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HomeMy WebLinkAboutCC AG PKT 2002-12-09 #S a ^ AGENDA REPORT ,b vl� 6 ° DATE: December 9, 2002 A TO: Honorable Mayor and City Council D THRU: John B. Bahorski, City Manager FROM: June Yotsuya, Assistant City Manager SUBJECT: MAINTENANCE OF MCGAUGH GYMNASIUM SUMMARY OF REQUEST: Staff requests Council approve budget amendments 03 -15 and 04 -03 for FY2002/03 and FY2003/04 to provide necessary funds for the maintenance of the McGaugh Gymnasium floor. BACKGROUND: The Los Alamitos Unified School District and the City of Seal Beach have agreed to share the annual gymnasium floor maintenance costs since both organizations equally use the facility. The refinishing work must be scheduled twice a year in order to preserve the wood surface and finish still available at the site. The school district has been quoted an annual maximum cost of $7,900 per year for refinishing the gymnasium floor. FISCAL IMPACT: The City will be responsible for up to $3,950 per year in order to share the costs for maintenance of the McGaugh Gymnasium floor. Approval of the FY 2002/03 budget amendment will decrease the estimated fiscal year ending undesignated general fund balance for FY 2002/03 by $3,950 from $4,645,669 to $4,641,719. Approval of the FY 2003/04 budget amendment will decrease the estimated fiscal year ending undesignated general fund balance for FY 2003/04 by $3,950 from $4,430,953 to $4,426,487. The funds will be expended from account number 001 - 052- 44000. • Agenda Item LC December 9, 2002 1 McGaugh Gymnasium Floor RECOMMENDATION: Staff recommends Council approve Budget Amendments 03 -15 for FY 2002 /03 and 04- 03 for FY 2003/04. .4 se J, e Yotsuy ` ssistant CI ager John B. B orski City M 1 ger