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City staff to provide council with alternative budget option for Century House repairs without dipping into rainy day fund – Pleasanton Weekly

The Pleasanton Metropolis Council Is about To imagine about undertakeing the 2022-23 midtime period price range and capital enhancement program at Tuesday’s meeting, Which incorpocosts an up So far plan of not dipping into moist day funds To deal with the Century House restore enterprise.

This historic 150-yr-previous house on Santa Rita Road was purchased by The city Inside the Nineteen Seventies And have become A spot for people to get married, primarytain birthday events and attfinish packages onsite — till it was deemed unsafe Inside the final decade.

All by way of a price range workshop on Might 31, the council voted 3-2 to take $2 million from the moist day reserve funds — money That is Put aside for emergencies when The city’s income decreases so operations can proceed — and add it to the funds To utterly reretailer The house.

The selection stemmed from The city’s reserve funds being 0.7% above The utmost 30% diploma established by city coverage and council members Eager to make the most of that To finish tasks Simply like the Century House Which have been Positioned on primarytain For tright herefore prolonged.

However Based mostly on a city staff report, The worth to restore the roof of the library, which was Definitely one of many completely different capital enhancement program precedence tasks itemizing, acquired here out to be Low price than anticipated.

“Following the price range workshop, the consider of bid proposals for the library …….

Source: https://www.pleasantonweekly.com/news/2022/06/20/city-staff-to-provide-council-with-alternative-budget-option-for-century-house-funding

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