TITLE
HOLD a public hearing and consider an ordinance amending the FY 2017 Annual Budget and Plan of Municipal Services of the City of Killeen for roof repairs due to hail damaged roof coverings at Killeen Arts and Activities Center and Stonetree Golf Club.
SUMMARY
AGENDA ITEM
FY 2017 Budget Amendment for Roof Replacement at the KAAC and Stonetree Golf Club
ORIGINATING DEPARTMENT
Community Development / Finance
BACKGROUND INFORMATION
On April 28, 2014, a hail storm damaged multiple properties owned by the City of Killeen. A claim was filed with Texas Municipal League Intergovernmental Risk Pool (TMLIRP), and the initial total damage assessment was $435,665.34. All damaged roofing identified in the initial damage assessment was repaired in 2014. In April of 2016, latent hail damage was noted on the Duro-Last roofing at the Killeen Arts & Activities Center and the composite shingles of the roofing at the Stonetree Golf Club. A new claim was filed with the TMLIRP, and the initial total damage assessment for latent hail damage was $76,997.67.
DISCUSSION/CONCLUSION
Quotations have been obtained from Harrison Roofing Company Incorporated (TIPS Contract #2092415) for replacement of hail damaged roof coverings at the Killeen Arts & Activities Center and Stonetree Golf Club. Total replacement cost of both quotes combined is $81,399.75.
FISCAL IMPACT
A check in the amount of $56,275 has been received from TMLIRP. An additional $20,702.76 may be reimbursed once all roof replacements are completed. The total repair cost is $81,399.75 and will be charged to a Building Maintenance Account. The budget amendment will do the following:
Revenues:
|
Account Number |
Description |
Original Budget |
Budget Increase |
Amended Budget |
|
010-0000-363-9952 |
Insurance Proc |
$0 |
$56,275 |
$ 56,275 |
General Fund:
|
Account Number |
Description |
Original Budget |
Budget Increase |
Amended Budget |
|
010-2131-460-4210 |
Bldg. Mainten. |
$186,413 |
$56,275 |
$242,688 |
RECOMMENDATION
Staff recommends that City Council approve the ordinance amending the FY 2017 Annual Budget and Plan of Municipal Services.