Title of Item:
BA #4 NEW DEVELOPMENTS - WATER METERS AND SANITATION CARTS (RC):
RESOLUTION No. 10-2021; A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF STUART, FLORIDA, AUTHORIZING BUDGET AMENDMENT No. 4 TO THE 2020-2021 WATER & SEWER FUND AND SANITATION FUND; APPROPRIATING AND AUTHORIZING THE EXPENDITURE OF FUNDS FOR NEW DEVELOPMENT – WATER METERS AND SANITATION CARTS; PROVIDING AN EFFECTIVE DATE, AND FOR OTHER PURPOSES.
Summary Explanation/Background Information on Agenda Request:
Water meters for Monterey Road Subdivision and 2 new developments, Seaside and Stuart Ocean Townhomes. Sanitation recycling and trash carts for 3 new developments, Seaside, Stuart Ocean Townhomes and Trillium.
Below is a summary of the costs.
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Water Meters - Water & Sewer Fund
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Development
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Description
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Cost
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Monterey Road Subdivision
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176 meters @ $263.00/ea
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$46,288.00
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Seaside
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76 meters @ $263.00/ea
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$19,988.00
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Stuart Ocean Townhomes
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80 meters @ $263.00/ea
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$21,040.00
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Total
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$87,316.00
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Sanitation Carts - Sanitation Fund
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Development
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Description
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Cost
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Seaside
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76 @ $107.00 (Recycling & Trash)
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$8,132.00
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Stuart Ocean Townhomes
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80 @ $107.00 (Recycling & Trash)
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$8,560.00
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Trillium
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76 @ $107.00 (Recycling & Trash)
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$8,132.00
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Total
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$24,824.00
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Funding Source:
From: Water & Sewer, Retained Earnings $87,316.00
Sanitation, Retained Earnings $24,824.00
To: Water Distribution and Collection, Capital Outlay $46,288.00
Water Distribution and Collection, Operating $41,028.00
Sanitation, Operating $24,824.00
Recommended Action:
Approve Resolution No. 10-2021; BA No. 4. | | |