CITY OF SEATTLE
ORDINANCE __________________
COUNCIL BILL __________________
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AN ORDINANCE relating to the City Light Department ("City Light"); amending Ordinance 125493, which amended the 2018 Budget (Ordinance 125475), including the 2018-2023 Capital Improvement Program (CIP); changing appropriations within City Light's Light Fund; revising project allocations for certain capital projects in the CIP; and ratifying and confirming certain prior acts.
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WHEREAS, the 2018 Budget and 2018-2023 Capital Improvement Program (CIP) were adopted via Ordinance 125475 and amended by Ordinance 125493; and
WHEREAS, due to unanticipated changes in costs, the Advanced Metering Infrastructure capital project requires $17.4 million in additional funds above the current capital budget of $84.1 million immediately in order to complete the rollout of new meters by the end of 2018; and
WHEREAS, it has been determined that the needed funds may be transferred to the Advanced Metering Infrastructure project from other projects and budget items within the Light Fund, thereby avoiding the need to increase the overall size of the 2018-2023 CIP; and
WHEREAS, $15.6 million in budget allocation must be transferred from budget summary levels (BSLs) other than the one containing the Advanced Metering project, thereby requiring legislation; NOW, THEREFORE,
BE IT ORDAINED BY THE CITY OF SEATTLE AS FOLLOWS:
Section 1. The appropriations for the following items in the 2018 Adopted Budget and project allocations in the 2018-2023 Adopted Capital Improvement Program are modified as follows:
Item
Fund
Department
Budget Summary Level
BSL Appropriation Change (in $'s)
Project Name
Allocations (in $000's)
1.1
Light Fund (41000)
Seattle City Light (SCL)
Customer Focused - CIP (41000-BC-CL-Z)
$15,600,000
Advanced Metering Infrastructure
(MC-CL-ZS8426)
(($31,812))
$49,212
Streetlights: Arterial, Residential and Floodlights
(MC-CL-ZL8378)
(($3,492))
$3,292
Streetlight LED Conversi...
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