Agenda - Planning Commission - 10/19/1999 - Special Meeting

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Are the equipment notes for new or replacement equipment? The equipment notes are for both new and replacement equipment. The portion of the notes that pertain to replacement equipment, is only that amount which was not funded by the Equipment Replacement Fund. For instance, the new price of the capital item exceeded the original purchase price. Examples of equipment that are being purchased with the notes are New Capital Equipment: 3~d payment on fire truck $85,000 Hot Asphalt Mix Trailer $20,000 Extrication Tools $15,000 Replacement Capital {Costs are Purchase price less replacement funding) Voting Machines $28,000 MDT's $42,000 Squad Cars $17,000 Are the monies available in the equipment replacement fund? Why are they not available or adequate to fund the total costs? As stated above, not all of the capital equipment items are replacement items. Funding for several of the replacement items from the Equipment Replacement Fund is not sufficient, as the purchase price of new, similar items has greatly exceeded the original purchase price. Why wasn't this project discussed prior to this meeting? The fire station project was not anticipated to need the EDA's input, and planned prior to the restructuring of the EDA. This option for funding the project was explored only within the last month, at the adoption of the proposed 2000 budget and levy in September. The determination of such was explained in question pertaining to inter-fund loan above.. With the other demands on staff time, and the time to schedule and prepare for the October 4 EDA meeting, two weeks was a relatively short time to bring this item before the EDA for discussion. Is this method of funding driven/initiated by the Ci.ty Council oi" by city staff?. As stated above, this method was presented to City Council by staff at the time of the proposed 2000 levy and budget being adopted. The City Council agreed to this funding option to meet the budgetary needs of the City, with the Page 4