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AN ORDINANCE AMENDING THE 2014 BUDGET OF THE CITY OF COMMERCE CITY, COLORADO BY INCREASING THE ORIGINAL BUDGETED REVENUES IN THE GENERAL FUND BY $9,000,000 FOR THE RECOGNITION OF THE ADDITIONAL 1% SALES TAX INCREASE APPROVED BY VOTERS AND TRANSFERRING $323,000 FROM THE GENERAL FUND TO THE CIPP FUND FOR THE MUNICIPAL SERVICE CENTER (MSC) BUILDING B RENOVATION AND THE EXPENDITURE THEREOF.
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Summary and Background Information:
§ Voters approved a 1% sales tax increase during the November 2013 election.
§ 1% increase went into effect 01/01/2014
§ Sales tax increase is to fund major capital projects in the next five years and used to pay the debt service of the bonds issued
§ Amount projected is based off a pro-forma and is trending to reach $9,000,000 by the end of 2014
§ The designation and opening of the Conter Heritage and Cultural Center required alternative office space for the parks planning and operations division. The remodel of the MSC Building B provides for office space needed for parks as a result of vacating Conter and provides for improvements to both parks and street divisions maximizing space and efficiencies necessary for managing new parks, recreation facilities and infrastructure.
§ Project funding includes cost of temporary office trailer for parks division, design services, remodel construction and contingency (64.5% Parks; 35.5% Streets), and owner related furniture, fixtures and equipment (FFE).
§ The remodel of the MSC Building is for the office space of the parks planning division and public works operations spaces
§ Use of the 1% sales tax revenue to fund this 2K project is recommended since the 2K capital projects will increase the responsibilities of the parks planners, and public works maintenance staff and need for improved facilities to adequately and efficiently manage their operations
Staff Responsible (Department Head): Sheryl Carstens
Staff Member Presenting: Sheryl Carstens, Carolyn Keith, & Maria D'Andr...
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