HomeMy WebLinkAboutMINUTES - 11291988 - 2.3 �. 3
TO: == BOARD OF SUPERVISORS
nom,.,♦
FROM: Phil Batchelor, Contra
County Administrator Costa
°ATE' November 29, 1988 y C ^
SUBJECT;
ESTABLISH APPROPRIATION FOR EXPENDITURE OF BOND/PROCEEDS FOR
PUBLIC WORKS ADMINISTRATIVE ADDITION PROJECT
SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATION•
Approve appropriation adjustment to establish the funding for the Public
Works Administrative Addition and appropriate offsetting revenue from
Certificate of Participation proceeds.
BACKGROUND:
It has been decided, for accounting purposes, to appropriate the proceeds
of the Certificate of Participation issue used to finance the Public Works
Addition rather than have the Trustee make periodic payments directly to
the contractor. The procedure will improve accounting control of the
project costs.
Debt service payments on the Certificates will commence upon completion and
acceptance of the building in fiscal year 1989-1990. The Public Works
Department will budget for the debt service from several sources of revenue
available to that department.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD' COMMITTEE
APPROVE OTHER
SIGNATURE(S 1: o O
ACTION OF BOARD ON November 29 , 19 8 8 APPROVED AS RECOMMENDED
� OTHER
VOTE OF SUPERVISORS
I HEREBY CERTIFY THAT THIS 1S A TRUE
X UNANIMOUS (ABSENT AND CORRECT COPY OF AN ACTION TARN
AYES; NOES: AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT; ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN.
cc: Administrator' s Office ATTESTED November 29, 1988
Auditor-Controller PHIL BATCHELOR, CLERK OF THE BOARD OF
General Services SUP VISORS AND COUNTY ADMINISTRATOR
Public Works
04 BY c ,DEPUTY
M382/7-83
tt
AUDITOR-CONTROLLER USE ONLY
CONTRA COSTA COUNTY FINAL APPROVAL NEEDED BY:
APPROPRIATION ADJUSTMENT sz 2-003
T/C 27 BOARD OF SUPERVISORS
El COUNTY ADMINISTRATOR
ACCOUNT CODING BUDGET UNIT: County Administrator (Plant Acquisition)
ORGANIZATION EXPENDITURE
EXPENDITURE ACCOUNT DESCRIPTION DECREASE INCREASE
100 100
1
4425 4271 Glacier Dr. New Building 1 2 ,4161807100
0990 6301 Reserve for contingencies 2 ,416, 80700
0990 6301 Appropriable new revenue 1 2,416,807,00
TOTALS
2 ,416,80790 4 ,833, 61400
APPROVED EXPLANATION OF REQUEST
AUDITOq-CONTROLLE
To appropriate funds for construction of the new
Public Works building at 255 Glacier Drive,
By:
Dote Martinez. Funding is provided through CSAC
bonds. All project-related costs are reimburse-
COUNTY ADMANISTRATOR able up to the amount inthe construction fund.
By: Date
BOARD OF SUPERVISORS
Supar,iis,,rs Powers,Fanden,
YES:
N 0:
Phil Batchelor, Clerk of the Board of
Supervisors and County Administrator
KV 2 9 1988
V TI1VIE DA*E
By: Date APPROPRIATION A PQO
ADJ. JOURNAL NO.
(M 129 Rev.2/86) SEE INSTRUCTIONS ON REVERSE SIDE
CONTRA COSTA COUNTY
ESTIMATED REVENUE ADJUSTMENT
T/C 24
ACCOUNT CODINO BUDGET UNIT: County Administrator (Plant Acquisition)
ORCANIZATION REVENUE
ACCOUNT REVENUE DESCRIPTION INCREASE <DECREASE>
100 101
4425 9895 Miscellaneous Current Services 2,416,807!00
TOTALS 1 2,416 ,807001
APPROVED EXPLANATION OF REQUEST
AUD11Vt1-(;U,, T- �Ro E� To appropriate reimbursement of project costs
L
By.1 U-----' - - Date related to the new Public Works building by
COUNTY ADM4NIs-rRATQB C8AC. All project—related costs are eligible
414141 for reimbursement.
By: Dote
BOARD OF SUPERVISORS
Supervisors Powers,Fanden,
YES: Schroder,Mc Peak,Torlakson
NO:
Phil Batch.,Ilx, Clefil." 01 the Board of
Supervisors and County Administrator N V 2 9 1988 T R': TITV 'DAVE
By: Date REVENUE ADJ. R AOO
(M 8134 Rev. 2/86) JOURNAL NO.