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92-063 . . . RESOLUTION NO. 63-92 A RESOLUTION AMENDING THE 1992 SEWER FUND BUDGET FOR REHABILITATION OF LIFT STATIONS 7 AND 11 WHEREAS, the Shorewood City Council has awarded a bid to rehabilitate sewer lift stations 7 and 11 to Schmitz and Sons in the amount of $66,319, and, WHEREAS, it is general practice to include a contingency in project cost for unforseen construction obstacles, and, WHEREAS, the amount budgeted for such rehabilitation project for 1992 was $60,000, and, WHEREAS, it has been the practice of the City Council to amend the budget for such expenditures to reflect the actual cost of the project, NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Shorewood that the 1992 Sewer Fund Budget for rehabilitation of lift stations 7 and 11 is hereby amended as follows: Expenditures Purpose Construction Contract contingency Net Expenditure Budget Amendments Account Number 61-8263 61-8263 Original Budget $ 60,000 -0- Difference $ 6,319 3.331 $ 9,650 Amended Budget $ 66,319 3,316 Beginning Sewer Fund Budget Plus: Net Budget Adjustments Amended Sewer Fund Budget $ $ 532,051 9.650 541,701 ADOPTED BY THE CITY COUNCIL OF THE CITY OF SHOREWOOD this 13th day of July, 1992. L4~~(k~1 Barbara Be, Mayor ' Attest: Jam s C. Hurm, City Administrator/Clerk