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2016/07/12 City Council Resolution 2016-78RESOLUTION NO. 2016-78 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROHNERT PARK AUTHORIZING THE FINANCE DIRECTOR TO INCREASE APPROPRIATIONS BY $100,000 TO THE CAPITAL IMPROVEMENT PROJECT 2017-13 SENIOR CENTER HVAC REPLACEMENT PROJECT FUNDED BY 2007R TAX ALLOCATION BOND PROCEEDS AND ANY OTHER TRANSACTIONS NECESSARY TO FUND THE PROJECT WHEREAS, on September 22, 2015, the City Council of the City of Rohnert Park ("City") approved a list of proposed public improvements to be funded from bonds proceeds ("Proposed Public Improvements"); and WHEREAS, on September 24, 2015 the Oversight Board, by adoption of Resolution No. 2015-05, found that the Proposed Public Improvements are consistent with the Bond's covenants and directed the staff of the Successor Agency to include all or a portion of the expenditures from the Excess Bond Proceeds for the Proposed Public Improvements on the ROPS 15-16B (January -June 2016) period; and WHEREAS, on September 24, 2015, the Oversight Board approved and authorized the execution of the Agreement Regarding Expenditure of Excess Bond Proceeds ("Bond Agreement") for expenditure of excess bond proceeds directed by successor Agency staff to include the Bond Agreement on the ROPS for the January -June 2016 (ROPS 15-16B); and WHEREAS, on November 5, 2015, the Department of Finance approved the Bond Agreement; and WHEREAS, at the beginning of May 2016 one of the eleven HVAC units critical to provide cooling to the leased (former Annex) portion of the Senior Center Building failed; and WHEREAS, the failed HVAC unit needed to be replaced on an emergency basis; and WHEREAS, the funds for the replacement need to be appropriated in FY 16/17 to appropriately fund the project. NOW, THEREFORE, BE IT FURTHER RESOLVED by the City Council of the City of Rohnert Park that it hereby authorizes the Director of Finance to appropriate $100,000 of 2007 R bond proceeds to the Capital Improvements Project 2017-13 Senior Center HVAC Replacement project account number 324-1713-400-9901 and any other transaction necessary to fund the project. M DULY AND REGULARLY ADOPTED this 121h day of July, 2016. CITY OF ROHNERT PARK ' int Belfn e, Mayor aw'�'ATTEST: Caitlin Saldanha, Deputy City Clerk A11ANOTU: G CALLINAN: STAFFORD: 4!L— MA"ENZIE: � BELFQRTF: Aseo 4 AYES: ( 1-1 ) NOES: ( O ) ABSENT: ( (2) 2016-78 ) ABSTAIN: ( 0 )