HomeMy WebLinkAboutResolution 35, 2021CITY OF WHEAT RIDGE, COLORADO
RESOLUTION NO. 35
Series of 2021
TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2021
GENERAL FUND BUDGET TO REFLECT THE
APPROVAL OF A SUPPLEMENTAL BUDGET
APPROPRIATION IN THE AMOUNT OF $1,600,000 FOR
CONTRACTUAL BUILDING DIVISION SERVICES
WHEREAS, since March of 2017, the City contracts with Charles Abbott
Associates, Inc. to provide full-service building division services; and
WHEREAS, Charles Abbott Associates (CAA) was selected through a
competitive bidding process as the top firm to provide said services through RFQ-17-09
in the spring of 2017; and
WHEREAS, the City has experienced a significantly higher than estimated
volume of building permits and revenues associated with a mix of commercial and
residential new construction through June 2021; and
WHEREAS, building division associated fees for all of 2021 are estimated to be
approximately $2,650,000 higher than the adopted 2021 budget and CAA’s share of
said revenues are estimated to be approximately $1,600,000 more than budgeted for
2021; and
WHEREAS, pursuant to the terms of the City’s contract with CAA, they are paid
a percentage of all building division associated fees, generally averaging 62% of total
fees generated; and
WHEREAS, the requested funding is available in the General Fund undesignated
reserves.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Wheat Ridge,
Colorado as follows:
Section 1. A transfer of $1,600,000 from General Fund undesignated reserves for
on-call building division services to account 01-122-700-704
DONE AND RESOLVED this 12th day of July 2021.
William “Bud” Starker, Mayor
ATTEST:
Stephen Kirkpatrick, City Clerk