File #: RES-20:049    Version: 1 Name: TO AMEND THE 2020 ANNUAL BUDGET FOR THE POLICE DEPARTMENT FOR LEASE OF BUILDING
Type: Resolution Status: Passed
File created: 4/23/2020 In control: Finance & Administration Council Committee
On agenda: Final action: 5/5/2020
Title: A RESOLUTION AUTHORIZING THE CITY OF JONESBORO TO AMEND THE 2020 ANNUAL BUDGET FOR THE POLICE DEPARTMENT
Sponsors: Police Department, Finance
Indexes: Lease
Attachments: 1. Lease Agreement - 2319 East Matthews Ave 042220 02, 2. Lack Comments _email for Finance 04282020
Related files: CON-1107

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A RESOLUTION AUTHORIZING THE CITY OF JONESBORO TO AMEND THE 2020 ANNUAL BUDGET FOR THE POLICE DEPARTMENT

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WHEREAS, a Police Department facility located at the Jonesboro Airport was destroyed by a tornado on March 28, 2020 and the operations had to be replaced immediately due to public safety; and,

 

WHEREAS, Resolution 19:165 adopted the 2020 Budget for the City of Jonesboro; and,

 

WHEREAS, the City of Jonesboro, Arkansas desires to enter into a lease contract from June 1, 2020 to December 31, 2021 with Halsey Properties LLC for a building located at 2319 East Matthews Avenue, Jonesboro, Arkansas consisting of approximately two thousand two hundred (2,200) rentable square feet, with rent at Two Thousand Seven Hundred Fifty and No/100 Dollars ($2,750.00) per month under the terms and conditions of the Lease Agreement; and,

 

WHEREAS, the Lease Agreement provides after December 31, 2021, the City shall have the right and option to extend the term until June 30, 2022 on a month to month basis; and,

 

WHEREAS, the 2020 Police Department Budget will need to be increased in order to include seven monthly lease payments of $2,750.00 totaling $19,250 for the remaining portion of 2020.

 

BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS, THAT:

 

Section 1: The sum of $19,250 will be added to the Police Department’s 2020 budget fixed asset line item, said sum shall come from the unappropriated funds in the General Fund with the expectation of partial reimbursement by FEMA and/or insurance.

 

Section 2: The Mayor, Harold Perrin and City Clerk, Donna Jackson, are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to effectuate the agreement.

 

PASSED AND APPROVED THIS 5TH DAY OF MAY, 2020.