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HomeMy WebLinkAboutR-1993-032 General Fund / Assets4110 RESOLUTION NO. R-93- 3 2 i A RESOLUTION authorizing transfer of certain General Fund Fixed Assets consisting of the Public Works Shops Complex to the City of Yakima Transit Fund — Chapter 3.68 of the City of Yakima Municipal Code. WHEREAS, the City of Yakima owns and operates the Public Works Shop Complex consisting of real property and improvements located at 2301 Fruitvale Boulevard, Yakima, Washington, and WHEREAS, the City conducts upon its Shop Complex site various municipal activities including, but not limited to, public works, water service, and transit service; and WHEREAS, with the exception of Water Fund monies — Chapter 3 100 of the City of Yakima Municipal Code, all improvements and land purchases for the Public Works Shop Complex were made with General Fund and Federal Revenue Sharing funds (FRS), and WHEREAS, the City Council desires to convert all the General Fixed Assets of the Public Works site (land and improvements) to assets of the Transit Fund — Chapter 3 68 of the City of Yakima Municipal Code -- so as to facilitate an expansion of the site. All of which expansion is described in the Public Works Shops' Complex Master Plan, as amended, a copy of which is on file in the Transit Division, and WHEREAS, said conversion of assets may be accomplished by an internal asset transfer authorized by this resolution, now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF YAKIMA: There is hereby transferred to the City of Yakima Transit Fund, Chapter 3 68 of the City of Yakima Municipal Code, all assets of the Public Works Shops Complex site, land and improvements, with the exception of the area of the existing Water Division at said site Said transfer shall be accomplished according to and in conformance with Schedule 1 which is attached hereto and incorporated herein. ADOPTED BY THE CITY COUNCIL this Q day of , 1993. t 1,/ ATTEST Mayor yg City Clerk (1s)res/vanek/gnrl fnd trnsfr jv Schedule 1 Public Works Facility Book Value Calculation Contained in General Fixed Assets For the City of Yakima Year Description Debits Credits Buildings: 1977 Public Works Building 1,467,387 1977-1992 Allowance for Depreciation (note 1) 782,606 1977 Assets provided by General Fund Public Works Building 1977-1992 Allowance for Depreciation (note 1) 782,606 Net Book Value (as of 12/31/92) Note 1 1,467,387 684,781 684,781 Assets held in the General Fixed Assets Account Group(GFAAG) are, as a matter of Generally Accepted Accounting Principals, not depreciated Applicable accounting theory suggests that interfund transfers of property from Governmental to Proprietary Fund types take place at an amount that approximates what book value would have been if the Proprietary fund had purchased the asset originally. Accordingly, we are showing this allowance for illustrative purposes only 1 • SUPPLEMENTAL AGREEMENT AMENDING CITY CONTRACT NO. 92-32 In accordance with paragraph 6.4 of Article 6 of the Standard Form of Agreement Between Owner And Architect, City Contract No 92-32 between the City of Yakima and Architecture Associates A.I.A. / P.S., the City of Yakima, hereafter "the Owner," and Architecture Associates A.I.A. / P.S. hereafter "the Architect," now amend the aforesaid contract by inclusion of the following additional terms. AMENDENT #3 Article 8, paragraph 8.2 is amended to include the following additional compensation an additional fee of eighteen thousand one hundred sixty dollars ($18,160) for services the components of which are listed below. 1 Assist the Owner in the preparation of an Advertisement and a Request for Proposal for Design -Build Services for a City of Yakima Law and Justice Center, including qualification criteria and addressing defensible development issues. 2 Provide technical documents for inclusion in the Request for Proposal, consisting of the following • Concept floor plans and site plans as previously prepared as part of this contract. • Space analysis as previously prepared as part of this contract. Outline performance type specifications and material lists. Data sheets for each room/space to be provided as a part of the Request for Proposal. It is expressly agreed by the parties that this contract is supplemental to the above referenced contract, City Contract No 92-32, which is made a part hereof by reference, and all terms conditions, provisions of the original contract, unless specifically modified herein, are to apply to this contract and are made a part of this contract as though expressly rewritten, incorporated and included herein • Entered into this Architect Associates A.I.A. / P.S BY day of A. Robert ifiiams, A. y resident CITY CONTRACT NUMBER Owner, City of Yakima, BY Richard A. Zais, JR, City M 'lager ATTEST City Contract No. .”/R"93-1 Sup Agmt/Amend Cty Cntrct 993.