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FINANCIAL IMPACT: <br />Approval of the attached Change Order No. 1 will require an amendment to the Fiscal Year 2007- <br />2008 Capital Improvement Program budget, in the amount of $236,853. There are available <br />funds to finance this change order in the following accounts: <br />Account # <br />Budgeted Year -to -Date <br />Open <br />Available Funds <br />Expenditures <br />Encumbrances <br />1100-6090-6091-1100 <br />$1,557,235 $514,172 <br />---------- <br />$1,043,062 <br />50-6737 <br />----------- --------------- <br />---------- <br />$ 44,700 <br />100-5602 <br />----------- --------------- <br />I ---------- 1 <br />$ 58,000 <br />• The Fire Department is recommending utilizing savings in accounts in the Salary <br />and Benefit categories primarily in Salary Related Benefits (Account #1100), in the <br />amount of $134,153. <br />• Fire Facility Fees collected from developers during the past couple of years have <br />not been appropriated to projects and staff recommends transferring these funds <br />to the CIP fund to cover the cost of this change order. The funds available in the <br />Facilities Development Fee Fund available for the Fire Station 1 project is $44,700. <br />• During fiscal year 2006/2007 the City Council authorized a Capital Lease whereby <br />$1,500,000 was borrowed against Fire Station 4 for the purpose of City Hall <br />remodel ($750,000) and Fire Station 1 remodel ($750,000). The funds are held by <br />a Trustee in an interest bearing account till such time that staff submits <br />construction related invoices for reimbursements. This account has accrued <br />interest of $58,000 related to the $750,000 held for the Fire Station 1 remodel and <br />staff recommends appropriating these funds to the project. <br />Staff recommends that the total amount of $236,853 be transferred to the CIP Fund Fire <br />Station Remodel Project account number 450-0610-6960-3890, in the amount of <br />$192,153, and account number 450-0610-6975-3890, in the amount of $44,700. <br />ENVIRONMENTAL IMPACT: <br />The proposed public improvement is Exempt under Section 15301 of the California Environmental <br />Quality Act (CEQA). <br />CONFLICT OF INTEREST <br />Hinkley and Associates, Inc. <br />Jeff Hinkley, President <br />RECOMMENDATION: <br />Staff respectfully recommends approval of the attached change order to Fire Station Number 1 <br />Remodel Project and adoption of the attached resolution. <br />Attachment: <br />Exhibit A - Change Order No. 1 <br />Resolution <br />REVIEW TEAM ONLY <br />City Attorney: Finance Director: <br />City Manager: OTHER: <br />