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HomeMy WebLinkAbout4636 Ordinance - Budget Amendment to WWTP Phases 1_2 ORDINANCE NO.4636 AN ORDINANCE OF THE CITY OF PASCO, WASHINGTON, AMENDING THE 2023-2024 BIENNIAL CAPITAL PROJECTS BUDGET (ORDINANCE NO. 4620) BY PROVIDING SUPPLEMENT THERETO; TO PROVIDE ADDITIONAL APPROPRIATION IN THE CITY'S SEWER FUND FOR THE WASTEWATER TREATMENT PLANT (WWTP) PHASES 1 & 2 PROJECTS. WHEREAS, on November 28, 2022, the Pasco City Council approved Ordinance No. 4620, adopting the 2023-2024 Biennial Capital Projects Budget; and WHEREAS, the 2023-2024 Biennial Capital Projects Budget included the Wastewater Treatment Plant Phases 1 & 2 Projects in the amount of$28,000,000 with revenue anticipated from the Sewer Fund and secured low-interest loans; and WHEREAS, the City is in receipt of a pre-construction low-interest loan for$4,921,000 funded through the Washington State Deparhnent of Ecology for design of Phases 1 and 2 of WWTP Improvements; and WHEREAS, said loan is being amended for an additional $600,000, for a total of 5,521,000; and NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PASCO, WASHINGTON DO ORDAIN AS FOLLOWS: Section 1. Pursuant to RCW 35A.34.200(3), the 2023-2024 Biennial Capital Projects Budget be and the same is hereby amended to provide for the following adjustments to revenues, transfers in, expenditures, and transfers out by providing authority for any necessary transfer of money within or between funds indicated, and their subsequent impact to end fund balance: Fund EXPENDITURE REVENUE Sewer-Department of Ecolo�y Low interest loan $600,000 Sewer—Wastewater Treatment Plant Phase 1 &2 $600 000 Total $600,000 $600,000 Section 2. That the additions in appropriations and expenditures are hereby declared to exist in the above funds for the said uses and purposes as shown above and the proper City officials are hereby authorized and directed to issue warrants and transfer funds in accordance with the provision of the Ordinance. Section 3. Except as amended herein, Ordinance No. 4620 as previously adopted heretofore shall remain unchanged. Ordinance—2023-2024 Capital Projects Budget Amendment- 1 Section 4. This Ordinance,being an exercise of a power specifically delegated to the City legislative body,is not subject to referendum, and shall take full force and effect five(5)days after approval, passage and publication as required by law. PASSED by the City Council of the City of Pasco,Washington,on this 17th day of January, 2023. Bl ce � . Mayor ATTEST: APPROV S TO FORM: ��G.� G�✓�`-- —� � Debra Barham, CMC err Fergusoi , LLC City Clerk City Atto s Published: �: G � ZZ 2�3 Ordinance—2023-2024 Capital Projects Budget Amendment-2