page 2 of 2
PASSED BY THE COUNCIL OF THE CITY OF K N LAS�KA t]ais first day of
September, 2010.
ATTEST:
Carol L. Freas, City Clerk
Approved by Finance:
PAT PORTER, MAYOR
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Introduced: August 18, 2010
Adopted: September 1, 2010
Effective: September 1, 2010
\the city
KENAI, ALASKA
Nv/
To: Rick Koch, City Manager
P From: Terry Eubank, Finance Director
Date: August 12, 2010
Re: Ordinance 2511 -2010
llaye with a Past, Ci y with a Future"
FINANCE DEPARTMENT
210 Fidalgo Avenue, Kenai, Alaska 99611 -7794
Telephone: 907 283 -7535 ext 221 FAX: 907 283 -3014
Ordinance 2511 -2010 appropriates funds for design and installation of new siding at the City's
Vintage Pointe Congregate Housing Facility. The project discussed during the FYl1 budget
process included design and installation of a vinyl siding product. The natural wood siding,
while being aesthetically pleasing, requires significant maintenance over its life. Vinyl siding
will provide a nearly maintenance free solution for the center, significantly reducing future
maintenance costs.
Funding for the project is proposed from three different sources. The first two sources are excess
funds remaining after completion of the Dry Sprinkler Pipe Replacement Project, $76,171.46,
and the Window Replacement Project, $28,798.46. Both projects were completed during FY10.
The remaining source of funds is a $154,208 transfer from the Congregate Housing Enterprise
Fund budgeted in FY11.
Total funds available for and being appropriated by Ordinance 2511 -2010 to the project are
$259,177.92.
N fhec :ty
KENAI, ALASKA
MEMO:
"Village with a Past, Gc with a Future
210 Fidaigo Avenue, Kenai, Alaska 99611 -7794
Telephone: 907 283 -7535 FAX: 907 283 -3014
TO: City Council
FROM: Rick Koch
DATE: August 26, 2010
SUBJECT: Ordinance 2511 -2010 Congregate Housing Exterior Siding Project
The purpose of this correspondence is to recommend approval of the above referenced
ordinance.
The existing siding at Vintage Pointe is comprised primarily of natural wood siding requiring
significant maintenance to maintain its appearance and utility. The maintenance schedule is to
re- stain /re -seal the south face of the building every three years and to re- stain /re -seal the
remainder of the building every five years.
The cost associated with this maintenance over a 25 year period (2010 dollars) is as follows:
Cost to re- stain /re -seal south face of building $50,000*
Cost to re- stain /re -seal remainder of building $75,000*
South face 8 x $50,000 $400,000
Remainder 5 x $75,000= 375,000
Total Estimate for 25 Year Period $775,000
*cost estimates established through competitive bid /vendor discussions process
The estimated cost for a high quality vinyl siding with a minimum 25 year warranty /life is
$250,000. This was identified in the FY11 City Budget.
Included in the design consultant agreement are meetings with the administration and
residents to determine the specific product /color /pattern.
If you have any questions, please contact me at your convenience.
1992