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<br />Preview <br /> <br />Page 2 of2 <br /> <br />Capital Improvement Projects (CIP) Fund (20) <br /> <br />The CIP Fund amendments have a net downward amount of$535,964. <br /> <br />G. Decrease the Heritage Park budget to account for the non receipt of donations <br />($500,000) <br />H. Under grounding of AT&T and FP&L lines near St. Tropez ($16,000) <br />I. Traffic Study for 182nd Street ($14,000), which will be offset by $7,000 in revenues to <br />account for third party share. <br />1. Decrease to allocate the "park" portion of the Pier Park project to the 2010 Capital <br />Projects fund offset by the actual contract amount compared to the approved budget <br />amount. The remaining amount is the restaurant portion and other related project costs. <br />($2,193,550) <br />K. To budget for preliminary costs related to the Pedestrian Bridge project ($100,000) <br />L. Transfer in of Excess Fund Balance from the General Fund ($1,950,586) <br />M. Eliminate the budgeted transfer from the 2010 Capital Projects Fund ($2,193,550) <br />N. La Perla Second Amendment to the Ingress and Egress Agreement ($200,000) <br /> <br />2010 Capital Projects Fund (35) <br /> <br />The 2010 Capital Projects Fund amendments consists of adjustments to capital projects <br />based on scope changes or to ensure proper funding requirements are met. <br /> <br />O. Increase Heritage Park to account for the $1,035,000 for the stage, wall, and water <br />feature which was approved in December. In addition, to account for the $850,000 for <br />expansion of scope of work, the $650,000 of direct purchases for certain components of <br />the project less $305,000 in a deductive change order, all of which was discussed at the <br />March 8, 2011 Special Commission Meeting. ($2,230,000) <br />P. Increase Golden Shores Park to recognize expenditures that could not be classified as <br />Stormwater expenses. ($40,000) <br />Q. To budget the "park" portion of the Newport Pier Park. ($2,693,859) <br />R. Increase Town Center Park to recognize expenditures that could not be classified as <br />Storrnwater expenses, other equipment costs and the costs related to the acoustical study. <br />($45,000) <br />S. Increase Intracoastal Park by $50,000 for architect fees and amenities. <br />T. Eliminate the budgeted transfer to the Capital Improvement Projects Fund <br />($2,193,550) <br /> <br />Storrnwater Capital Fund (45) <br />U. To defund the projects that did not have stormwater elements. ($478,000) <br />V. To account for the costs to complete the Central Island Drainage (Phase I) costs with <br />Southeastern. ($100,000) <br />W. To replace/install decorative street lights ($30,000) <br />X. To "true up" the beginning fund balance based on FY 2009/2010 activity ($173,078) <br /> <br />ATTACHMENTS: <br />. Resolution <br />. Budget Amendment Schedule <br /> <br />http://sibagenda.sibfl.net/agenda/Preview.aspx?ItemID=4 7 5&MeetingID=0&MeetingDate... 5/12/2011 <br />