Legislation # 10-0169 Enactment Number none
Type Resolution - Budget Item Effective Date none
Introduction Date 5/12/2010
Title Resolution Rescinding Resolution Number 10-0134 (Transferring Funds within the Capital Budget and Appropriating Revenues from the Fiscal Year 2010 General Obligation Bond Issuance) and Substituting a Resolution Transferring Funds within the Capital Budget and Appropriating Revenues from the Fiscal Year 2010 General Obligation Bond Issuance to Correct Line Item Entries and Inserting Buckroe Items Previously Omitted
 
Legislation History 10-0169
DateNotice Of ActionDescription
5/12/2010 Approved - removed from consent agenda by Councilwoman Leary to allow additional explanation.
4/22/2010 Received By Clerk's Office
 
View Attachments 10-0169
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Legislation Text 10-0169

 

City of Hampton, Virginia

Resolution - Budget Item

22 Lincoln Street

Hampton, VA 23669

www.hampton.gov

 

File Number: 10-0169

 

Enactment Number: -

 

Resolution Rescinding Resolution Number 10-0134 (Transferring Funds within the Capital Budget and Appropriating Revenues from the Fiscal Year 2010 General Obligation Bond Issuance) and Substituting a Resolution Transferring Funds within the Capital Budget and Appropriating Revenues from the Fiscal Year 2010 General Obligation Bond Issuance to Correct Line Item Entries and Inserting Buckroe Items Previously Omitted

 

BE IT RESOLVED by the City Council of the City of Hampton, Virginia that the following budget transfers and appropriation of revenues be approved.

 

 

 

General

 

G. O. Bond

Transfer from:

Fund

 

Proceeds

 

 

 

 

Circuit Court Space Needs

($124)

 

($0)

Enterprise Architecture

(53,604)

 

(0)

Housing Improvement Grants

(300,000)

 

(0)

Retail Shopping Center Revitalization

(357,471)

 

(0)

Sewer Construction - Crossroads Site

(976,470)

 

(0)

Buckroe Park Improvements

0

 

(1,000,000)

Buckroe School Design

0

 

(1,000,000)

Coliseum Central - Crossroads Structure Parking

0

 

(4,150,000)

Coliseum Property Acquisitions

0

 

(16,702)

Coliseum Streetscaping - Coliseum/Freeman Drive

0

 

(508,638)

Downtown - On Street Parking

0

 

(33,485)

Downtown - Urban Greenway Bright's Creek

0

 

(130,000)

Downtown Infrastructure

0

 

(400,000)

Neighborhood Improvement Funding

0

 

(302,000)

Pictometry Software

0

 

(84,604)

Total Transfer:

($1,687,669)

 

($7,625,429)

 

 

 

General

 

G. O. Bond

Transfer to:

Fund

 

Proceeds

 

 

 

 

Acquisition of Strategic Property (Graham Rollins)

$335,000

 

$0

Existing Master Plan Commitment (Old Point)

400,000

 

0

Street Resurfacing (City-wide)

952,669

 

0

Balance of Street Resurfacing (City-wide)

0

 

47,331

Buckroe School (land acquisition)

0

 

2,000,000

Hampton River Side Channels

0

 

400,000

New Circuit Court Building

0

 

2,000,000

New Circuit Court Building Parking Lot Design

0

 

1,000,000

FY10 Hampton City School Maintenance Projects

0

 

2,178,098

Total Transfer:

$1,687,669

 

$7,625,429

 

Increase Revenues:

 

FY 2010 General Obligation Public Improvement Bonds

($15,426,902)

Appropriate to:

 

FY10 Hampton City Schools Maintenance Projects {balance}

$3,109,402

FY09 Hampton City Schools Maintenance Projects

5,287,500

Reimburse Fund Balance for advanced funding of projects listed below in the specified amounts:

Back River Dredging/Factory Point Shoreline Restoration

4,730,000

New American Theatre Expansion

300,000

Newmarket Creek Park and Trail System

1,000,000

Re-design Parking/Park Area ~ Pembroke Avenue/First Street

1,000,000

Total Transfer:

$15,426,902

 

 

 

 

Adopted at the regular meeting of the City Council of the City of Hampton, Virginia held on May 12, 2010.

 

 

 

Signed by ____________________________ Date _________________

Molly Joseph Ward, Mayor

 

 

 

 

Attested by ____________________________ Date _________________

Katherine K. Glass

Clerk of the Council