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File #: 17-228    Version: 1 Name:
Type: Agendas Status: Passed
File created: 6/21/2017 In control: Board of Aldermen
On agenda: 6/27/2017 Final action: 6/27/2017
Title: Additional Funds for Public Safety Radio Upgrades PURPOSE: The purpose of this item is to appropriate the third installment of funding to upgrade public safety radios
Attachments: 1. Public Safety Radio Upgrades

TITLE: Title

 Additional Funds for Public Safety Radio Upgrades            

PURPOSE:   The purpose of this item is to appropriate the third installment of funding to upgrade public safety radios          

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DEPARTMENT:  Town Manager and Finance          

 

CONTACT INFORMATION:  David Andrews, 919-918-7315; Arche McAdoo 919-918-7439      

 

INFORMATION: In FY 2014-15 the Town was informed by the vendor that the public safety radios current in use would no longer be supported by the vendor in FY 2017-18.  The estimated cost provide at that time to upgrade all public safety radios was $819,000.   (Total cost has now increased to $927,370 and the Town has secured a price lock of this amount through July 2017.)

 

The Board decided to set aside annually $273,000 over the next three years beginning in FY 2015-16 for the purpose of upgrading public safety radios.  To date $546,000 has been designated in Capital Reserve Fund for the radio upgrades.  Rather than appropriating another $273,000 in FY 2017-18 as previously planned, the additional amount needed based on the new estimate is $381,370.            

 

FISCAL & STAFF IMPACT:  Additional funds in the amount of $381,370 will be appropriated from Assigned Fund Balance in the General Fund to Capital Reserve Fund public safety radio upgrades.           

 

RECOMMENDATION:  That the Board consider adopting the attached resolution in Attachment A.