Title
Ordinance in the Amount of $118,100 Amending the FY 2017-2018 General Fund Budget to Appropriate Insurance Refunds & Claim Revenue to Establish Funding for the Roof Replacement of Fire Station 4
Body
Department: Engineering & Inspections
Council District: 2
Public Hearing: N/A
Advertising Date/By: N/A
Contact 1 and Phone: Kenney McDowell, PE at 336-373-4578
Contact 2 and Phone: Butch Shumate at 336-412-5794
PURPOSE:
City Council is requested to approve a budget ordinance to appropriate insurance claim revenue funds received from FM Global in the amount of $118,100 to be distributed for the roof replacement of Fire Station 4.
BACKGROUND:
In the afternoon of September 28, 2016 a hail storm in the Greensboro area caused damage to several City of Greensboro properties including the Service Center “A” building roof which was in the process of being replaced from Facilities Maintenance division funds. FM Global insurance company agreed to reimburse the Facilities Maintenance division for the roof repair expenses in the amount of $118,100. In January 2018, a refund check was issued to the City of Greensboro and deposited into a Facilities Maintenance revenue account.
The Facilities division has previously identified an aging Fire Station roof that is in need of replacement. Due to budget constraints, funding was not allocated in the current year for these repairs. Engineering & Inspections’ Facilities division is requesting to utilize the insurance refund from the “A” building roof to replace the aging roof structure at Fire Station # 4.
BUDGET IMPACT:
There is no negative impact on the departmental operating budget. The adopted resolution provides for revenue funds from an insurance claim refund to be utilized for replacing an aging roof at Fire Station #4.
RECOMMENDATION / ACTION REQUESTED:
It is requested that the City Council adopt the attached budget ordinance.